Showing posts with label Elbit. Show all posts
Showing posts with label Elbit. Show all posts

Thursday, September 8, 2011

DTN News - ISRAELI DEFENSE NEWS: Elbit Successfully Completed Customer Acceptance Tests Of First 30mm Unmanned Turret Supplied To The Brazilian Army

Asian Defense News:
DTN News - ISRAELI DEFENSE NEWS: Elbit Systems Successfully Completed Customer Acceptance Tests Of First 30mm Unmanned Turret Supplied To The Brazilian Army
(NSI News Source Info) TORONTO, Canada - September 8, 2011: Haifa, Israel -- Elbit Systems Ltd. ("ESLT") announced that it has successfully concluded customer acceptance tests of first 30mm unmanned turret UT30BR, integrated into the Brazilian IVECO 6X6 Guarani vehicle.

The unmanned turret was fielded at CAEx (the Brazilian Army's Marambaia testing facility in Rio de Janeiro), testing all its operational functions as well as firing both static and moving targets. The tests were successfully completed, complying to all requirements and to the customer's full satisfaction.

In 2009, after a bid between world leading turrets manufacturers, Elbit Systems was selected to supply unmanned turrets to the Brazilian Army's Land Forces. This multi-year program holds great potential to the company in terms of future procurement.

Earlier this year (2011), Elbit Systems' Brazilian subsidiary, AEL SISTEMAS SA, ("AEL") was awarded a framework contract, for the supply of UT30BR 30 mm Unmanned Turrets to the Brazilian Army’s Land Forces, as part of the Guarani Project.
Elbit Systems' unmanned turret is a complete system, incorporating a 30mm automatic cannon, a 7.62 mm coaxial machine gun, a Laser Warning System (LWS), commander panoramic sight and smoke grenade launchers. In addition to the aforementioned elements, Elbit Systems' unmanned turret is fully dual axis stabilized and combines an automatic target tracker.

The unmanned turret features Elbit Systems' proprietary technology, answering a suitable solution to the asymmetric warfare challenges. The unique design, operated from within the crew compartment without exposure to external hazards, is based on extensive battlefield experience in full scale and low intensity conflicts, and attests to Elbit Systems' leadership in the field of turret and fire control systems.

About Elbit Systems

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, airborne warning systems, ELINT systems, data links and military 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.

For additional information, visit: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. 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 and uncertainties, which are difficult to predict. 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; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; 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. The Company does not undertake to update its forward-looking statements.

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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Wednesday, April 6, 2011

DTN News - DEFENSE NEWS: Elbit Systems Awarded A Contract To Supply Soltam's Artillery Systems

Asian Defense News: DTN News - DEFENSE NEWS: Elbit Systems Awarded A Contract To Supply Soltam's Artillery Systems
(NSI News Source Info) HAIFA, Israel, - April 6, 2011: Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract to supply self-propelled artillery and accompanying systems to an African country. The contract, valued at approximately $24 million, will be performed over the next two years. This is the first contract announcement regarding Soltam Systems Ltd. ("Soltam") since its recent acquisition by Elbit Systems.

The contract calls for the supply of a complete solution, including Soltam's ATMOS self-propelled artillery, command stations, observation and target acquisition systems, as well as fire control and command and control systems. In addition, Elbit Systems will manage the training and maintenance during the project's duration.

Bezalel Machlis, Elbit Systems' Executive Vice President and General Manager - Land and C4I Division, commented: "This new contract highlights the high synergetic value within our various land activities, allowing us to provide our customers with complete unique solutions, from artillery platforms, to target acquisition systems, through to advanced command and control solutions that connect all of the systems." Machlis added: "Our integrative solution, combining Soltam's artillery systems and our range of advanced electronic capabilities, provides a cutting-edge operational solution suitable for the growing trend of a transition to wheeled mobile platforms for artillery."

About Elbit Systems

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, airborne warning systems, ELINT systems, data links and military 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.

For additional information, visit: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. 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 and uncertainties, which are difficult to predict. 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; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; 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. The Company does not undertake to update its forward-looking statements.

    Contacts:

Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
 j.gaspar@elbitsystems.com

Dalia Rosen, VP, Head of Corporate
Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.

IR Contact:

Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
 e-mail: elbitsystems@ccgisrael.com

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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Wednesday, March 16, 2011

DTN News: Elbit Systems, Israel Aerospace Industries Establish Joint Company To Perform Advanced Training Aircraft Project For The Israeli Air Force

Asian Defense News: DTN News - ISRAEL DEFENSE NEWS: Elbit Systems And Israel Aerospace Industries Establish Joint Company To Perform Advanced Training Aircraft Project For The Israeli Air Force
(NSI News Source Info) HAIFA, Israel, - March 16, 2011:

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today the signing of a founder's agreement (the "Agreement") with Israel Aerospace Industries Ltd. ("IAI") to establish a joint company and a limited partnership (collectively the "Joint Entity") to perform a potential project of purchasing and maintenance of advanced training aircraft, as well as additional services (the "Project"), for the Israeli Ministry of Defense (the "MoD").

(Photo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )

The Joint Entity established under the Agreement, will be equally owned (subject to required regulatory approvals), and will supply the MoD with the products and services required for the Project's execution. Certain portions of the Project's work scope will be acquired from IAI and Elbit Systems, respectively, in accordance with a work sharing plan determined by the two sides.

To the best of Elbit Systems' knowledge, the MoD is currently reviewing contractual possibilities with regards to the Project, and in this context has provided to Elbit Systems and IAI a request for information (RFI). It is the intention of the two companies to submit a response to the RFI in the coming days through the Joint Entity.

To the extent that there will be a contract between the Joint Entity and the MoD with regards to the Project, it is expected that its scope will be significant and that it will be performed over a long-term period. In the framework of a contract for the Project, it is also expected that the Joint Entity will seek sources of financing for the establishment of infrastructure and for the operation of the Project, as well as to purchase from aircraft manufacturers and other suppliers the aircraft and additional equipment required for the Project.

It is noted that at the time of this announcement, the Joint Entity and MoD have not yet signed an agreement for the Project and that there is no certainty that an agreement will be signed.

According to the Agreement, the scope of the Project will be divided to the extent possible equally between Elbit Systems and IAI, and if required, balancing arrangements will be established between the two companies.

About Elbit Systems

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, airborne warning systems, ELINT systems, data links and military 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.

For additional information, visit: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. 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 and uncertainties, which are difficult to predict. 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; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; 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. The Company does not undertake to update its forward-looking statements.


*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS
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