Elbit Systems (ESLT) German Subsidiary Awarded $23 Million Contract to Supply E-LynX Multi-Channel Radios to the Swedish Army
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Elbit Systems Ltd. (NASDAQ: ESLT) (LEVEL: ESLT) (“Elbit Systems” or “The Company”) announced today that its German subsidiary Elbit Systems Deutschland GmbH & Co. KG was awarded about $ 23 million by a subsequent contract by the Swedish Defense Materials Administration (“FMV”) for the supply of additional software radio stations (“SDRs”) to the Swedish Armed Forces. The contract will be fulfilled for a period of 30 months.
In addition to previous orders received since 2016. from FMV, Elbit Systems will now supply an additional E-LynX™ SDR automotive dual-channel configurations as well as automotive configurations in full-duplex multi-channel technology as part of Sweden’s tactical radio upgrade program. The SDR E-LynX family is designed with an open architectural approach, including unique waveforms and allowing 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.
Chaim Delmar, General Manager of Elbit Systems C4I & Cyber, said: “We appreciate the trust of our digital communication capabilities from the Swedish Armed Forces, 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 our activities in Sweden.“