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".

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios.

The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services