Elbit Systems Awarded $24 Million Contract to Supply Tactical Computers for the Royal Netherlands Army
Elbit Systems Ltd. (NASDAQ: ESLT) announced a significant contract valued at $24 million with the Dutch Ministry of Defence to supply new Enhanced Tactical Computers (ETC) MK7 to the Royal Netherlands Army. This contract spans 30 months and aims to replace outdated systems while enhancing Command and Control capabilities and mission information security. Haim Delmar, General Manager of Elbit Systems C4I & Cyber, highlighted the ongoing partnership with the Dutch MOD as crucial for future cooperation.
- Secured a $24 million contract with the Dutch MOD.
- Contract duration of 30 months indicates a steady revenue stream.
- Enhanced tactical computer systems improve Command and Control capabilities.
- Strengthening of local industrial cooperation with the Netherlands.
- None.
HAIFA, Israel, Jan. 6, 2021 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announced today that it was awarded an approximately
Elbit Systems will equip various vehicular platforms with its seventh generation Enhanced Tactical Computers ("ETC") MK7 replacing legacy ETCs that were provided by the Company to the RNLA over a decade ago. The new ETCs provide enhanced and more robust Command and Control (C2) and tactical data processing capabilities, improved security for processing and storage of secured mission information, as well as solid growth path for advanced C2 applications.
Haim Delmar, General Manager of Elbit Systems C4I & Cyber, said: "We are pleased with our continuous involvement in digitization programs of the RNLA. We see the Netherlands as a key market for Elbit Systems and intend to continue our partnership with the Dutch MOD and strengthen our local industrial cooperation and investment."
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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Company Contact:
Joseph Gaspar, Executive VP & CFO Tel: +972-4-8316663
Rami Myerson, Director, Investor Relations Tel: +972-77-2948984
David Vaaknin, VP, Brand & Corporate Communications Tel: +972-77-2946691 david.vaaknin@elbitsystems.com
IR Contact:
Ehud Helft
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SOURCE Elbit Systems Ltd.
