HAIFA, Israel, Nov. 10, 2022 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) introduced at present that its subsidiary Elbit Systems UK Ltd. (“Elbit Systems UK”) was awarded a follow-on contract valued at roughly $19 million (roughly £17 million) to provide Night Vision Goggles (NVG) and through-life assist to the British Army. The contract can be executed over a 18-month interval.
Under the contract, Elbit Systems UK will provide the light-weight micro binocular XACT nv33 NVGs in a helmet-mounted configuration. XACT nv33 NVG are designed to allow troops to function successfully in low-light circumstances at a tactical stage, maximizing their mission effectivity in each dismounted and mounted roles. Products from the XACT household are already in operational use with a variety of NATO members together with the Netherlands and Germany.
Martin Fausset, CEO of Elbit Systems UK, mentioned: “This contract award follows the successful and rapid delivery of our night vision goggles to the British military, and builds on our track record of efficiency, our domestic manufacturing capabilities and our proven and cutting-edge equipment.”
About Elbit Systems
Elbit Systems Ltd. is a global excessive know-how firm engaged in a wide selection of protection, homeland safety and industrial applications all through the world. The Company, which incorporates Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval methods, command, management, communications, computer systems, intelligence surveillance and reconnaissance (“C4ISR”), unmanned plane methods, superior electro-optics, electro-optic house methods, EW suites, sign intelligence methods, knowledge hyperlinks and communications methods, radios, cyber-based methods and munitions. The Company additionally focuses on the upgrading of current platforms, growing new applied sciences for protection, homeland safety and industrial purposes and offering a vary of assist companies, together with coaching and simulation methods.
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Company Contacts:
Joseph Gaspar, Senior EVP – Business Management
Tel: +972-77-2948661
[email protected]
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
EK Global IR
Tel: 1-212-378-8040
[email protected]
This press launch might include ahead–trying statements (inside the which means 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) relating to Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements don’t relate to historic or present info. Forward-looking statements are primarily based on administration’s present expectations, estimates, projections and assumptions about future occasions. Forward–trying statements are made pursuant to the protected harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements will not be ensures of future efficiency and contain sure dangers, uncertainties and assumptions about the Company, that are troublesome to predict, together with projections of the Company’s future monetary outcomes, its anticipated development methods and anticipated tendencies in its business. Therefore, precise future outcomes, efficiency and tendencies might differ materially from these ahead–trying statements due to a number of elements, together with, with out limitation: scope and size of buyer contracts; governmental rules and approvals; adjustments in governmental budgeting priorities; basic market, political and financial circumstances in the nations during which the Company operates or sells, together with Israel and the United States amongst others; adjustments in international well being and macro-economic circumstances; variations in anticipated and precise program efficiency, together with the capability to carry out underneath long-term fixed-price contracts; adjustments in the aggressive setting; and the consequence of authorized and/or regulatory proceedings. The elements listed above will not be all-inclusive, and additional info is contained in Elbit Systems Ltd.’s newest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All ahead–trying statements converse solely as of the date of this launch. Although the Company believes the expectations mirrored in the forward-looking statements contained herein are cheap, it can’t assure future outcomes, stage of exercise, efficiency or achievements. Moreover, neither the Company nor another particular person assumes duty for the accuracy and completeness of any of those forward-looking statements. The Company doesn’t undertake to replace its forward-looking statements.
Elbit Systems Ltd., its emblem, model, product, service and course of names showing on this Press Release are the logos or service marks of Elbit Systems Ltd. or its affiliated firms. All different model, product, service and course of names showing are the logos of their respective holders. Reference to or use of a product, service or course of aside from these of Elbit Systems Ltd. doesn’t indicate advice, approval, affiliation or sponsorship of that product, service or course of by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or in any other case any license or proper underneath any patent, copyright, trademark or different mental property proper of Elbit Systems Ltd. or any third occasion, besides as expressly granted herein.
SOURCE Elbit Systems Ltd
