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Elbit Systems Awarded $46 Million Contract to Supply Armored Personnel Carriers to a Country in Asia-Pacific

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Haifa, Israel, February 7, 2021 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that it was awarded a contract valued at approximately $46 million to supply VBTP 6X6 Armored Personnel Carriers (“APCs”) to the army of a country in Asia-Pacific. The contract will be performed over a three-year period.

As the prime contractor, Elbit Systems will supply the VBTP 6X6 wheeled APCs that were developed by Iveco Defence Vehicles (“Iveco”) in cooperation with the Brazilian Army. The VBTP 6X6 APCs will be equipped with Elbit Systems’ turrets and a range of the Company’s subsystems including electric drive and stabilization systems, fire control systems, TORCH-XTM battle management systems, E-LynXTM software defined radio systems, gunner and commander sights as well as life support systems.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land, commented: “We are pleased with our continuous co-operation with Iveco, particularly with our capacity to contribute to the export efforts of the Brazilian defense industry. We believe that our strong portfolio of subsystems positions us advantageously to lead procurement programs of armored vehicles, especially as the missions they are tasked with become more diverse and increasingly networked.”

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 Facebook, YouTube and LinkedIn Channels.

SOURCE: Elbit Systems

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