Elbit subsidiaries upgrading vehicles

March 22, 2013 at 6:12 AM

HAIFA, Israel, March 22 (UPI) -- Subsidiaries of Israel's Elbit Systems have received $195 million in contracts for electronic warfare systems and to upgrade armored fighting vehicles.

The first contact, worth about $80 million, was awarded by an unidentified Asian nation for vehicle upgrades over a two-year period. It was awarded to Electro-optics Elop Ltd., which will integrate advanced systems for to enhance the capabilities of weapon systems installed on the vehicles.

Elbit Systems EW and SIGINT-Elisra Ltd. will supply electronic warfare systems to an unidentified Asian customer over a two-year period.

The two contracts were announced separately and Elbit didn't specifically indicate if the contracts to its subsidiaries were related.

"We are very proud of this award, achieved due to our technological advancements in the EW field," said Edgar Maimon, general manager of Elisra. "This award further attests to our position and recognition as a world leading supplier of EW systems.

"We are experiencing a growing global demand for various types of EW systems and I trust that further customers will follow and select our advanced systems as their preferred solution."

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
JetBlue first major airline to offer direct New York to Cuba flights
BBC to lay off 1,000 people to make up for $234M in lost revenue