Elbit reports US, Swedish defense deals worth $52m

Israeli defense electronics Elbit Systems Ltd. (Nasdaq: ESLT; LEVEL: ESLT) today notified the Tel Aviv Stock Exchange (TASE) of two new agreements, which it signed worth $ 52 million.

In the first deal, the German unit Elbit Systems Deutschland received a subsequent contract from the Swedish Defense Materials Administration worth $ 23 million or the supply of additional software radio stations (SDR) for the Swedish Armed Forces. The contract will be fulfilled for 30 months.

In addition to previous orders received from 2016 by FMV, Elbit Systems will now deliver an additional E-LynX SDR automotive dual-channel configuration, as well as automotive configuration in full duplex multi-channel technology, as part of Sweden’s tactical upgrade program. The patented multi-channel network capability provides dynamic and autonomous optimization of the allocation of spectrum resources, which allows the simultaneous execution of various missions, while maintaining fast, sustainable, secure, interoperable and immune communication in any terrain. The SDR E-LynX family is designed with an open architectural approach. It has unique waveforms and allows the adoption of European and NATO waveforms. The E-LynX SDR solution has been chosen by several armed forces across Europe, including Switzerland, Spain and other NATO countries.

Elbit Systems C4I & Cyber ​​General Manager Chaim Delmar said: “We appreciate the trust and confidence given by our Swedish Armed Forces to our digital communication capabilities, which testifies to the technological quality and reliability of our solution. Sweden is an important market for Elbit Systems and we hope to continue to expand in Sweden. “

In the second deal, the US Elbit Systems of America unit was awarded two orders worth $ 29 million from the executive office of the US Army Program (PEO) under an indefinite supply / indefinite quantity (ID / IQ) contract issued in 2020. Elbit will upgrade the active service of the US Army and the rotating wings of the National Guard AN / AVS-6 Aviator’s Night Vision Imaging Systems (ANVIS) with highly efficient white phosphor imaging lamps. Upgrading the night vision to the US Navy’s legacy ANVIS glasses will replace the existing green image enhancement. White phosphor improves the ANVIS glasses, as it presents visualizations in black and white details that may look more natural to the eye. The new image enhancement tubes will also provide better contrast, along with high image resolution at longer distances for pilots.

Elbit Systems of America President and CEO Raanan Horowitz said: “U.S. Army pilots can successfully accomplish their mission and fly with confidence in all light conditions. Upgrading U.S. Army Navy goggles to high-performance white phosphorus provides improved Whether soldiers are on the ground or in the air, our team is committed to providing advanced capabilities to the U.S. military to meet their changing night-vision needs.

Posted by Globes, business news in Israel – en.globes.co.il – on June 17, 2021

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