Elbit Awarded a $120M Follow-on Contract to Supply Unmanned Turrets, Weapon Stations and Mortar Systems to the Romanian Armed Forces

Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that its Romanian subsidiary, Elmet International SRL., was awarded a follow-on contract valued at $120 million from General Dynamics European Land Systems (GDELS) to supply unmanned turrets, Remote Controlled Weapon Stations (RCWS) and mortar systems for the ‘Piranha V’ Armored Personnel Carrier (APC) of the Romanian Armed Forces. The work will performed in Romania over a three-year period.

Under the follow-on contract, Elbit Systems will supply UT30 MK2 turrets, RCWS and the SPEAR mortar systems, all fully integrated onboard the GDELS’ ‘Piranha V’ APC. Elbit Systems’ UT30 MK2 is a 30mm unmanned light turret that integrates weapon systems, fire control systems, sensors and display systems for enhanced combat effectiveness, situational awareness and target acquisition capabilities.

The Company’s RCWS is a light weight high accuracy 12.7mm weapon station. The SPEAR is a 120mm computerized autonomous vehicular mortar system. In addition to Romania, Elbit Systems’ turrets, RCWS and mortar systems have been selected to date by dozens of customers across the world including Israel, U.S.A, Denmark, Austria, Belgium, Brazil, and Croatia.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO: “This follow-on contract award is yet another vote of confidence in Elbit Systems’ portfolio of solutions for armoured platforms. I believe that the expansion of our integration and production capacity in Europe strengthens our ability to address the growing demand for advanced and proven capabilities for armoured platforms.”