Showing posts with label Elbit Systems. Show all posts
Showing posts with label Elbit Systems. Show all posts

Sunday, October 20, 2013

DTN News - ROMANIA DEFENSE NEWS: Romania Finally Settles On Portuguese F-16s

Defense News: DTN News - ROMANIA DEFENSE NEWS: Romania Finally Settles On Portuguese F-16s
Source: DTN News - - This article compiled by K. V. Seth from reliable sources David Donald 
(NSI News Source Info) HONG KONG - October 19, 2013: Late last week, Romanian defense minister Mircea Dusa signed the contract for a €600 million ($817 million) deal to acquire 12 Lockheed Martin F-16AM/BM fighters from Portugal. An initial installment was paid at the same time. The acquisition of F-16s will finally allow Romania to operate NATO-compatible aircraft, and also brings to an end a long-running saga to provide a replacement for the dwindling LanceR fleet of upgraded MiG-21s.


Included in the deal are nine current Portuguese air force aircraft and three that Portugal is acquiring through the U.S. excess defense article program. This trio will be put through a mid-life update (MLU) program at Portugal’s OGMA maintenance, repair and overhaul company to bring them up to F-16AM/BM standards before delivery to Romania. The deal, which covers nine F-16AM single-seaters and three F-16BM two-seaters, also includes the training of an initial batch of nine pilots and 69 technicians, to be undertaken partly in the U.S.

The first aircraft is scheduled for delivery in 2015/16, with all 12 to be handed over by 2017 to equip a single squadron. Romania has stated its intention to buy another batch of F-16s from Portugal to equip a second unit.

Romania began its search for a new fighter in the early 2000s, with the aim of replacing the LanceRs in 2010/11 with 48 new aircraft. The F-16, Eurofighter Typhoon and Saab Gripen were seen as the main contenders, but a lack of funds continually delayed any decision. In 2005 Romania announced that it was to buy used F-16s from the Israeli air force, with overhaul and support provided by Elbit. Belgian F-16s were considered in 2006, and in 2008 Romania submitted a request for 24 new Block 50/52 aircraft and discussed an alternative plan to buy second-hand U.S. aircraft. In March this year Romania approved the purchase of 24 ex-U.S. Air Force F-16C/D Block 25s, but subsequently the country struck a final, cheaper deal with Portugal.

In Romanian service the F-16s will replace the 30 to 40 remaining LanceRs. This program involved a major upgrade to the Mikoyan MiG-21M, MF and UM, and was undertaken by Aerostar in conjunction with Elbit. Avionics were completely overhauled and Python 3 missile capability was added. From 1996 the Romanian air force received 71 LanceR A ground attackers with Elta EL/M-2001B radar, 14 LanceR B two-seat conversion trainers and 26 LanceR C air defense fighters with EL/M-2032 radar.

Portugal acquired a total of 45 F-16A/B Block 15s. The first batch, delivered from 1994, comprised 20 Block 15OCU aircraft acquired new under the Peace Atlantis I program to equip Esquadra 201 at Monte Real. In 1999 Portugal received 25 ex-U.S. Air Force Block 15s to establish a second squadron, Esquadra 301. Only 20 of these aircraft were placed in service, and soon after delivery they were put through the MLU program with new avionics, F100-PW-220E engines and Falcon UP structural upgrade. The remaining five ex-U.S. aircraft were used as a source of spares.

*Link for This article compiled by K. V. Seth from reliable sources David Donald 
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated

Thursday, September 8, 2011

DTN News - ISRAELI DEFENSE NEWS: Elbit Successfully Completed Customer Acceptance Tests Of First 30mm Unmanned Turret Supplied To The Brazilian Army

Defense News: DTN News - ISRAELI DEFENSE NEWS: Elbit Systems Successfully Completed Customer Acceptance Tests Of First 30mm Unmanned Turret Supplied To The Brazilian Army
(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.

*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

©

COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Tuesday, May 24, 2011

DTN News - ROMANIA DEFENSE NEWS: Elbit Systems To Upgrade Romanian Air Forces' C-130 Transport Aircraft Under Contract Valued At $18.6 Million

Defense News: DTN News - ROMANIA DEFENSE NEWS: Elbit Systems To Upgrade Romanian Air Forces' C-130 Transport Aircraft Under Contract Valued At $18.6 Million
(NSI News Source Info) HAIFA, Israel, - May 24, 2011: Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $18.6 million to upgrade the Romanian Air Forces' C-130 transport aircraft. According to the agreement, the C-130 aircraft will be installed with various types of advanced electronic systems, including those produced by Elbit Systems' wholly owned subsidiary - Elisra Electronic Systems Ltd.

The project, to be performed over four years, will be executed in cooperation with local companies in Romania, lead by the Romanian Aeronautical Industry.

Yoram Shmuely, Co-General Manager of Elbit Systems' Aerospace Division, commented: "We are very proud of this award, which marks an additional milestone in the projects Elbit Systems has performed for the Romanian Air Force in collaboration with Romanian local industry. This new contract attests to the trust and satisfaction we have gained, based on the quality of the projects we have executed for the Romanian Air Force in recent years". Shmuely added: "The global demand for transport aircraft upgrades and the experience we have accumulated in performing various similar projects, including for the Korean C-130 and the Brazilian C-95, position us as market leaders, and we hope other similar projects will follow."

Elbit Systems has been operating in Romania for the past 15 years and executes large scale projects, especially in avionics, in cooperation with many defense industries in Romania, including IAR BRASOV, Avioane Craiova, Aerostar and others. These programs have been performed for the Romanian Ministry of Defense and for other customers in Romania, as well as for customers in other countries. Elbit Systems' activities in Romania are primarily carried out through its wholly-owned Romanian subsidiaries, Elbit Systeme S.A., A-E Electronics S.A, Elmet International SRL and Simultec SRL, which employ approximately 400 employees.

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.


*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

©

COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Wednesday, April 6, 2011

Defense News: Elbit Systems Awarded A Contract To Supply Soltam's Artillery Systems

Defense News: Elbit Systems Awarded A Contract To Supply Soltam's Artillery Systems
HAIFA, Israel, April 6, 2011: Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract to supply self-propelled artillery and accompanying systems to an African country. The contract, valued at approximately $24 million, will be performed over the next two years. This is the first contract announcement regarding Soltam Systems Ltd. ("Soltam") since its recent acquisition by Elbit Systems.

The contract calls for the supply of a complete solution, including Soltam's ATMOS self-propelled artillery, command stations, observation and target acquisition systems, as well as fire control and command and control systems. In addition, Elbit Systems will manage the training and maintenance during the project's duration.

Bezalel Machlis, Elbit Systems' Executive Vice President and General Manager - Land and C4I Division, commented: "This new contract highlights the high synergetic value within our various land activities, allowing us to provide our customers with complete unique solutions, from artillery platforms, to target acquisition systems, through to advanced command and control solutions that connect all of the systems." Machlis added: "Our integrative solution, combining Soltam's artillery systems and our range of advanced electronic capabilities, provides a cutting-edge operational solution suitable for the growing trend of a transition to wheeled mobile platforms for artillery."

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.

    Contacts:

Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com

Dalia Rosen, VP, Head of Corporate
Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.

IR Contact:

Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
e-mail: elbitsystems@ccgisrael.com


Wednesday, March 16, 2011

DTN News: Elbit Systems, Israel Aerospace Industries Establish Joint Company To Perform Advanced Training Aircraft Project For The Israeli Air Force

Defense News: DTN News - ISRAEL DEFENSE NEWS: Elbit Systems And Israel Aerospace Industries Establish Joint Company To Perform Advanced Training Aircraft Project For The Israeli Air Force
(NSI News Source Info) HAIFA, Israel, - March 16, 2011:

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today the signing of a founder's agreement (the "Agreement") with Israel Aerospace Industries Ltd. ("IAI") to establish a joint company and a limited partnership (collectively the "Joint Entity") to perform a potential project of purchasing and maintenance of advanced training aircraft, as well as additional services (the "Project"), for the Israeli Ministry of Defense (the "MoD").

(Photo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )

The Joint Entity established under the Agreement, will be equally owned (subject to required regulatory approvals), and will supply the MoD with the products and services required for the Project's execution. Certain portions of the Project's work scope will be acquired from IAI and Elbit Systems, respectively, in accordance with a work sharing plan determined by the two sides.

To the best of Elbit Systems' knowledge, the MoD is currently reviewing contractual possibilities with regards to the Project, and in this context has provided to Elbit Systems and IAI a request for information (RFI). It is the intention of the two companies to submit a response to the RFI in the coming days through the Joint Entity.

To the extent that there will be a contract between the Joint Entity and the MoD with regards to the Project, it is expected that its scope will be significant and that it will be performed over a long-term period. In the framework of a contract for the Project, it is also expected that the Joint Entity will seek sources of financing for the establishment of infrastructure and for the operation of the Project, as well as to purchase from aircraft manufacturers and other suppliers the aircraft and additional equipment required for the Project.

It is noted that at the time of this announcement, the Joint Entity and MoD have not yet signed an agreement for the Project and that there is no certainty that an agreement will be signed.

According to the Agreement, the scope of the Project will be divided to the extent possible equally between Elbit Systems and IAI, and if required, balancing arrangements will be established between the two companies.

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.


*Speaking Image - Creation of DTN News ~ Defense Technology News
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

©

COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS


Sunday, April 11, 2010

Elbit Systems Schedules First Quarter 2010 Results Release for May 13, 2010



Conference Call Scheduled for May 13, 2010 at 10:00am ET

Defense News: HAIFA, Israel, April 11 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq:ESLT - News) announced today that it will be releasing its first quarter 2010 financial results on Thursday, May 13, 2010.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )

The Company will also be hosting a conference call later the same day, Thursday, May 13, 2010 at 10:00a.m. Eastern Time. On the call, management will review and discuss the results and will be available to answer questions.

To participate, please call one of the teleconferencing numbers that follow. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

US Dial-in Numbers: 1 888 407 2553

UK Dial-in Number: 0 800 917 9141

ISRAEL Dial-in Number: 03 918 0610

INTERNATIONAL Dial-in Number: +972 3 918 0610


at 10:00am Eastern Time; 7:00am Pacific Time; 3:00pm UK Time; 5:00pm Israel Time



This call will also be broadcast live on Elbit Systems' web-site at http://www.elbitsystems.com. An online replay will be available from 24 hours after the call ends.

Alternatively, for two days following the call, investors will be able to dial a replay number to listen to the call. The dial-in numbers are:

1 888 326 9310 (US) or +972 3 925 5901 (Israel and International).

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, SIGINT 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: www.elbitsystems.com.

Company Contact


  1. Joseph Gaspar, Executive VP & CFO
  1. Dalia Rosen, Head of Corporate Communications
  1. Elbit Systems Ltd.
  1. Tel: +972-4-831-6663 / Fax: +972-4-831-6944
  1. E-mail: j.gaspar@elbitsystems.com

Dalia.rosen@elbitsystems.com


IR Contact


  1. Ehud Helft
  1. Kenny Green
  1. CCG Investor Relations
  1. Tel: 1-646-201-9246

E-mail: elbitsystems@ccgisrael.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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