Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that its subsidiary in the U.S., Elbit Systems of America LLC, ("Elbit Systems of America") was awarded an initial $5 million contract from Support Systems Associates, Inc. ("SSAI") to provide an avionics refresh for the U.S. Air National Guard's fixed-wing aircraft used for Intelligence, Surveillance and Reconnaissance operations – the RC-26B. If all options are exercised, the total contract would be valued at $22 million. The program will be performed by 2021 from San Antonio, Texas.
The contract with SSAI will include avionics engineering, design, integration, modification, test and maintenance for the technically advanced aircraft. Elbit Systems of America, through type certificate ownership, is the original equipment manufacturer of the RC-26B aircraft.
Raanan Horowitz, President and CEO of Elbit Systems of America, said: "The U.S. Air National Guard can trust Elbit Systems of America to keep their aircraft mission ready. We are committed to delivering advanced avionics that modernize the RC-26B aircraft and enhances its relevance and sustainability."
Source: Elbit Systems Ltd.
Date: Feb 4, 2019