Elbit Systems U.S. Subsidiary Awarded $45.5 Million ID/IQ Contract for Night Targeting System Upgrade for AH-1W Cobra Helicopters


HAIFA, Israel - Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC, was awarded a $45.5 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Naval Surface Warfare Center, Crane Division, Crane, Indiana for the supply of the Night Targeting System Upgrade (NTSU) and associated line items for the AH - 1W Cobra helicopters.

Work will be performed in Merrimack, New Hampshire and is expected to be completed over the next five years.

The NTSU system builds upon the legacy of the combat-proven Night Targeting System (NTS). The improvements in the optics allow the warfighter a significant increase in ability to detect, recognize, identify and prosecute targets at stand-off ranges in all weather and lighting conditions.

Elbit Systems of America, President and CEO, Raanan Horowitz commented: "Elbit Systems of America is pleased to provide this tactical targeting ability to the U.S. Navy AH-1W team. The NTSU enables extended target acquisition, recognition and engagement ranges and offers a critical and cost effective increase in survivability to the warfighter".

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.

For additional information, visit: www.elbitsystems.com.

Company Contact:

Joseph Gaspar,

Executive VP & CFO

Dalia Rosen,

VP & Head of Corporate Communications

Elbit Systems Ltd

Tel: +972-4-8316663

Fax: +972-4-8316944

E-mail: j.gaspar@elbitsystems.com

dalia.rosen@elbitsystems.com

Source: Elbit Systems Ltd

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