Elbit Systems to upgrade AFV armoured fighting vehicle of an Asian customer with optronics 2003132
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Defence Industry News - Elbit Systems
|Wednesday, March 20, 2013, 10:04 AM|
|Elbit Systems to upgrade AFV armoured fighting vehicle of an Asian customer with optronics.|
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that its wholly-owned subsidiary, Elbit Systems Electro-optics Elop Ltd. ("Elop"), was awarded an approximately $80 million contract to upgrade Armored Fighting Vehicles (AFV) of an Asian customer (the "Program"). The Program will be performed over a two-year period.
As a market leader for decades, Elbit Systems Electro-optics – Elop comprehensive range of electro-optic solutions meets the operational needs and challenges of a wide variety of forces and scenarios.
Under the Program, Elop will integrate advanced systems for enhanced effectiveness (including for night operations) of the weapon systems installed onboard the AFV.
Adi Dar, General Manager of Elop, commented: “We are very proud of this award, further attesting to our unique capabilities in AFV upgrades and our recognition as world leaders, based on our past performance in this field".