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Elbit Systems wins $78 million contract in Europe

The contract from a European country is for an Unmanned Aircraft System-based intelligence solution.

unmanned air systems Hermes UAV

 

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.

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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.”

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