24 December 2013
Elbit Systems Ltd. (NASDAQ: ESLT) said that the Australian Department of Defence has exercised options for additional quantities under an extant contract via a contract change, and also engaged Elbit Systems to conduct a risk reduction activity via a survey and quote under the terms of an extant contract.
The total value of both activities is approximately USD229m. The contract will be performed over a three-year period.
Elbit Systems 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, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, signal intelligence systems, data links and communications systems and radios. For additional information, visit: www.elbitsystems.com