Elbit Systems to Supply the Polish Ministry of National Defense With Multi-Sensor Monitoring and Surveillance Systems

The Systems will be Provided by a Consortium led by Elbit Systems and the Polish Military Communication Institute

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Dec 20, 2010, 03:42 ET

HAIFA, Israel, December 20, 2010 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("ESLT") announced today that it was awarded a contract valued at approximately $16 million from the Polish Ministry of National Defense to supply mobile multi-sensor monitoring and surveillance systems for the Polish Army. The project is scheduled to be completed in the next year.

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According to the contract, a consortium composed of Elbit Systems Land and C4I-Tadiran and the Polish Military Communication Institute, will provide a variety of sensors to be deployed onboard a ROSOMAK 8X8 vehicle. The systems onboard the vehicle will be comprised of a variety of visual payloads, TV, thermal vision systems, motion detection battlefield surveillance radar unit, encrypted communications systems, as well as an unmanned aircraft system (UAS) system. The project will be performed in cooperation with the local Polish industries.

Bezhalel (Butzi) Machlis, General Manager of Elbit Systems Land and C4I - Tadiran, noted: "We are very proud to be selected to perform this technologically advanced project for the Polish Army in cooperation with the Military Communication Institute. Offering innovative end-to-end surveillance capabilities, we are able to provide our customers with cutting-edge Intelligence solutions, and we hope this project will be followed by further projects in Poland and in other countries as well."

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.

    Company Contact:
    Joseph Gaspar, Executive VP & CFO
    Dalia Rosen, VP & Head of Corporate Communications
    Elbit Systems Ltd
    Tel: +972-4-8316663
    Fax: +972-4-8316944
    E-mail: [email protected]
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    IR Contact:
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SOURCE Elbit Systems Ltd