Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that its subsidiary, Elbit Systems UK Ltd. (“Elbit Systems UK”), was awarded an initial contract of circa £10 million (approximately US$13 million) and a potential maximum value of £40 million, from the UK Ministry of Defence (“MoD”) to provide the MORPHEUS Battlefield Management Application (“BMA”). The initial contract will be performed over a three-year period.
Under the contract Elbit Systems UK will provide the British Army with an operationally proven battle management application for both headquarters and tactical units, based on TORC2 H™, Elbit Systems’ command and control platform that has been delivered to many customers worldwide, including to the Australian Defence Forces as part of its Land 200 Tranche 2 battle management system.
Martin Fausset, CEO of Elbit Systems UK, commented: “We are proud to have been selected by the UK MoD to supply the MORPHEUS BMA providing a valuable capability for the British Army. In doing so we will be bringing Elbit Systems’ operationally proven capability and technological edge into the UK, adapting it for use and delivering it together with our local partners.”
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.
