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Elbit Systems U.S. Subsidiary Awarded $9.6M Contract to Provide Laser Target Designator and Marker to the United States Marine Corps

Date Announced: 28 Mar 2011

One-year project for battery-powered target designator.

HAIFA, Israel, March 28, 2011/PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, was awarded a $9.6 million contract by the United States Marine Corps System Command at Quantico Marine Base, Virginia to build the Joint Terminal Attack Controller Laser Target Designator (JTAC LTD).

The project will be performed over a period of one year time, including production of the units, supplying spares, and conducting training. The contract also contains options for logistics support, which if exercised, will bring its value to $10.8 million.

The JTAC LTD is a very lightweight, battery-powered laser target designator and marker. It is small enough to be carried by foot-mobile Marines, enabling Marines to designate targets for laser-guided munitions. The JTAC LTD incorporates Elbit Systems' high performance miniaturized Rattler designator, currently in full scale production and implemented to date on numerous airborne and ground based programs.

The JTAC LTD also provides target hand-off to aircraft Laser Spot Trackers. The system incorporates the latest advances in laser generation and battery power technologies. The JTAC LTD features a high power near infrared laser pointer for targeting operations during nighttime conditions.

Elbit Systems of America President and CEO, Raanan Horowitz commented, "Elbit Systems of America is pleased to provide the Marines with this tactical capability, based on significant investment in advanced miniaturized laser technologies and a deep understanding of the operational requirements and to again have the confidence of the United States Marine Corps placed in us. This award is evidence of our proven ability to put life-saving, precision instruments in the hands of those on the frontlines."

Source: Elbit Systems


Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663

E-mail: j.gaspar@elbitsystems.com

Web Site: www.elbitsystems.com

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