Elbit Awarded $112 M Contract to Provide Airborne Intelligence Systems to an Asia-Pacific Country

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a $112 million contract to supply a country in Asia-Pacific with advanced airborne intelligence systems. The contract will be performed over a six-year period.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, said: "We are pleased to be awarded this contract to supply an intelligence solution that addresses both current and future battlefield requirements. We see a continuous demand for our systems due to our unique capacity to offer comprehensive and agile solutions encompassing platforms, payloads and analysis technologies."

Source: Elbit Systems Ltd.
Date: Dec 3, 2018