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Wednesday, Oct 26, 2016

CYBERBIT, Elbit Systems' Subsidiary, Awarded Contracts Valued at an Approximately $22 M

  • to Supply Intelligence and Cyber Systems to a Customer in Asia-Pacific

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that its subsidiary, CYBERBIT Ltd. "CYBERBIT"), was awarded contracts to supply intelligence and cyber analysis and research systems for a country in Asia-Pacific for an aggregate amout of approximately $22 million. The systems will be supplied over a two- year period.

The systems to be supplied consist of CYBERBIT's WiT™ system, a highly advanced end-to-end intelligence and investigation solution, that supports every stage of the intelligence process, including the collection of the data from multiple sources, databases and sensors, processing of the information, supporting research, analysis and evaluation of the information with advanced analysis tools and disseminating the intelligence to the intended recipient.

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Adi Dar, General Manager of CYBERBIT said: "We are proud to be selected to supply these advanced operational systems, which provide our customers with a significant leap forward in their intelligence analysis and collection capabilities. CYBERBIT is a world leader in the fields of SIGINT (Signal Intelligence) and cyber defense, with cutting edge solutions highly suitable for governmental agencies, large commercial organizations and critical infrastructure sites."

Source : Elbit Systems Ltd. - view original press release

Published on ASDNews: Apr 4, 2016


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