Elbit Systems Ltd. News - Press Release Category: Defence
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Elbit Receives $127 M for Advanced Communications Solutions
(Haifa, Israel, May 5, 2008) -- Elbit Systems Ltd. (NASDAQ:ESLT) announced that its wholly-owned subsidiary, Tadiran Communications Ltd, received a $127 million contract to supply tactical communications radio equipment and systems from a European customer. The systems include high frequency (HF) and very high frequency (VHF) tactical radio equipment designed for use by ground forces for data transfer and voice communications. The project will be performed over a 17-month period.
Joseph Ackerman, President and CEO of Elbit Systems said: "This contract reflects the Company's leadership as a C4I and radio solutions provider and attests to the quality of our products, services and on-going support. We are looking forward to further business in this line of communications systems."
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Elbit Systems Ltd.
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