elbit-systems-awarded-a-$95-million-contract-to-supply-canister-configuration-skystriker-loitering-munitions-to-a-european-country

Elbit Systems Awarded a $95 Million Contract to Supply Canister Configuration SkyStriker Loitering Munitions to a European Country

 

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a $95 million contract to supply SkyStriker loitering munitions (LM) to a European country. The contract will be carried out over a period of two years.

As part of the contract Elbit Systems will provide several hundred SkyStriker units.

Elbit Systems’ SkyStriker LM is a fully autonomous loitering munition that can locate, acquire and engage operator designated targets with a warhead of up to 10 Kg, enabling high-precision performance. SkyStriker can be launched from a variety of ground and aerial platforms, including from a dedicated canister on Elbit Systems’ PULS™ (Precise and Universal Launching System) rocket artillery systems.

Equipped with an electrical engine, the SkyStriker enables covert operations of up to 2 hours and with a range of 100km. The system can precisely strike targets while maintaining a “man in the loop” even in GPS and communication denied environments.

The Skystriker can use a number of warhead types and thanks to its modular design, it can be interchanged in the field during pre-flight according to the operational requirement.

Yoram Shmuely, General Manager of Elbit Systems Aerospace“We are pleased to deliver an innovative and effective solution to our cutomers that combines Elbit Systems air and ground solutions. As a covert and agile platform, the SkyStriker loitering munition delivers high performance precision and reliability, providing a mission critical advantage to warfighters on the modern battlefield.”

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