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Elbit Systems — Capital/Financing Update 2004
Jan 25, 2004
6762_rns_2004-01-25_045a03b5-8a67-4670-ac5f-c548e31ec343.pdf
Capital/Financing Update
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25.1.04
לכבוד רשות ניירות ערך כנפי נשרים 22 םירושלי
א.ג.נ.,
לעתונות הודעה– ( "החברה" מ ) "ט מערכות בעיאלב : הנדון
6K"ח ב ולהגישה כדו" שבכוונתנו לפרסם בארה(Press Release) ה לעתונותב הודע" מצ .לרשות ניירות ערך האמריקאית
, בכבוד רב
אילן פכולדר מזכיר החברה
Advanced Technology Center, P.O. Box 539, Haifa 31053, Israel Tel: 972-4-8315315 Fax: 972-4-8550002
' - Elbit Systems Subsidiary El Op Receives New Order for Thermal Sights Valued at $63 Million.
Haifa, Israel, January 25, 2004, - Elbit Systems Ltd( NASDAQ: ESLT ), today announced that its wholly owned subsidiary, Elop Electro-Optics Industries Ltd. (El-Op), received a new order for ground Thermal Sight Systems, valued at $63 million.
The equipment is due to be supplied over a period of 24 months. The contract is anticipated to enter into effect shortly, upon completion of certain routine administrative matters. This new contract is in addition to the previously received orders for night vision equipment valued at over $53 million, as announced by the Company on December 29, 2003.
Joseph Ackerman, President and CEO of Elbit Systems, commented: "These recent orders demonstrate our leading role in the growing market of advanced electrooptical systems for defense and homeland security. They reflect Elbit Systems' inhouse vertical integration capabilities and the Company's extensive experience in developing advanced solutions for Israel Defense Forces and other customers worldwide."
El-Op offers a broad range of electro-optical solutions for military applications. The company's lines of business include night vision products for sighting and observation, laser products for range finding and target designation, airborne displays, stabilized payloads, airborne and space cameras, sights for Armored Fighting Vehicles, electro-optical countermeasures, and products for the homeland security market.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world, in the areas of aerospace, ground and naval systems, command, control, communications, computers and intelligence (C4I), advanced electro-optic and space technologies. The Company focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.
Contacts:
Ilan Pacholder, VP Finance Marilena LaRosa Elbit Systems Ltd The Anne McBride Company Tel: 972-4 831-6632 Tel: 212-983-1702 ext. 208 Fax: 972-4 831-6659 Fax: 212-983-1736 [email protected] [email protected]
STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD- LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY’S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY
TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY’S
PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.