Elbit Systems Awarded an Approximately $32M Contract
Elbit Systems (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that its Australian subsidiary, Elbit Systems of Australia Pty Ltd (ELSA), was awarded a contract in the amount of approximately $32 million U.S. dollars (approximately $35 million Australian dollars) to supply the Australian Federal Police (AFP) with an Investigation, Intelligence and Incident Management (IIIM) Solution to be supplied over a four-year period.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "Australia is a very significant market for Elbit Systems, and we are extremely proud to be selected by the AFP to supply these unique capabilities. Considered among the world's most advanced and modern police forces, the AFP's selection reflects the quality and maturity of our Intelligence and Analysis capabilities, in which we are a world leader with proven solutions, highly suitable for law enforcement agencies. We hope that additional customers will follow in selecting our advanced and cutting edge capabilities as their preferred solution in these fields."
BFSI Security Market - Worldwide Forecasts & Analysis (2014 - 2019)
Source : Elbit