Elbit Systems wins 2 European contracts
The firm will supply parts for Slovenian Army and Romanian Army armored cars.
Globes’ correspondent 25 Jul 07 11:17
Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won two new contracts in Slovenia and Romania worth $55 million altogether.
Elbit Systems will supply overhead remote controlled weapon stations and unmanned turrets as well as other electronic and electro-optical systems and components for the Slovenian Armored Vehicle Program, for 135 vehicles. Deliveries are scheduled to take place through 2011. The company is cooperating with Patria AMV, owned by the Finnish government and European Aeronautic Defense and Space (EADS) NV, and Slovenan company Rotis d.o.o. Elbit Systems will provide laser detection systems, 30mm Unmanned Turrets and 12.7/40 mm Overhead Remote Controlled Weapon System (ORCWS) onboard Patria AMV 8X8 vehicles. Elbit Systems’ share of the program is $40 million.
In Romania, Elbit System will supply unmanned turrets and electro-optic systems valued at $15 million. Deliveries will made made over the next three years. The prime contractor for the program is selected General Dynamics European Land Combat Systems Group subsidiary Mowag GmbH to supply Piranha III vehicles. Elbit Systems will supply 12.7 mm unmanned turrets, and various electro-optic and electronic subsystems, including the Driver Thermal Viewer (DTV) and other systems. Elbit Systems subsidiary Elmet International srl will carry out most of the work in Romania, together with Romanian company Pro-Optica SA.
Elbit Systems VP and general manger C4I & Land Systems Division Bezhalel (Butzi) Machlis said, “The selection of our systems for the projects attests to our ability to provide a completely integrated configuration for fighting/patrol/surveillance vehicles, including unmanned turrets equipped with missiles fire control and threat detection systems.”
Published by Globes [online], Israel business news - www.globes.co.il - on July 25, 2007
