Elbit Systems Awarded $33M Contract for Electro-optical Payloads

Date Announced: 06 Oct 2013

Asian-Pacific customer to use technology on helicopters.

HAIFA, Israel, October 6, 2013 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that its wholly owned subsidiary, Elbit Systems Electro-optics - Elop Ltd. (Elop), was awarded a follow-on contract to supply its advanced Digital CoMPASS® electro-optical (EP) payload systems to an Asia-Pacific Air Force to be installed onboard helicopters. The contract will be performed over a three-year period.

Adi Dar, General Manager of Elbit Systems Electro-Optics Elop, commented: "This important follow on program reflects the customer's satisfaction from the systems acquired a number of years ago. Supplying our customers innovative and cutting edge systems, supported by our vast operational experience in electro-optic payload systems, positions us as one of the world's leading EO payloads providers.

DCoMPASS® (Digital Compact Multi Purpose Advanced Stabilized System) is a highly stabilized, low weight, multi-sensor electro-optical (EO) payload system, providing solutions for airborne applications (both fixed and rotary-wing aircraft) as well as for land and naval platforms.

Offering cutting edge optical technology for 24/7 observation with cutting edge day and night "ISTAR" capabilities (intelligence, surveillance, target acquisition and reconnaissance), DCoMPASS® allows optimal use even in the harshest of weather conditions.

Source: Elbit Systems

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