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Elbit to Supply UAV Systems to a European Country
(Haifa, Israel, July 7, 2008) -- Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded a contract valued at approximately $20 million to supply Hermes(r) 450 UAV Systems to a European country. The systems include both air vehicles as well as complementing ground systems, to be delivered during 2009.
Hermes(r) 450 is a unique Elbit Systems development, which has been the major player in Israel's security activities, and the IDF's primary UAV system. In addition, the Hermes(r) 450 is the basis for the UK Armed Forces' Watchkeeper program, the largest UAV program in Europe. Hermes(r) 450 UAVs are used extensively in armies worldwide, including active war zones such as Iraq and Afghanistan. So far, the Hermes(r) 450 has accumulated over 100,000 operational flight hours.
Haim Kellerman, General Manager of Elbit Systems UAS Division said: "The new order is yet another link in the chain of successes in the marketing of the Hermes(r) 450, building on the level of maturity the system has achieved. The Hermes(r) 450 has well proved its capabilities and reliability over many years of operational performance," He added, "In light of the current high demand for the Hermes(r) 450, and specifically the requirement for speedy delivery for operational needs, Elbit Systems' UAV Division is prepared to meet the full range of customers' demands."
Source :
Elbit Systems Ltd.
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