ESLT UK Subsidiary Awarded $38 M Contract From the UK MoD to Supply Joint Fires Synthetic Training Systems (JFST)

Elbit Systems Ltd. (ESLT)announced today that its UK subsidiary, Elbit Systems UK Ltd., ("Elbit Systems UK"), was awarded an approximately $38 million contract from the UK Ministry of Defence ("UK MoD") to supply comprehensive JFST systems to the British Army. The JFST systems will be supplied over a period of two years following which Elbit Systems UK will provide an additional four years of maintenance, technical support and on-site training.

Under this contract, Elbit Systems UK will provide both fixed and mobile systems that are comprised of multiple networked simulators set to train mounted and dismounted Joint Fires teams and Joint Fires Cells. JFST systems will also be supporting exercises for reserve forces and teams deployed at sea, such as those onboard the Royal Navy's Queen Elizabeth Class Aircraft Carrier.

Martin Fausset, CEO of Elbit Systems UK, said: "We are proud to have been selected by the UK MoD to supply the JFST systems, providing a valuable capability for the British Army and delivering an operationally proven capability into the UK, together with our local partners."