CEO - Chief Executive Officer
ISTAR - Intelligence, Surveillance, Target Acquisition, and Reconnaissance
UAS - Unmanned Aircraft System
HAIFA, Israel, November 14, 2018 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems") announced today, that it was awarded a $167 million contract from an Asia-Pacific country to supply a comprehensive aerial Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) solution. The contract will be performed over a 20-month period.
Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "We are witnessing a growing demand for the comprehensive UAS-based ISTAR solutions that we offer as customers increasingly seek wider capabilities in order to effectively and efficiently respond to a broadening range of operational needs. I am optimistic about our growth potential in this area as our extensive portfolio is uniquely aligned with this developing trend."
Source: Elbit Systems Awarded $167 Million Contract to Supply a UAS-based ISTAR Solution to an Asia-Pacific Country
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