Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract by the Finnish Army, to supply advanced dismounted soldier systems, in the first phase of a comprehensive ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) program. The initial award is not in an amount that is material to Elbit Systems.
The solution offered by Elbit Systems includes enhanced observation soldier equipment (MARS), comprehensive situation awareness software, cutting edge combat soldier wearable radio (PNR1000) and computer systems intended to enhance the operational capabilities of the Finnish Army in the areas of reconnaissance, terrain dominance and dismounted soldiers. It will also support the Finnish Army in developing new combat --doctrines, and as a basis for developing its future forward observation program.
Bezhalel (Butzi) Machlis, General Manager of Elbit Systems' Land and C4I Division, commented: "We are proud that Finland, a NATO Partner of Peace, has selected our systems following a rigorous competition, including field testing in Lapland. This win affirms yet again our leadership as a supplier of advanced solutions for soldier systems."
Source: Elbit Systems Ltd.
Date: May 28, 2012