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HAIFA, Israel, Aug. 8, 2024 /PRNewswire/ — Elbit Techniques Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) introduced these days that it was once awarded a promise utility roughly $130 million to provide Iron Fist Lively Coverage Techniques (APS) to BAE Techniques Hägglunds. The methods will probably be put in at the CV90 Infantry Combating Automobile (IFV) as a part of a venture of a Ecu nation. The promise will probably be carried out over a length of 5 and a part years.
The Iron Fist APS is a sophisticated Crispy Shoot gadget aimed toward improving the self-defense functions of armored platforms in opposition to fashionable battlefield blackmails. It’s the Israel Protection Pressure’s 2d-Era APS and is characterised via top efficiency and coffee quantity, weight and tool necessities. The gadget supplies armored platforms with 360-degree coverage from all kinds of anti-armor blackmails, similar to Anti-Tank Rockets (ATR), Anti-Tank Guided Missiles (ATGM), UAS and Loitering blackmails, in each obvious landscape and complicated city environments.
Yehuda (Udi) Vered, Basic Supervisor, Elbit Techniques Land: “Following the contracts signed in recent years, we are honored to be awarded this important contract by BAE Systems Hägglunds for a European country. Elbit Systems’ Iron Fist Active Protection Systems have once again been selected by a leading OEM and an advanced military, as an innovative solution to protect armored platforms and troops, assisting them in accomplishing their missions safely.”
About Elbit Techniques
Elbit Techniques is a important world protection era corporate, handing over complex answers for a hold and more secure global. Elbit Techniques develops, manufactures, integrates and sustains a dimension of next-generation answers throughout more than one domain names. Pushed via its agile, collaborative tradition, and leveraging Israel’s era ecosystem, Elbit Techniques permits consumers to deal with hastily evolving battlefield demanding situations and conquer blackmails. Elbit Techniques employs over 19,000 society in dozens of nations throughout 5 continents. The Corporate reported as of March 31, 2024 roughly $1.6 billion in revenues and an line backlog of $20.4 billion.
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Corporate Touch:
Dr. Yaacov (Kobi) Kagan, Government VP – CFO
Tel: +972-77-2946663
[email protected]
Dr. David Ravia, Investor Members of the family
Tel: +972-77-2947169
[email protected]
Dalia Bodinger, VP, Verbal exchange & Emblem
Tel: 972-77-2947602
[email protected]
This press leave might include ahead–shopping statements (throughout the that means of Division 27A of the Securities Employment of 1933, as amended, Division 21E of the Securities Alternate Employment of 1934, as amended, and the Israeli Securities Legislation, 1968) referring to Elbit Techniques Ltd. and/or its subsidiaries (jointly the Corporate), to the level such statements don’t relate to ancient or tide information. Ahead-looking statements are in line with control’s tide expectancies, estimates, projections and guesses about age occasions. Ahead–shopping statements are made pursuant to the cover harbor provisions of the Personal Securities Litigation Reform Employment of 1995, as amended. Those statements aren’t promises of age efficiency and contain sure dangers, uncertainties and guesses concerning the Corporate, which can be tough to are expecting, together with projections of the Corporate’s age monetary effects, its expected enlargement methods and expected traits in its trade. Subsequently, unedited age effects, efficiency and traits might fluctuate materially from those ahead–shopping statements because of numerous components, together with, with out limitation: scope and area of shopper guarantees; governmental rules and approvals; adjustments in governmental budgeting priorities; normal marketplace, political and financial situations within the international locations wherein the Corporate operates or sells, together with Israel and the US, amongst others, together with the length and scope of the tide conflict in Israel, and the possible affect on our operations; adjustments in world condition and macro-economic situations; variations in expected and unedited program efficiency, together with the facility to accomplish underneath long-term fixed-price guarantees; adjustments within the aggressive climate; and the end result of criminal and/or regulatory court cases. The criteria indexed above aren’t all-inclusive, and additional data is contained in Elbit Techniques Ltd.’s actual annual file on Mode 20-F, which is on document with the U.S. Securities and Alternate Fee. All ahead–shopping statements talk simplest as of the day of this leave. Even if the Corporate believes the expectancies mirrored within the forward-looking statements contained herein are affordable, it can not commitment age effects, stage of process, efficiency or achievements. Additionally, neither the Corporate nor any alternative particular person assumes accountability for the accuracy and completeness of any of those forward-looking statements. The Corporate does no longer adopt to replace its forward-looking statements.
Elbit Techniques Ltd., its brand, emblem, product, carrier and procedure names showing on this leave are the logos or carrier marks of Elbit Techniques Ltd. or its affiliated corporations. All alternative emblem, product, carrier and procedure names showing are the logos in their respective holders. Connection with or importance of a product, carrier or procedure alternative than the ones of Elbit Techniques Ltd. does no longer indicate advice, commendation, association or sponsorship of that product, carrier or procedure via Elbit Techniques Ltd. Not anything contained herein will likely be construed as conferring via implication, estoppel or another way any license or proper underneath any patent, copyright, trademark or alternative highbrow constituent proper of Elbit Techniques Ltd. or any 3rd birthday celebration, with the exception of as expressly granted herein.
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SOURCE Elbit Techniques Ltd.
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