Elbit Systems awarded Israel Ministry of Defense order to develop advanced UAS features 2701132

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Defence Industry News - Elbit Systems
 
 
Sunday, January 27, 2013, 11:55 AM
 
Elbit Systems awarded Israel Ministry of Defense order to develop advanced UAS features.
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (the "Company") announced today that it has received an approximately $35 million contract from the Israel Ministry of Defense ("IMOD") for the development of advanced features for Unmanned Aircraft Systems (“UAS”) to be supplied within three years. One of the mission requirements is the quick re-configuration of the UAS’ payloads.
     
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (the "Company") announced today that it has received an approximately $35 million contract from the Israel Ministry of Defense ("IMOD") for the development of advanced features for Unmanned Aircraft Systems (“UAS”) to be supplied within three years. One of the mission requirements is the quick re-configuration of the UAS’ payloads.
IDF (Israel Defence Forces) Hermes 900 UAS Unmanned Aerial System
     

The contract is in addition to contracts, awarded by the IMOD, for the supply of Hermes® 900 UAS and maintenance services that were announced by the Company in 2012.

Elad Aharonson, General Manager of Elbit Systems’ UAS Division, commented: “The IMOD’s decision to award this development contract reflects the trust and recognition of our technological capabilities and further strengthens our long-term strategic cooperation with the Israel Defense Forces (“IDF”) in the UAS field. The Hermes® 900 is a world-leading UAS, and we are proud of the IMOD’s decision to procure further systems and advanced capabilities.”