HAIFA, Israel, April 8, 2014 /PRNewswire/ -- Elbit Systems
Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced
today that it was awarded a contract in the Latin American region,
in an amount of approximately $100
million, for the supply of a Homeland Security (HLS)
solution.
Under the contract, to be performed over an approximately
one-year period, Elbit Systems will supply also a new innovative
intelligence gathering system, considered to be a groundbreaking
operational solution.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems
commented: "We are very proud of this contract award, demonstrating
how the combination of a range of in-house technologies creates a
power multiplier for the benefit of the customer".
About Elbit Systems
Elbit Systems Ltd. is an
international defense electronics company engaged in a wide range
of programs throughout the world. The Company, which includes Elbit
Systems and its subsidiaries, operates in the areas of aerospace,
land and naval systems, command, control, communications,
computers, intelligence surveillance and reconnaissance ("C4ISR"),
unmanned aircraft systems ("UAS"), advanced electro-optics,
electro-optic space systems, EW suites, signal intelligence
("SIGINT") systems, data links and communications systems and
radios. The Company also focuses on the upgrading of existing
military platforms, developing new technologies for defense,
homeland security and commercial aviation applications and
providing a range of support services, including training and
simulation systems.
For additional information, visit: www.elbitsystems.com or
follow us on Twitter.
Contacts:
Company
Contact:
Joseph Gaspar,
Executive VP & CFO
Tel:
+972-4-8316663
j.gaspar@elbitsystems.com
Dalia Rosen,
VP, Head of Corporate Communications
Tel:
+972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems
Ltd.
|
IR
Contact:
Ehud
Helft
Kenny
Green
GK Investor
Relations
Tel:
1-646-201-9246
elbitsystems@gkir.com
|
This press release contains forward‑looking statements (within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended) regarding Elbit Systems Ltd. and/or its subsidiaries
(collectively the Company), to the extent such statements do not
relate to historical or current fact. Forward Looking
Statements are based on management's expectations, estimates,
projections and assumptions. Forward‑looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, as amended. These
statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to
predict. Therefore, actual future results, performance and
trends may differ materially from these forward‑looking statements
due to a variety of factors, including, without limitation: scope
and length of customer contracts; governmental regulations and
approvals; changes in governmental budgeting priorities; general
market, political and economic conditions in the countries in which
the Company operates or sells, including Israel and the
United States among others; differences in anticipated and
actual program performance, including the ability to perform under
long-term fixed-price contracts; and the outcome of legal and/or
regulatory proceedings. The factors listed above are not
all-inclusive, and further information is contained in Elbit
Systems Ltd.'s latest annual report on Form 20-F, which is on file
with the U.S. Securities and Exchange Commission. All
forward‑looking statements speak only as of the date of this
release. The Company does not undertake to update its
forward-looking statements.
Elbit Systems Ltd. , its logo, brand, product, service, and
process names appearing in this Press Release are the trademarks or
service marks of Elbit Systems Ltd. or its affiliated
companies. All other brand, product, service, and process
names appearing are the trademarks of their respective
holders. Reference to or use of a product, service, or
process other than those of Elbit Systems Ltd. does not imply
recommendation, approval, affiliation, or sponsorship of that
product, service, or process by Elbit Systems Ltd. Nothing
contained herein shall be construed as conferring by implication,
estoppel, or otherwise any license or right under any patent,
copyright, trademark, or other intellectual property right of Elbit
Systems Ltd. or any third party, except as expressly granted
herein.
SOURCE Elbit Systems Ltd.