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Monday, March 15, 2010

Elbit to Supply Korea With Airborne EW Suites Valued Over $25 M

Published on ASDNews: Mar 18, 2009
(Bene Berak, Israel, March 17, 2009) -- Elbit Systems (NASDAQ: ESLT) announced today that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a contract valued over $25 million to supply the Korean Government with Airborne Electronic Warfare (EW) Suites for its ROKAF C-130 transporters. The advanced and integrative EW suite includes protection systems against various radar-guided and heat-guided missile types.

Elisra CEO, Itzhak Gat, said that the selection of Elisra's systems by the Republic of Korea, for the second time recently attests to the high level of customer satisfaction and confidence in the company's products. Gat added that the contracts are additional evidence of Elisra's recognition for its technological leadership in the EW field.

Source : Elbit Systems Ltd. - click here for more information

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