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Elbit Systems — Regulatory Filings 2004
Apr 4, 2004
6762_rns_2004-04-04_d7e91c11-a6f1-4cea-83a3-83c9ada2617e.pdf
Regulatory Filings
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אפיפ
04.04.2004
לכבוד הבורסה לניירות ערך בע"מ www.tase.co.il
לכבוד רשות ניירות ערך www.isa.gov.il
א.ג.נ.,
הנדון: אלביט מערכות בע"מ ("החברה") – הודעה לעתונות
מצ"ב הודעה לעתונות (Press Release) שבכוונתנו לפרסם בארה"ב ולהגישה כדו"ח 6K לרשות ניירות ערך האמריקאית.
בכבוד רב,
אילן פכולדר מזכיר החברה
ELB
Elbit Systems joint venture with Rockwell Collins, Vision Systems International, awarded $62.6 million contract from Boeing
Haifa, Israel, April 4, 2004- Elbit Systems Ltd. (NASDAQ: ESLT) today announced that Vision Systems International LLC (VSI), was awarded a contract from Boeing, St. Louis, for the delivery of more than 400 additional Joint Helmet Mounted Cueing Systems (JHMCS).
Under the contract, valued at $62.6 million, VSI will provide JHMCS systems, including spares, technical support and support equipment for the LRIP 4 (Low Rate Initial Production) acquisition. This procurement fills US government domestic requirements for the U.S. Air Force F-15, and F-16 and U.S. Navy F/A-18 aircraft as well as Foreign Military Sales (FMS) production commitments including: Australia (F/A-18), Chile (F-16), Finland (F/A-18), and Poland (F-16). Additionally, this award fulfills commercial commitments from Boeing for the F-15K program for South Korea.
Deliveries under LRIP 4 are currently in process and will continue through 2005.
JHMCS provides the pilot with "First look, first shot" high off-boresight weapons engagement capabilities. It enables the pilot to accurately cue onboard weapons and sensors against enemy aircraft and ground targets while performing high-G aircraft maneuvers. Critical information and symbology, such as targeting cues and aircraft performance parameters, are graphically displayed directly on the pilot's visor.
Joseph Ackerman, President and CEO of Elbit Systems commented: "The latest contract from Boeing further reinforces VSI's leading role in advanced helmet mounted cueing systems. The success of VSI is a testament of the continued cooperation between Rockwell Collins and Elbit Systems providing cutting-edge helmet mounted systems technologies to U.S. and international front-line fighter aircraft".
VSI was established in 1996 as a joint venture between EFW, Inc. a subsidiary of Elbit Systems Ltd. and Rockwell Collins to develop, manufacture and support fixed wing HMDs worldwide. With a heritage of more than 35 years of design and development experience in display systems, VSI today is the leading supplier of fixed wing HMDs. In addition to the JHMCS, VSI is in development of the advanced HMD for Lockheed Martin's F-35 (JSF) and supplies DASH (Display and Sight Helmet) Generation IV to Lockheed Martin.
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.
For more about Elbit Systems, please visit our website at
Contacts
| Company contact | IR Contacts |
|---|---|
| Ilan Pacholder, VP Finance | Ehud Helft/Kenny Green |
| Elbit Systems Ltd | Gelbart Kahana |
| Tel: 972-4 831-6632 | Tel: 1-866-704-6710 |
| Fax: 972-4 831-6659 | Fax: 972-3-607-4711 |
| [email protected] | [email protected] |
| kenny@ gk-biz.com |
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.