19-May-2014 Source: Elbit Systems
Elbit Systems Ltd. (nasdaq and tase:ESLT) (“Elbit Systems”) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC (“Elbit Systems of America”), has been awarded two contracts, totaling $20.1 million, to support the U.S. upgrade of the U.S. Marine Corps’ Bell AH-1W attack helicopter fleet.
The first contract, in the amount of $11.6 million, calls for Elbit Systems of America to provide helmet display tracker system (HDTS) kits on the aircraft. The HDTS significantly improves flight safety by providing crew members greater situational awareness with enhanced night vision, weapons sighting and weapons control capabilities. The contract will be performed over a two-year period.
The second contract, in the amount of $8.5 million, will add tactical video data link (TVDL) technology to the helicopters. TVDL provides aircrew information needed to detect, identify and quickly respond to threats. The information can be received via on-board sensors or from external sources such as ground troops or other aircraft. The contract will be performed over a fifteen months period.
“The HDTS and TVDL are two more technologies Elbit Systems of America is deploying with the singular end result of saving lives”, said Elbit Systems of America President and CEO Raanan Horowitz. “The AH-1W is on the front lines in the battle against those who wish to harm America. These new technologies give our Marines capabilities and a level of safety never before experienced”.
About Elbit Systems
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, signal intelligence (“SIGINT”) systems, data links and 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, including training and simulation systems.