Another International Success for Elbit Systems Unmanned Aircraft Systems: Elbit Systems to Supply a Latin American Customer with Hermes® 900 and Hermes® 450 UAS for Tens of Millions of Dollars

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Aug 05, 2012, 04:56 ET

HAIFA, Israel, August 5, 2012 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ and TASE: ESLT ("Elbit Systems"), announced today that it was awarded a contract valued at many tens of millions of dollars, to supply a Latin American customer with a mixed fleet of Hermes^® 900 and Hermes^® 450 Unmanned Aircraft Systems (UAS). The contract will be performed over the next two years.

The contract includes Universal Ground Control Stations (UGCS) and a variety of payloads and capabilities including: the Electro-Optics Elop Division's advanced payloads systems, the Elisra Division's intelligence COMINT systems, SAR/MPR multi mode radar and additional sensors.

-Elad Aharonson, Elbit Systems UAS Division General Manager commented: "We are proud of the customer's decision to acquire a combined array of Hermes® 450 and Hermes® 900, joining several other Hermes® 900 customers, including the Israeli Defense Forces.". Aharonson added: "Hermes® 900 is well positioned as a world-leading UAS, suitable for a wide variety of missions, from intelligence gathering, to perimeter and security missions. The unique capability of joint operation with the Hermes® 450 offers seamless integration for existing users, further enhancing operational flexibility and cost effectiveness and eliminating the need for additional infrastructure or special training programs".

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios.-The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.

For additional information, visit: http://www.elbitsystems.com.

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Contacts:

Company Contact:

Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
[email protected]

Dalia Rosen, VP, Head of Corporate Communications
Tel: +972-4-8316784
[email protected]
Elbit Systems Ltd.

IR Contact:

Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
e-mail: [email protected]