Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has been awarded a contract from a European country to supply an Unmanned Aircraft System (UAS)-based intelligence solution. The contract is worth some $78 million. It will be performed over a two-year period by Elbit Systems’ ISTAR Division, established a few months months ago through the combination of Elbit Systems’ Electro-optics – Elop and UAS Divisions.
The Elbit Systems solution will consist, among other elements, of AMPS (Advanced Multi-Sensor Payload System) – a multi-sensor electro-optics system capable of long-range visual intelligence for both day and night. The system is adaptable for a large variety of airborne applications and serves as an important building block for the integrated intelligence solution.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Elbit Systems ISTAR Division general manager Elad Aharonson said, “We are proud of this contract award to supply a solution that answers the current and future requirements of the high level intelligence systems’ market. We develop and tailor end-to-end solutions that meet the demands and specific expectations of our customers. I believe that our systematic capabilities, that enable an optimal integration between UAS and our intelligence systems, will enhance our position as a world leader in ISTAR activities resulting in further achievements in the international market.”
