Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has been awarded two contracts for its MUSIC family of directed infra-red countermeasures (DIRCM) airborne multi-spectral self-protection systems, representing expansion of the customer base in this strategic business area for Elbit Systems.
The first contract is a follow-on contract from an Asian country, to supply its mini MUSIC systems for the customer’s Blackhawk helicopter fleet. This is the second order awarded by this customer this year. The second contract was from a NATO member European country, and calls for the supply of C-MUSIC systems. Both contracts will be performed during 2015 and are in amounts that are not material to Elbit Systems.
Elbit Systems ISTAR Division general manager Elad Aharonson said, "While the Asian customer’s decision to acquire more DIRCM systems for its Blackhawk helicopters attests to the customer’s satisfaction with the previous order, the new contract with the European NATO member country extends the number of platforms that will be equipped with our systems. We see a growing global demand for our DIRCM systems, which we believe address a strategic need for our customers”.
Elbit Systems’ MUSIC family of DIRCM systems are under contract for numerous customers worldwide including the Israeli national program for protection of the commercial fleet for platforms such as the B747, B737, B757, B767, B777 and A320; the Italian Air Force for the C130J, C27J and CSAR AW101; the KC-390 for Embraer and the Brazilian Air Force; the German Air Force’s Airbus A400; Blackhawk helicopters for Asian customers, VIP helicopters and other aircraft.
Published by Globes [online], Israel business news - www.globes-online.com - on August 3, 2015
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