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Elbit Systems wins USD 33m contract

Israeli aerospace and defense firm Elbit Systems Ltd (NASDAQ: ESLT) (TASE: ESLT) said that its Elbit Systems Electro-optics – Elop Ltd subsidiary was awarded a follow-on contract to supply its advanced Digital CoMPASS electro-optical payload systems to an Asia-Pacific Air Force to be installed onboard helicopters.

The contract will be performed over a three-year period, Elbit said.

DCoMPASS (Digital Compact Multi Purpose Advanced Stabilized System) is a stabilised, low weight, multi-sensor electro-optical payload system, providing solutions for airborne applications (both fixed and rotary-wing aircraft) as well as for land and naval platforms.

The system offers optical technology for 24/7 observation with day and night “ISTAR” capabilities (intelligence, surveillance, target acquisition and reconnaissance), DCoMPASS allows optimal use even in the harshest of weather conditions.

Elbit Systems, 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, unmanned aircraft 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, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.

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