Elbit Systems Awarded a $338 Million Contract to Supply The E-LynX Mobile Radio Network Solution for The Swiss Armed Forces

Halfa, Israel, Dec. 17, 2020 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announced today, further to the Company's report from October 29, 2019, that it was awarded an approximately $338 million contract by the Swiss Federal Department of Defense, Civil Protection and Sport, to provide the Swiss Armed Forces with an army-wide tactical mobile Software Defined Radio ("SDR") network solution under the Telecommunications Armed Forces (TK A) digitization program, Ersa mob Komm. The contract will be performed over a period of six years.

This contract award follows more than three years of extensive and competitive technical as well as field evaluations conducted by the Federal Office for Defense Procurement and the Swiss Armed Forces. The digital mobile network solution to be provided is based on the E-LynX™ family of open architecture SDR, enabling fast, reliable and secure communication across the Swiss Armed Forces.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "Switzerland is a strategic market for us, and we will continue with our efforts to support the Swiss Armed Forces and expand our cooperation with the Swiss industry. This contract award underlines the growing recognition by European Armed Forces of the E-LynX mobile SDR solution as the favored enabler for advanced military mobile networking and digitization."  

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.

For additional information, visit: https://elbitsystems.com/, follow us on Twitter or visit our official FacebookYoutube and LinkedIn Channels.

Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com

Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com

David Vaaknin, VP, Head of Corporate Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com

IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: 1-646-201-9246
elbitsystems@gkir.com

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