HAIFA, Israel, Aug. 3 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. announced today that it was awarded yet another contract to supply the Australian Army with more Skylark(R) I UAV systems for an estimated value of several million dollars. This is the Australian Department of Defence's third Skylark(R) order, following the initial order for the Australian Army in 2005.
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Haim Kellerman, Executive Vice President and General Manager of Elbit Systems UAS Division, said, "Australia's decision to equip its Army with an additional set of Skylark(R) I UAV systems underscores recognition of the UAV systems' capabilities and added value to soldiers in active war zones."
The Skylark(R) I, advanced mini-UAV system, is a unique man-pack configuration designed for day and night observation and data collection "beyond the hill" up to distances of 10-15 km. The mini-UAV system is equipped with an exceptionally quiet electric motor, totally autonomous flight and outstanding observation capabilities allowing for easy operation and orientation. The system can be launched by soldiers after a brief training period. The Skylark(R) I system enhances ground forces' tactical performance in various mission scenarios.
Skylark(R) I UAV systems are in operational use in several leading armies worldwide, such as the Israeli Defense Forces as well as coalition armies who successfully operate the UAV in various tactical arenas, including Afghanistan and Iraq.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related 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 ("C4ISR"), Unmanned Air Vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail:
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking 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 and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking 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 Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all- inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
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