HAIFA, Israel, December 17, 2020 / PRNewswire / – Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or “the Company”) announced today, in addition to the Company’s report from October 29th, 2019, that was issued around $ 338 million contract with the Swiss Federal Department of Defense, Civil Defense and Sport, to provide a network solution for the Swiss Armed Forces throughout the army under the Armed Forces Telecommunications Armed Forces (TK A) digitization program, Ersa. mob Komm. The contract will be completed over six years.
This contract award follows more than three years of extensive and competitive technical as well as field assessments conducted by the Federal Office for Defense Procurement and the Swiss Armed Forces. The available digital mobile network solution is based on the E-LynX™ family of SDR open architecture, enabling fast, reliable and secure communication across the Swiss Armed Forces.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, he said: “Switzerland as a strategic market for us, and we will continue our efforts to support the Swiss Armed Forces and to expand our cooperation with the Swiss industry. This contract award reinforces the growing recognition by the European Armed Forces of the E-LynX mobile SDR solution as the best enabler for advanced mobile networks and digitization. ”
About Elbit systems
Tha Elbit Systems Ltd. is an international high-tech company engaged in a wide range of defense, homeland security and commercial programs around the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the fields of aerospace, terrestrial and naval systems, command, control, communications, computing, intelligence analysis and reconnaissance (“C4ISR”). ), unmanned aerial systems, advanced electro-optics, electro-optic space systems, EW chambers, signal information systems, data connections and communications systems, radios, cyber-based systems and weapons. The Company will also focus on modernizing existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training systems. and imitations.
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Joseph Gaspar, Government VP & CFO
Rami Myerson, Director, Investment Relations
David Vaaknin, VP, Head of Corporate Communications
GK investment relationships
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