Elbit Awarded a $25M Contract to Supply Communications Systems to Finland

Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems”) announced today that that it was awarded a contract valued at approximately $25 million from the Finnish Ministry of Defence to supply radio communications systems to the Finnish Army. The contract will be executed over a two-year period.

Under the contract, Elbit Systems will supply advanced secured radio communications systems that enable enhanced tactical command and fire control and are backward compatible with analogue radio equipment that is currently in use by the Finnish Army. Military radio communications solutions of Elbit Systems have been selected to-date by several European and NATO countries including Sweden, Germany, Switzerland, The Netherlands, Canada, Spain and others.

Haim Delmar, General Manager of Elbit Systems C4I & Cyber, commented: “I am honoured by the trust placed by the Finnish Defence Ministry in our capabilities. This contract validates the technological and operational advantages offered by our communication products. We look forward to a continued partnership with the Finnish defence forces.”