Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems, has been selected for award by the U.S. Army ACC-APG, Natick Contracting Division on behalf of the Small Unmanned Aircraft System (SUAS) Product Office.
Elbit Systems of America was selected with four other companies to provide the full spectrum of SUAS products.
The scope of the award includes providing support and capability upgrades to current systems fielded by the U.S. Army including the RQ-11B Raven and the RQ-20A Puma. In addition, the customer has the option to procure from Elbit Systems of America the Skylark® I-LE Block II as an alternative Medium and Long-Range SUAS to meet anticipated future requirements.
Although this is a selection for award, the customer has no definitive purchasing obligation. The total aggregate potential value of all delivery orders to be awarded to all five companies under this award is $248M.
"The innovative solutions found in the Skylark® I-LE Block II offer more mission flexibility, enabling the Skylark to fly higher without degradation of imagery. These discriminating capabilities are designed to meet the military challenges of today and in the future," stated Elbit Systems of America President and CEO, Raanan Horowitz. "Our mission is to provide solutions that protect and save lives. The Skylark® I-LE Block II is designed to meet the needs of our warfighters so they may successfully complete their missions."
Source: Elbit Systems Ltd.
Date: Jan 16, 2013