Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the company") announced today that it was awarded a contract valued at approximately $80 million to upgrade tanks and supply radio systems for an Army of a country in South East Asia. The contract will be performed over a period of 32 months.
Under the contract, the company will supply Fire Control Systems and Electric Gun and Turret Drive Systems for tanks and advanced radio systems from the E-LynX family in several configurations, including hand-held and man-packed radios for infantry soldiers and vehicular radios for Armored Fighting Vehicles.
Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "We are pleased to be able to leverage our diverse portfolio of operationally proven systems to continue to provide technologically and economically advantageous support for customer's upgrade requirements."
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