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Elbit Systems Awarded 3 Contracts Valued at $163 M for Integrated Land Systems

Category: Defence Industry

Haifa, Israel -- Elbit Systems Ltd. announced it has been awarded three contracts valued at a total amount of $163 million for the supply of tank and artillery systems upgrades for customers in three Asian countries.

The projects include upgrading of Fire Control and Command & Control systems for tanks and artillery systems. The various programs covered by the contracts are scheduled to be performed through 2009.

Joseph Ackerman, President and CEO of Elbit Systems, said "Recent land systems orders announced by the company, including the sale of turrets to Romania and Slovenia, positions Elbit Systems as one of the leading companies in the field of land systems. Our strong technological infrastructure and know-how, accumulated experience and the synergy of the wide range of activities performed by the companies and divisions of the Elbit Systems Group enables us to provide our customers with unique solutions delivering significant added value which distinguishes us from the competition. I believe the new orders will serve as a springboard for additional orders from these customers and other customers worldwide".

Elbit Systems Ltd.
07.08.2007

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Elbit Systems Ltd.

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