Elbit Systems of America Awarded Contract to Deliver the Two Color Laser System to Raytheon

FORT WORTH, Texas, Jan. 3, 2019 /PRNewswire/ -- Elbit Systems of America was recently awarded a contract by Raytheon to deliver the Two Color Laser System (TCLS) for the Multi-Spectral Targeting System. The contract will be performed in 2019. TCLS is a production component within the electro-optical surveillance system for multiple military airborne platforms, including unmanned aerial vehicles.

"The Two Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission," said Raanan Horowitz, president and chief executive officer of Elbit Systems of America.

Elbit Systems of America has more than a decade of experience producing diode-pumped laser designators and range finders. TCLS is the next generation of this technology, with reduced size, weight and power requirements. The system offers a laser beam coded for directing laser-guided munitions and a separate laser beam used for eye-safe laser range finding.

"Our company continues to refine laser designator and range finder technology, providing more value to our customers and ease of use to the end-users," said Dr. Amela Wilson, vice president for Sensor and Fire Control Solutions at Elbit Systems of America.

For a quarter of a century, employees of Elbit Systems of America have been entrusted with performing high-quality work knowing that it protects and saves lives. In addition to providing advanced electro-optical and precision targeting solutions, the company also provides situational awareness and information fusion capabilities for our nation's military and commercial pilots and border patrol agents; sustainment and support solutions for aircraft and ground vehicles; and life-saving medical instrumentation technologies.

About Elbit Systems of America, LLC
Elbit Systems of America is a leading provider of high performance products, system solutions, and support services focusing on the defense, homeland security, commercial aviation, and medical instrumentation markets. With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States.  Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT), a global high technology company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: ElbitAmerica.com or follow us on Twitter.

About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. For additional information, visit: www.ElbitAmerica.com or follow us on Twitter.

Trademarks
Elbit Systems of America and other trademarks, service marks and logos are registered or unregistered marks of Elbit Systems of America companies in the United States and in foreign countries. Copyright © 2019 Elbit Systems of America. All rights reserved.

Forward Looking Statement
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.

Media Contact:

Greg Caires
+1-682-286-2299
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Amy Hartley
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SOURCE Elbit Systems of America, LLC

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