Elbit Systems Awarded an Approximately $93 Million Contract to Perform an F-5 Upgrade Program for an Asia-Pacific Country

31 Agustus 2017

New F-5 cockpt (photo : Elbit Systems)

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) ('Elbit Systems') announced today that it was awarded an approximately $93 million contract from an Asia-Pacific country to upgrade its F-5 aircraft fleet. The contract will be performed over a three-year period. Under the upgrade contract, Elbit Systems will supply the F-5 with cutting-edge systems, including Head-Up Displays (HUDs), an advanced cockpit, radars, weapon delivery and navigation systems, as well as DASH IV Head Mounted Systems.

Yoram Shmuely, Elbit Systems Aerospace Division's General Manager, commented: "We are proud to have been selected to perform this upgrade program, building on our vast know-how and experience in F-5 modernization projects. We have witnessed a growing demand for similar upgrades, and we trust that further customers will follow, benefiting from a mature aircraft upgraded with the most advanced technology in the market."

Elbit Systems is a world leader in fixed-wing aircraft and helicopter upgrade programs, integrating advanced weapons, communications, navigation, electro-optical and EW systems to provide the advanced net-centric capabilities vital for today's fast-paced missions.

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 and cyber-based systems. 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.

(Elbit Systems)