Search Results for: Elbit Systems

Elbit Systems Lands $100M Contract From Israeli Defense Ministry for Software-Based Radios

Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to support high-security network services. “We are very proud of this award, reinforcing …

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Elbit Systems’ US Subsidiary to Provide Army Fire Control Systems Under $102M Contract

The U.S. Army has awarded Elbit Systems‘ U.S. subsidiary a one-year, $102 million firm-fixed-price contract to produce fire control systems for the service branch’s mortar and fielding activity. Elbit Systems of America will perform work through Dec. 31, 2017, the Defense Department said Thursday. The Army Contracting Command received one bid for the contract via …

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Retired Air Force Gen. Duncan McNabb Joins Board of Elbit Systems’ US Arm

Duncan McNabb, a retired U.S. Air Force general and former commander of the U.S. Transportation Command, has joined the board of directors of Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary. He will join six other outside directors led by Robert Magnus,  chairman of the board at Elbit Systems of America and a retired U.S. Marine Corps …

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Elbit Systems’ US Arm Awarded $103M Army Mortar Production IDIQ

The U.S. Army has awarded a five-year, $103 million indefinite-delivery/indefinite-quantity contract to Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary for the production of mortar weapon systems. Elbit Systems of America has also received an initial purchase order from the military service, the company said Wednesday. Raanan Horowitz, president and CEO of Elbit Systems of …

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Elbit Systems’ EFW Unit Wins $103M Army Contract for Mortar Weapon Systems

A business unit of Elbit Systems (Nasdaq: ESLT) has won a potential five-year, $103 million contract to manufacture 60mm, 81mm and 120mm mortar weapon systems for the U.S. Army. The Defense Department said Wednesday Elbit Systems unit EFW will perform work under the firm-fixed-price contract through Sept. 13, 2021. The Army Contracting Command received three …

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Elbit Systems Lands $90M Contract to Provide APAC Country Electro-Optic Sensor Tech

Elbit Systems (Nasdaq: ESLT) has received a potential four-year, $90 million contract to supply an Asia-Pacific country with SPECTRO XR electro-optic systems. Bezhalel Machlis, president and CEO of Elbit Systems, said in a statement released Sunday the contract seeks to demonstrate the company’s efforts to develop new systems designed to meet customers’ requirements. SPECTRO XR …

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Poland Plans Purchase of UAVs From General Atomics or Elbit Systems

TYSONS CORNER, VA, April 11, 2016 — Poland is planning to purchase long-endurance unmanned aerial vehicles either from Israel’s Elbit Systems or the U.S. company General Atomics, ExecutiveBiz reported Friday. Defense News reported Friday Poland’s military is considering the MQ-9 Reaper, MQ-1C Gray Eagle or Hermes 900 under its Zefir program, which seeks to …

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Elbit Systems Lands $200M Reconnaissance UAV Supply Contract With Switzerland

Elbit Systems (Nasdaq: ESLT) has received a potential four-year, $200 million contract to supply the Swiss air force with Hermes 900 Heavy Fuel Engine unmanned aerial systems. The contract awarded by Switzerland’s defense, civil protection and sport department also covers the provision of a land-based segment for command, communications and …

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Elbit Systems Closes Buy of Nice Systems’ Cyber, Intell Division

Elbit Systems (Nasdaq: ESLT) has wrapped up its purchase of Nice Systems’ cyber and intelligence division for an undisclosed amount. Cyberbit Ltd, an Elbit Systems subsidiary, bought the business, Elbit said Wednesday. Elbit formed Cyberbit to integrate the parent company’s cyber intelligence and security activities.

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Raanan Horowitz: Elbit Systems to Build Laser Range Finders for Marine Corps

Elbit Systems of America has been awarded a potential $73.4 million contract from the U.S. Marine Corps to manufacture a laser-based rugged technology for measuring distance to targets. The company said Sunday it received an initial $7.5 million order under the Common Laser Range Finder-Integrated Capability program. Raanan Horowitz, president …

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