Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won Israeli Ministry of Defense (IMOD) contracts worth a total of approximately $117 million, for the supply of Command, Control, Computer, Communications and Intelligence (C4I) systems and communications systems. Most of the contracts will be performed over six-year period.
Under the contracts, Elbit Systems will develop the next generation of Digital Army Project (DAP), a master program that computerizes all operations in the land forces, connecting all field and command echelons into a central data transfer network. Elbit Systems will also develop, upgrade and supply communications systems and wide band radio systems, and will provide logistic support and maintenance for these systems.
Elbit Systems president and CEO Bezhalel (Butzi) Machlis said, “The new contracts attest to the customer’s satisfaction from our systems’ past performance. Being awarded contracts for next generation DAP and communications systems, based on advanced Command and Control and communications capabilities, further strengthens our position as world leaders in this field.”
Published by Globes [online], Israel business news - www.globes-online.com - on January 15, 2015
© Copyright of Globes Publisher Itonut (1983) Ltd. 2015