Elbit Systems: $ 338 million contract for the Swiss Army – Capital Market


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The Dual (NYSE: ESLT) reports winning a $ 338 million contract with the Swiss Ministry of Defense to provide the state military with a mobile tactical radio network solution across the Army, as part of the Army Communications Digitization Program (TK A) Ersa mob Komm . The contract is for 6 years.

According to the company, this is a success that comes after more than three years of technical and field exams, under laboratory and field conditions, by the Purchasing Manager at the Ministry of Defense and the Swiss Army. The digital mobile network solution that will be provided is based on the E-LynXTM open source software family of radio software, enabling fast, reliable and secure communication.

E-LynX technology for digital military communications enables broadband communications for fast video transmission, text and voice, using lightweight and rugged end devices and an intuitive user interface.

Bezalel (Muddy) Machlis, President and CEO of Elbit Systems, stated: “Switzerland is a strategic target market for us and we will continue our efforts to support the Swiss army and expand our cooperation with the Swiss industry. “Winning this contract highlights the growing recognition among European armies of the E-LynX mobile software radio solution as a favorite for advanced mobile military networks and digitization.”

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