Elbit Systems wins $150 million European infantry systems contract

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Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT)  Thursday announced its subsidiary, Elbit Systems Land and C4I Ltd., was awarded a contract from the Dutch Ministry of Defense, to supply advanced systems for the infantry soldiers in the Benelux countries – Netherlands, Belgium and Luxemburg.

The contract, valued at $150 million, will be performed over a five-year period. Elbit will serve as the program prime contractor and Thales Netherlands B.V will be its main sub-contractor. Other local companies will take part in the project, providing support and immediate response to the customer’s needs.

The Smart Vest, a cutting-edge technological program, is a co-operation between the soldier modernization programs of the Benelux countries. It will provide the ground soldiers with a cutting-edge system that will provide enhanced survivability and safety while increasing capabilities and effectiveness in the digital battlefield.

The Smart Vest program will include wearable and protective systems for the soldier, command and control systems, including advanced audio and data radio systems, specialized displays and C4I capabilities as well as vehicle systems.

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