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Delayed · 12:28 UK

Elbit Systems gets USD78m contract to provide UAS-based advanced intelligence systems

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) said it was awarded a contract from a European country to supply an Unmanned Aircraft System (UAS)-based cutting-edge intelligence solution.

Valued at approximately USD78 million, the contract will be performed over a two-year period by Elbit Systems´ ISTAR Division, established several months ago, as a result of combining Elbit Systems´ Electro-optics — Elop and UAS Divisions.

Elbit Systems´ solution will consist, among other elements, of AMPS (Advanced Multi-Sensor Payload System) – a multi-sensor electro-optics system capable of long-range visual intelligence for both day and night. The system is adaptable for a large variety of airborne applications and serves as an important building block for the integrated intelligence solution.

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.

Published by Financial News