(NSI News Source Info) TORONTO, Canada - September 8, 2011: Haifa, Israel -- Elbit Systems Ltd. ("ESLT") announced that it has successfully concluded customer acceptance tests of first 30mm unmanned turret UT30BR, integrated into the Brazilian IVECO 6X6 Guarani vehicle.
The unmanned turret was fielded at CAEx (the Brazilian Army's Marambaia testing facility in Rio de Janeiro), testing all its operational functions as well as firing both static and moving targets. The tests were successfully completed, complying to all requirements and to the customer's full satisfaction.
In 2009, after a bid between world leading turrets manufacturers, Elbit Systems was selected to supply unmanned turrets to the Brazilian Army's Land Forces. This multi-year program holds great potential to the company in terms of future procurement.
Earlier this year (2011), Elbit Systems' Brazilian subsidiary, AEL SISTEMAS SA, ("AEL") was awarded a framework contract, for the supply of UT30BR 30 mm Unmanned Turrets to the Brazilian Army’s Land Forces, as part of the Guarani Project.
Elbit Systems' unmanned turret is a complete system, incorporating a 30mm automatic cannon, a 7.62 mm coaxial machine gun, a Laser Warning System (LWS), commander panoramic sight and smoke grenade launchers. In addition to the aforementioned elements, Elbit Systems' unmanned turret is fully dual axis stabilized and combines an automatic target tracker.
The unmanned turret features Elbit Systems' proprietary technology, answering a suitable solution to the asymmetric warfare challenges. The unique design, operated from within the crew compartment without exposure to external hazards, is based on extensive battlefield experience in full scale and low intensity conflicts, and attests to Elbit Systems' leadership in the field of turret and fire control systems.
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 press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
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