{"id":687825,"date":"2022-09-22T00:59:26","date_gmt":"2022-09-22T04:59:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/"},"modified":"2022-09-22T00:59:26","modified_gmt":"2022-09-22T04:59:26","slug":"elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/","title":{"rendered":"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">HAIFA, Israel<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 22, 2022<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<b>Elbit Systems Ltd<\/b>. <b>(NASDAQ: ESLT and TASE: ESLT) <\/b>(&#8220;Elbit Systems&#8221;) announced today that it was awarded a contract valued at <span class=\"xn-money\">$80 million<\/span> to supply unmanned turrets for Armoured Fighting Vehicles (&#8220;AFVs&#8221;) of an Asian-Pacific country. The contract will be performed over a three-year period.\u00a0<\/p>\n<p>Under the contract, Elbit Systems will supply 30mm-gun unmanned light turrets that integrate sensors and display systems for enhanced situational awareness, target acquisition capabilities, fire control systems and weapon systems of various types, enabling significant mission performance upgrade for the AFVs.<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Yehuda (Udi) Vered<\/span>, General Manager of Elbit Systems Land, <\/b>said: &#8220;I believe that Elbit Systems is uniquely positioned to address the renewed and growing demand by militaries around the globe to improve the operational capabilities of their armoured platforms, due to our ability to provide comprehensive integrated solutions.&#8221;<\/p>\n<div class=\"wcag-arialevel-2\" style=\"font-size: 1.5em;font-weight: bold;text-align: left\" role=\"heading\">About Elbit Systems<\/div>\n<p>Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (&#8220;C4ISR&#8221;), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.<\/p>\n<p>For additional information, visit: <a href=\"https:\/\/elbitsystems.com\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/elbitsystems.com<\/a>, follow us on <a href=\"https:\/\/twitter.com\/ElbitSystemsLtd\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a> or visit our official <a href=\"https:\/\/www.facebook.com\/elbitsystemsltd\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>, <a href=\"https:\/\/www.youtube.com\/c\/elbitsystems\" target=\"_blank\" rel=\"nofollow noopener\">Youtube<\/a> and <a href=\"https:\/\/www.linkedin.com\/company\/elbitsystems\/\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a> Channels.<\/p>\n<p>\n        <u><br \/>\n          <b>Company Contacts:<\/b><br \/>\n        <\/u>\n      <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Joseph Gaspar<\/span><br \/>\n        <\/b>,\u00a0<i>Senior EVP \u2013 Business Management\u00a0<br \/><\/i>Tel:\u00a0 +972-77-2948661\u00a0<br \/><a href=\"j.gaspar@elbitsystems.com\" target=\"_blank\" rel=\"nofollow noopener\">j.gaspar@elbitsystems.com<\/a><\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Yaacov (Kobi) Kagan<\/span><br \/>\n        <\/b>, <i>EVP &amp; Chief Financial Officer\u00a0<br \/><\/i>Tel:\u00a0 +972-77-2946663 <br \/><a href=\"kobi.kagan@elbitsystems.com\" target=\"_blank\" rel=\"nofollow noopener\">kobi.kagan@elbitsystems.com<\/a>\u00a0<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Rami Myerson<\/span>, <\/b><br \/>\n        <i>Director, Investor Relations\u00a0<br \/><\/i>Tel: +972-77-2948984\u00a0<br \/><u><a href=\"mailto:rami.myerson@elbitsystems.com\" target=\"_blank\" rel=\"nofollow noopener\">rami.myerson@elbitsystems.com<\/a><\/u><\/p>\n<p>\n        <b>David Vaaknin<\/b>, <i>VP, Head of Corporate Communications\u00a0<br \/><\/i>Tel: +972-77-2946691\u00a0<br \/><u><a href=\"mailto:david.vaaknin@elbitsystems.com\" target=\"_blank\" rel=\"nofollow noopener\">david.vaaknin@elbitsystems.com<\/a><\/u> \u00a0<\/p>\n<p>\n        <u><br \/>\n          <b>IR Contact:<br \/><\/b><br \/>\n        <\/u><br \/>\n        <b>Ehud Helft\u00a0<br \/><\/b><br \/>\n        <b>Kenny Green\u00a0<br \/><\/b><br \/>\n        <i>GK Investor Relations<\/i> \u00a0<br \/>Tel: 1-646-201-9246\u00a0<br \/><u><a href=\"mailto:elbitsystems@gkir.com\" target=\"_blank\" rel=\"nofollow noopener\">elbitsystems@gkir.com<\/a><\/u><\/p>\n<p>This press release may contain forward\u2013looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and\/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management&#8217;s current expectations, estimates, projections and assumptions about future events. Forward\u2013looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company&#8217;s future financial results, its anticipated growth strategies and anticipated trends in its business.\u00a0 Therefore, actual future results, performance and trends may differ materially from these forward\u2013looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including <span class=\"xn-location\">Israel<\/span> and <span class=\"xn-location\">the United States<\/span> among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and\/or regulatory proceedings.\u00a0 The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.&#8217;s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward\u2013looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the\u00a0forward-looking\u00a0statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these\u00a0forward-looking\u00a0statements. The Company does not undertake to update its forward-looking statements.<\/p>\n<p>Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.\u00a0 All other brand, product, service and process names appearing are the trademarks of their respective holders.\u00a0 Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO81127&amp;sd=2022-09-22\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific-301630578.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific-301630578.html<\/a><\/p>\n<p>SOURCE  Elbit Systems Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO81127&amp;Transmission_Id=202209220056PR_NEWS_USPR_____IO81127&amp;DateId=20220922\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HAIFA, Israel , Sept. 22, 2022 \/PRNewswire\/ &#8212;\u00a0Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (&#8220;Elbit Systems&#8221;) announced today that it was awarded a contract valued at $80 million to supply unmanned turrets for Armoured Fighting Vehicles (&#8220;AFVs&#8221;) of an Asian-Pacific country. The contract will be performed over a three-year period.\u00a0 Under the contract, Elbit Systems will supply 30mm-gun unmanned light turrets that integrate sensors and display systems for enhanced situational awareness, target acquisition capabilities, fire control systems and weapon systems of various types, enabling significant mission performance upgrade for the AFVs. Yehuda (Udi) Vered, General Manager of Elbit Systems Land, said: &#8220;I believe that Elbit Systems is uniquely positioned to address the renewed and growing demand by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687825","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HAIFA, Israel , Sept. 22, 2022 \/PRNewswire\/ &#8212;\u00a0Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (&#8220;Elbit Systems&#8221;) announced today that it was awarded a contract valued at $80 million to supply unmanned turrets for Armoured Fighting Vehicles (&#8220;AFVs&#8221;) of an Asian-Pacific country. The contract will be performed over a three-year period.\u00a0 Under the contract, Elbit Systems will supply 30mm-gun unmanned light turrets that integrate sensors and display systems for enhanced situational awareness, target acquisition capabilities, fire control systems and weapon systems of various types, enabling significant mission performance upgrade for the AFVs. Yehuda (Udi) Vered, General Manager of Elbit Systems Land, said: &#8220;I believe that Elbit Systems is uniquely positioned to address the renewed and growing demand by &hellip; Continue reading &quot;Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-22T04:59:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO81127&amp;sd=2022-09-22\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific\",\"datePublished\":\"2022-09-22T04:59:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/\"},\"wordCount\":836,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=IO81127&amp;sd=2022-09-22\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\\\/\",\"name\":\"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific - 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(NASDAQ: ESLT and TASE: ESLT) (&#8220;Elbit Systems&#8221;) announced today that it was awarded a contract valued at $80 million to supply unmanned turrets for Armoured Fighting Vehicles (&#8220;AFVs&#8221;) of an Asian-Pacific country. The contract will be performed over a three-year period.\u00a0 Under the contract, Elbit Systems will supply 30mm-gun unmanned light turrets that integrate sensors and display systems for enhanced situational awareness, target acquisition capabilities, fire control systems and weapon systems of various types, enabling significant mission performance upgrade for the AFVs. Yehuda (Udi) Vered, General Manager of Elbit Systems Land, said: &#8220;I believe that Elbit Systems is uniquely positioned to address the renewed and growing demand by &hellip; Continue reading \"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-22T04:59:26+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO81127&amp;sd=2022-09-22","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific","datePublished":"2022-09-22T04:59:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/"},"wordCount":836,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO81127&amp;sd=2022-09-22","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/elbit-systems-awarded-80-million-contract-to-supply-unmanned-turrets-for-afvs-of-a-country-in-asia-pacific\/","name":"Elbit Systems Awarded $80 Million Contract to Supply Unmanned Turrets for AFVs of a Country in Asia-Pacific - 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