Elbit Systems Awarded Contracts to Supply Laser DIRCM Systems to Countries in Asia-Pacific


Released on Monday, February 10, 2020
J-MUSIC
DIRCM - Directional InfraRed CounterMeasure
ISTAR - Intelligence, Surveillance, Target Acquisition, and Reconnaissance
MRTT - Multi-Role Tanker Transport
NATO - North Atlantic Treaty Organization
Haifa, Israel, February 10, 2020 - Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems" or "the Company") announced today that it was awarded contracts worth approximately $136 million to provide customers in Asia-Pacific with airborne laser Direct Infra-Red Counter Measure (DIRCM) systems. The contracts will be performed over a four-year period.

Under the contracts, Elbit Systems will equip fleets of Airbus and Boeing aircraft with DIRCM systems from the MUSICTM family, including the Company's infra-red missile warning systems. These contract awards follow recent awards to install DIRCM systems onboard Airbus A400 aircraft of the German Air Force and onboard NATO's Airbus A330 Multinational Multi-Role Tanker Transport (MRTT) fleet.

Elad Aharonson, Executive Vice President and General Manager of Elbit Systems ISTAR Division, commented: "I believe that the recent string of contract awards, by a range of customers, to provide our mature DIRCM systems is a strong testament to the leading position we hold in this area."

Source: Elbit Systems Awarded Contracts Worth $136 million to Supply Laser DIRCM Systems to Countries in Asia-Pacific

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