Elbit Systems of America Awarded a $44.8 Million United States Marine Corps Contract for the Ongoing Depot Level Service and Support of the AH-1W Super Cobra Helicopter's Night Targeting System (NTS)
FORT WORTH, Texas, September 25, 2013 /PRNewswire/ --
Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems Ltd., has been awarded a $44.8M Indefinite Delivery/Indefinite Quantity (IDIQ) contract for the ongoing depot level service and support of the US Marine Corps AH-1W Super Cobra Helicopter's Night Targeting System (NTS). Elbit Systems of America's Merrimack facility received the contract for services and support to be performed over the next five years. Separate delivery orders will be issued to satisfy each year's requirements of the nine weapons replaceable assemblies (WRA) that make up the NTS.
"The award is representative of more than 20 years of successful performance and customer satisfaction on both the NTS and successor NTS Upgrade (NTSU) programs," stated Elbit Systems of America President and CEO Raanan Horowitz. "Our mission is to provide systems and services that protect and save lives. We look forward to the opportunity to provide rapid, quality support for our men and women in uniform."
The Elbit Systems of America Merrimack facility was initially designated as the repair depot in 1992. It has provided continuous product support for NTS WRAs returned from each worldwide deployment location, supporting high levels of availability and turn-around time. To best support the USMC fleet readiness and operational capability, the NTS product support team continues to provide regular meetings with the fleet, on-call squadron level support, and training of customer technicians.
About Elbit Systems of America, LLC
Elbit Systems of America is a leading provider of high performance products and system solutions focusing on the commercial aviation, defense, homeland security, 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 and TASE: ESLT), a global electronics company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: http://www.elbitsystems-us.com.
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 military and commercial 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.
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 © 2013 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.
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SOURCE Elbit Systems of America