Elbit Systems unit wins $30m Australian contract

Elbit Systems sights

The contract is for the supply of XACTth65 thermal weapon sights.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) announced today that its Australian subsidiary Elbit Systems of Australia Pty Ltd (ELSA) has been was awarded a contract worth approximately $30 million (about 40 million Australian dollars) by the Department of Defence of the Commonwealth of Australia. The contract is for the supply of XACTth65 sights, a member of the Elbit Systems thermal weapon sight product family.

Elbit says that this is a ground-breaking product, recognized as the category leader for its very small size, light weight (only 450 grams) and its full tactical and high performance during day and night operations.

The contract, which is a part of project Land 125 phase 3c, will be performed over a two-year period.

Elbit Systems is already supplying the Australian Defence Forces with command, control and communications systems (BGC3), and is in the process of integrating those systems with various sensors.

Elbit Systems president and CEO Bezhalel (Butzi) Machlis said, “Australia is a very important market for Elbit Systems, and we are very proud to be awarded this contract, bringing this new capability and introducing technologically advanced, battle proven and networked solutions to the Australian Defence Force. As the prime systems integrator for the Battle Management System, we hope to integrate the new thermal weapon sight into the C4I system and we hope we can supply even more ISTAR capabilities that will be implemented in the system.”

Published by Globes [online], Israel business news - www.globes-online.com - on April 19, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

Elbit Systems sights
Elbit Systems sights
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