Elbit reports $160M UAS order

May 24, 2012 at 2:05 PM
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HAIFA, Israel, May 24 (UPI) -- Unmanned aerial systems are to be supplied to a European entity by Israel's Elbit Systems Ltd., the company announced.

Elbit Systems said the contract providing for delivery of the systems over the next two years is worth about $160 million. The company, however, did not disclose the name of the customer, the specific system or systems to be delivered.

"More and more customers worldwide have come to the conclusion that Elbit Systems' UAS are the ultimate solution for their operational needs, following years of extensive operational experience accumulated in service with the Israeli Defense Forces, as well as additional world leading armed forces for their Air, Land and Special Forces," said Joseph Ackerman, Elbit System's president and chief executive officer.

"Technological advancement, a deep understanding of the customer's needs, ongoing development processes that adapt our UAS to the changing requirements of the modern battlefield as well as logistic support, all strengthen Elbit Systems' position as a world leader in this field.

"We are very proud of this new award, which marks a significant milestone in the chain of our UAS contract awards and we hope that additional customers will follow in selecting our UAS," he said.

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