Elbit Systems' U.S. Subsidiary Kollsman, Awarded $26.5 Million Contract for Laser Spot Imagers by the U.S. Marine Corps

HAIFA , Israel , February 11 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT) announced that its U.S. subsidiary, Kollsman, Inc., an Elbit Systems of America, LLC, company was awarded a $26.5 million delivery order under a previous Indefinite-Delivery/Indefinite-Quantity (ID/IQ) contract for Thermal Laser Spot Imagers (TLSI) with accessories and logistic support from the U.S. Marine Corps (USMC) Systems Command, based in Quantico, Virginia.

The TLSI to be provided, developed jointly with its sister company Elbit Systems Electro-Optics Elop, is an enhanced version of the company's AN/PAS-22 Long Range Thermal Imager (LRTI), augmented by incorporation of a Laser Spot Tracker (LST). The LRTI is a portable, binocular, hand-held, battery-operated thermal imager, used for long-range observation, and is currently in service with the USMC.

TLSI will be used to identify a laser spot that has been placed on a target as a guidance aid which allows the laser spot to be seen in day or night and in adverse weather. The TLSI works in conjuction with the company's Portable Laser Designator Ranger (PLDR) which is also being supplied to the USMC.

Raanan I Horowitz, CEO of Elbit Systems of America stated: "This award demonstrates our commitment to provide cutting edge electro-optic systems to the USMC in support of their mission readiness requirements and farther compliments our strong relations with this important customer".

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.

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SOURCE Elbit Systems Ltd



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