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Defense Industry News - Elbit Systems |
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Wednesday,
April 06, 2011, 04:19 PM |
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Elbit
Systems awarded a contract to supply ATMOS self-propelled
gun system to an African country. |
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Elbit
Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems")
announced April 6, 2011, that it was awarded a contract
to supply self-propelled artillery and accompanying systems
to an African country. The contract, valued at approximately
$24 million, will be performed over the next two years.
This is the first contract announcement regarding Soltam
Systems Ltd. ("Soltam") since its recent acquisition
by Elbit Systems.
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Israeli
ATMOS Soltam 155 mm wheeled self-propelled howitzer Israel
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The contract calls for the supply of a
complete solution, including Soltam's ATMOS self-propelled
artillery, command stations, observation and target acquisition
systems, as well as fire control and command and control
systems. In addition, Elbit Systems will manage the training
and maintenance during the project's duration.
Bezalel
Machlis, Elbit Systems' Executive Vice President and General
Manager - Land and C4I Division, commented: "This
new contract highlights the high synergetic value within
our various land activities, allowing us to provide our
customers with complete unique solutions, from artillery
platforms, to target acquisition systems, through to advanced
command and control solutions that connect all of the
systems." Machlis added: "Our integrative solution,
combining Soltam's artillery systems and our range of
advanced electronic capabilities, provides a cutting-edge
operational solution suitable for the growing trend of
a transition to wheeled mobile platforms for artillery."
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