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”.
