Elbit Systems Awarded a $200 Million Contract to Supply Helicopter Self-Protection Suits to a Country in Asia-Pacific

 

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract valued at approximately $200 million to supply Electronic Warfare and airborne laser technologies to protect military helicopters of a country in Asia-Pacific. The contract will be executed over a four-year period.

Under the contract, Elbit Systems will supply self-protection suites comprised of the Infra-Red Passive Airborne Warning Systems (PAWS IR) and the Mini-MUSIC Direct Infra-Red Counter Measure (DIRCM) Systems. These protection suites are designed to increase survivability and mission effectiveness of helicopters in arenas threatened by shoulder-fired heat seeking anti-aircraft missiles. The protection suites to be supplied will be installed aboard both attack and utility helicopters.

MUSIC DIRCM systems have been selected to-date by numerous customers across the globe.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systemscommented: “There is an increasing demand across the globe for airborne protection solutions as aircraft, particularly helicopters, face a growing threat from anti-aircraft missiles. Our portfolio of sophisticated yet mature capabilities position us well to address this growing need.”

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