Elbit Systems of America Awarded $45.5M ID/IQ Contract for Night Targeting System Upgrade for the AH-1W Cobra Helicopters

MERRIMACK, New Hampshire, October 26, 2010

Elbit Systems of America, LLC, a wholly owned subsidiary of Elbit Systems Ltd. was awarded a $45.5M Indefinite Delivery Indefinite Quantity (ID/IQ) contract from the Naval Surface Warfare Center, Crane Division, Crane, Indiana for the supply of the Night Targeting System Upgrade (NTSU) and associated line items for the AH-1W Cobra helicopters. Work will be performed in Merrimack, New Hampshire, and is expected to be completed over the next five years.

The NTSU system builds upon the legacy of the combat-proven Night Targeting System (NTS). The improvements in the optics provide the warfighter a significant increase in the ability to detect, recognize, identify and prosecute targets at stand-off ranges in all weather and lighting conditions. Improvements in design and removal of obsolete components results in increased reliability and maintainability. Features include the ability to fire TOW and Hellfire missiles, an advanced thermal sight and a high performance color CCD camera.

Elbit Systems of America, President and CEO, Raanan Horowitz commented, "Elbit Systems of America is pleased to provide this tactical targeting ability to the USMC AH-1W team. The NTSU enables extended target acquisition, recognition and engagement ranges and offers a critical and cost effective increase in survivability to the warfighter."

About Elbit Systems of America, LLC

Elbit Systems of America is a leading provider of high performance products and system solutions focusing on the commercial aviation, defense, homeland security, and medical instrumentation markets. With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ and TASE: ESLT), a global electronics company engaged in a wide range of programs for innovative defense and commercial applications.

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: http://www.elbitsystems.com.

This website and its content is copyright of Global Business Media Limited © Global Business Media 2009. All rights reserved