Haifa, Israel, March 5, 2019 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems”) announced today that its subsidiary, Elbit Systems of America, LLC (“Elbit Systems of America”) was awarded a five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the United States Army to provide a wide field of view Common Helmet Mounted Display (CHMD) system. The contract which is in an amount that is not material to Elbit Systems will be performed in Fort Worth, Texas, with deliveries starting within 15 months.
This full color CHMD will be part of the U.S. Army’s Air Soldier System, used by helicopter pilots to provide day and night enhanced situational awareness and survivability in all flight conditions. It will be fully-integrated into the Elbit Systems’ Helmet Display and Tracker System used onboard the U.S. Army’s CH-47F Chinook and the UH-60L/M/V Black Hawk fleets.
“Our CHMD provides advanced capabilities for Army pilots,” stated Raanan Horowitz, President and Chief Executive Officer of Elbit Systems of America. “Our solution supports pilots experiencing crisp, clear and accurate symbology, which provides critical information during flight and a decisive edge in mission effectiveness.”
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services, including training and simulation systems.
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