Elbit Systems awarded $30m surveillance system deal

Elbit observation system Photo: PR

The Israeli defense electronics company will supply advanced thermal-imaging observation systems to a country in Europe.

Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) announced today that it has been awarded contracts worth $30 million to supply advanced thermal-imaging observation systems to a country in Europe. The systems will serve all army command levels, from the dismounted soldier to the headquarters command and will be supplied over a one-year period.

Among the systems that are being provided are Long View CR (LVCR) observation systems- (dismounted soldier long-range observation systems that are well suited for target acquisition with day and night capabilities), LOROSS systems- (fixed installation long-range observation systems) and XACT observation systems for dismounted soldier applications.

Elbit Systems ISTAR Division general manager Elad Aharonson said, Observation systems are a vital component of the Intelligence, Surveillance and Reconnaissance (ISR) field. They enable day and night operations under all weather conditions. We are proud to have won these contracts, reaffirming Elbit Systems position as one of the leading providers of advanced ISR solutions, which are highly adaptable to the needs of the contemporary battlefield."

Published by Globes [online], Israel business news - www.globes-online.com - on July 20, 2016

Copyright of Globes Publisher Itonut (1983) Ltd. 2016

 
Elbit observation system Photo: PR
Elbit observation system Photo: PR
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