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Elbit Systems US Subsidiary Awarded $45.5 Million Contract for Night Targeting System Upgrad Cobra.


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Defense Industry News Elbit Systems of America
 

Wednesday, 27 October 2010, 17:31 PM

 
Elbit Systems U.S. Subsidiary Awarded $45.5 Million ID/IQ Contract for Night Targeting System Upgrade for AH-1W Cobra Helicopters.
 
 
Haifa, Israel, October 26, 2010 – Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC, was awarded a $45.5 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Naval Surface Warfare Center, Crane Division, Crane, Indiana for the supply of the Night Targeting System Upgrade (NTSU) and associated line items for the AH - 1W Cobra helicopters.
 
Work will be performed in Merrimack, New Hampshire and is expected to be completed over the next five years.
The NTSU system builds upon the legacy of the combat-proven Night Targeting System (NTS). The improvements in the optics allow the warfighter a significant increase in ability to detect, recognize, identify and prosecute targets at stand-off ranges in all weather and lighting conditions.
Elbit Systems of America, President and CEO, Raanan Horowitz commented: "Elbit Systems of America is pleased to provide this tactical targeting ability to the U.S. Navy AH-1W team. The NTSU enables extended target acquisition, recognition and engagement ranges and offers a critical and cost effective increase in survivability to the warfighter”.

 

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