Elbit Systems to Provide Space
Camera for the Italian OPTSAT 3000
Contract, valued at tens of millions of dollars, awarded by IAI, the satellite manufacturer
Haifa, Israel, December 5, 2012 – 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 contract from Israel Aerospace Industries Ltd. (“IAI”) to provide a space camera for the Italian OPTSAT 3000 observation satellite. The total project, comprising the Jupiter advanced camera and additional services, is valued at approximately $40 million and will be completed within three and a half years.
Adi Dar, Elop’s General Manager, commented: “We are proud to have been selected to supply the space camera for the Italian satellite. Elop has been a world leader in the field of space cameras for many years, and our systems are supplied to a variety of space agencies and customers in the satellite market, providing high performance and reliability throughout the mission lifecycle. We trust that this contract will lead to additional contracts, both in Israel and abroad”.
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.