Elbit Systems and CAE Team to Pursue UK Defence Training Capability

London, UK, September 12, 2017 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems”) and CAE (NYSE: CAE; TSX: CAE) announced today at the Defence Systems Equipment International (DSEI) show, that the companies have signed an agreement to jointly pursue United Kingdom Ministry of Defence training opportunities that fall under the Defence Operational Training Capability (Air) programme (DOTC-A).

Specifically, Elbit Systems UK and CAE UK plc will collaborate to pursue both the DOTC(A) Core System and Services (DCS&S) project as well as the Typhoon Future Synthetic Training (TFST) project. Elbit Systems UK is the main UK-based subsidiary of Elbit Systems, one of the world’s leading defence and aerospace companies and an acknowledged leader in training and simulation while CAE UK plc is the UK-based subsidiary of CAE Inc., a global leader in training.

According to the UK MOD, the DOTC(A) programme and the specific training opportunities that fall under the overall programme are expected to enable the Royal Air Force to better train together as a total force, support the Defence-wide requirement to download live training into the synthetic environment and allow a rebalancing of live/synthetic training.

“Elbit Systems has a wealth of experience developing and delivering Fast Jet Mission Training Centres”, said Martin Fausset, CEO of Elbit Systems UK. “We are pleased to work with CAE on this important synthetic training programme for the UK MOD. We recognise that DOTC(A) will set the standard for training UK defence personnel for the next thirty years and beyond. Together ESUK and CAE UK believe we can deliver the innovative technology and world leading simulation to achieve this”.

“We recognise defence forces are looking to increasingly leverage synthetic environments for more of the operational and mission training they need to conduct, and the UK MOD’s Defence Operational Training Capability programme aims to address these requirements,” said Jonathan Browning, Vice President of Strategy and Business Development, CAE UK plc. “CAE brings a great deal of experience and expertise as a training systems integrator, and partnering with Elbit Systems will enable us to bring the UK MOD proven, low-risk distributed mission training capabilities that are integrated and interoperable.”