Elbit Systems of America Celebrates Opening of New Repair Facility

Facility Located on Logistic Center Woensdrecht, Netherlands Ministry of Defense Avionics Depot

Nov 07, 2011, 05:16 ET from Elbit Systems of America

FORT WORTH, Texas, November 7, 2011 /PRNewswire/ --

Elbit Systems of America, LLC and the Logistic Center Woensdrecht (Netherlands Ministry of Defense) celebrated the official opening of the Elbit Systems of America Avionics Repair facility on the Logistics Center Woensdrecht Avionics Depot in a ceremony at Rhenen, Avionics Cluster the Netherlands.  The presence of this Elbit facility on the Logistics Center depot marks the official beginning of an agreement signed earlier this year and is intended to foster growth of the Logistic Center Woensdrecht and Elbit Systems of America  current support capability for The Royal Netherlands Air Force (RNLAF) and other countries.

The Elbit Systems of America and Logistic Center Woenstrecht partnership is aimed at further improvement of the support of the RNLAF fleet as well as broadening regional Maintenance, Repair and Overhaul (MRO) activities with other OEMs to support military and civilian aircraft in Europe. Elbit Systems of America has entered into the work share supporting RNLAF aircraft and performing third party repairs for F-16s and various other aircraft including helicopters.  An integral part of enhancing regional support for military and civilian aircraft avionics is increased involvement of the Dutch Industry, including Elbit Systems of America's long standing relationship with Daedalus Aviation and a recent teaming agreement between International Enterprises Incorporated, a division of Elbit Systems America and Thales Netherlands.

The Logistic Center Woensdrecht is a defense agency and center of expertise for (air) weapon systems, communication systems and mission support. The Logistic Center Woensdrecht provides logistics, system integration, maintenance, repair, overhaul and upgrade, and supports the operational users and other partners by creating synergy between its technical and logistical expertise, both in the Netherlands and abroad. Elbit Systems of America already provides support to the RNLAF fleet through a combination of Direct Commercial Sales (DCS) and Foreign Military Sales (FMS) contracts.

-"Adding another facet to our relationship with Elbit Systems of America ensures we have an industry leader on our team with highly experienced avionics repair capability and support for our Dutch aircraft" said Air Commodore Peter Ort, Director of the Logistic Center Woensdrecht, Directorate of Materiel Organization, Netherlands Ministry of Defense. "This agreement further improves  the support to the RNLAF and moves us closer to the Dutch government's vision for a 'Maintenance Valley' that provides for a 'one-stop-shop' regional hub to support military and civilian aircraft MRO activities."

Elbit Systems of America President and Chief Executive Officer, Raanan Horowitz, commented, "Elbit Systems of America is pleased to provide support solutions to the RNLAF. Our new location at the LCW will enable us to leverage the tremendous expertise and track record of the depot.  The work performed through this partnership will provide critical mission capability and reliability to our military partners and help grow the Netherlands plan for a regional MRO and center of excellence."

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.

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.


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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.

Contact: Tarrah Ledoux, +1-603-886-2269, tarrah.ledoux@elbitsystems-us.com

SOURCE Elbit Systems of America