Elbit Systems' U.S. Subsidiary Awarded $23 Million Order as Part of the Squad Binocular NVG Contract for the U.S. Marine Corps

HAIFA, Israel, Oct. 3, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that its U.S. subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America"), was awarded delivery order valued at approximately $23 million for the supply of systems and various spare components to the U.S. Marine Corps. The order will be executed in Roanoke, Virginia and will be supplied over the next 10 months.

This order is part of the $249 million five-year Squad Binocular Night Vision Goggles Indefinite Delivery Indefinite Quantity (IDIQ) contract from September 6, 2019, that was awarded to the Night Vision business of L3Harris Technologies (NYSE:LHX) several days before the finalization of the acquisition of that business activity by Elbit Systems of America.

Under this contract, the U.S. Marine Corps will be supplied with a Squad Binocular Night Vision Goggle system that consists of a high-performance, white phosphor image intensifier binocular, a modular uncooled thermal imaging sensor, and a common external power supply – providing Marines improved mobility and situational awareness during night operations.

 

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of September 30, 2024 approximately $1.7 billion in revenues and an order backlog of approximately $22.1 billion.

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Company Contact: 

Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella L. Finn, VP Investor Relations
Tel: +972 54 4262636
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com