Haifa, Israel, December 19, 2012 – Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (" Elbit Systems") announced today that it has been awarded a contract by the Israel Ministry of Defense ("IMOD") to upgrade the Israeli Air Force's ("IAF") C-130H (Hercules) transport aircraft. The contract value is in an amount that is not material to Elbit Systems.
The modernization project will extend the operational life of the aircraft and significantly improve its operational capability, particularly in precision flying, low-level night flight and operations in adverse weather. The modernization will contribute to improved flight safety and reduce operating costs, by introducing cutting-edge digital systems to replace obsolete analog systems that have become unreliable and costly to maintain after four decades of intensive service with the IAF.
Elbit Systems Aerospace Division's Co-General Manager, Yoram Shmuely, commented: “We are very pleased to perform this project. The proposed upgrade utilizes systems, subsystems and applications being deployed on the most advanced platforms and military and civil upgrade programs in order to meet current operational needs and enable integration of future operational and technology capabilities. "
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 aircraft systems ("UAS"), 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, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.
For additional information, visit: www.elbitsystems.com.
