Le Lézard
Classified in: Business
Subject: CON

Elbit Systems of America Awarded $49 Million Contract to Supply Night Vision Systems for the U.S. Marine Corps


HAIFA, Israel, May 16, 2022 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today that its U.S. subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America"), was awarded a delivery order valued at $49 million for the supply of Squad Binocular Night Vision Goggle ("SBNVG") systems to the U.S. Marines Corps. The order will be executed in Roanoke, Virginia and will be supplied through September 2023.

This additional order is part of a $249 million five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract from September 6, 2019.

The SBNVG is a lightweight helmet-mounted system that provides superior nighttime viewing in various environments and conditions, improving warfighter situational awareness and performance. The system includes an enhanced battery life and high-performing white phosphor image intensification tubes for improved clarity and depth perception.

Raanan Horowitz, President and CEO of Elbit Systems of America, said: "This recent order for additional Squad Binocular Night Vision Goggles signifies that Elbit Systems of America is a partner of choice by the U.S. Marine Corps. We are honored that Marines are equipped with our night vision solutions and we are committed to continuing to provide our warfighters with the very best technology we have to offer." 

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels. 

Company Contacts:

Joseph GasparSenior EVP ? Business Management 
Tel:  +972-77-2948661 
[email protected]

Dr. Yaacov (Kobi) Kagan, EVP & Chief Financial Officer 
Tel:  +972-77-2946663
[email protected]

Rami Myerson, Director, Investor Relations 
Tel: +972-77-2948984 
[email protected]

David Vaaknin, VP, Head of Corporate Communications 
Tel: +972-77-2946691 
[email protected] 

IR Contact:

Ehud Helft 
Kenny Green 
GK Investor Relations  
Tel: 1-646-201-9246 
[email protected]

This press release may contain forward?looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. 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, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business.  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; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; 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. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. 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.


These press releases may also interest you

at 15:22
The founders of Country Roads RV Center are pleased to announce their current sales, promotions and updates for June, 2022.  To learn more about Country Roads and check out their latest news, please...

at 11:08
Corsicana Mattress Company and certain of its affiliated entities filed for voluntary reorganization today under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas in Fort Worth. The filing indicated that Corsicana will be...

at 09:52
Canadians deserve high-quality and efficient government services that are accessible, timely, and make their lives easier. The delays in immigration application and passport processing are unacceptable and the Government of Canada is urgently working...

at 07:00
Note: All times local Kigali, Rwanda Private meetings 8:00 a.m. The Prime Minister will participate in an intergenerational dialogue breakfast with Commonwealth youth leaders. Kigali Convention Centre Note for media: Pooled coverage9:00 a.m. The...

at 06:15
Using Verv, business customers in Europe can open a digital bank account with its unique IBAN ? International Bank Account Number ? for standardised banking services worldwide. This is the international equivalent of Australia's BSB system but on a...

at 04:25
The San Francisco Deputy Sheriffs' Association wrote a letter to San Francisco Mayor London Breed and requested that she intervene to force the San Francisco Sheriff's Office to increase hiring. SFDSA President Ken Lomba stated, "We have been...



News published on 16 may 2022 at 03:28 and distributed by: