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Elbit US Subsidiary Awarded $54M Enhanced Night Vision Goggle Order for the US Army

Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today, further to the Company’s announcement of October 22, 2020, that its U.S. subsidiary, Elbit Systems of America LLC, (“Elbit Systems of America”), was awarded a second production order in the amount of approximately $54 million to supply Enhanced Night Vision Goggle – Binocular (“ENVG-B”) systems, provide spare parts, logistics support and test equipment for the U.S. Army. The order will be executed in Roanoke, Virginia and will be supplied through February 2023. This order is part of an Other Transaction Authority (“OTA”) contract that could reach a maximum amount of approximately $442 million.

Raanan Horowitz, President and CEO of Elbit Systems of America, said: “Elbit Systems of America’s ENVG-Bs provides warfighters with unprecedented situational awareness during limited visibility conditions, increased lethality through faster target acquisition and other game-changing advantages on the battlefield.”

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Source: Elbit Systems Ltd.
Date: Sep 24, 2021
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