Published On: Wed, Jan 14th, 2015

Elbit Gets New $54 Million Contract From Israeli Government

Elbit’s Guardium unmanned security vehicle

Israeli defense electronics company Elbit Systems Ltd. announced that it was awarded contracts by the Israeli Ministry of Defense (IMOD), totaling approximately $54 million, for the supply and maintenance of advanced electro-optics (EO) systems, to be performed by Elbit Systems Electro-optics Elop Ltd. (“Elop”), a global leader in the field of electro-optics, over a six-year period.

Adi Dar, Elop’s General Manager, commented, “We are proud to be awarded these contracts, attesting to the company’s technological capabilities that led to the development of these systems. This is the result of our continuous efforts and investments in research and development.”

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.

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