Elbit Systems Awarded $150M Australian deal

Haifa, Israel, January 25, 2018 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) ("Elbit Systems") announced today that its subsidiary, Elbit Systems of Australia Pty Ltd. (“Elbit Systems of Australia”), was awarded a $150 million contract by the Australian Department of Defence’s Capability Acquisition and Sustainment Group to provide Through Life Support (TLS) services to the Australian Defence Force (ADF) for the Battle Management System Command and Control (BMS C2).

The contract is for a five-year base period. Optional extensions of up to seven years may be exercised in the future.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land and C4I, said: “We are proud to be selected by the Australian Department of Defence for the supply of TLS services for the BMS C2 system. The ADF is a strategic partner of Elbit Systems and this contract represents the long-term commitment of Elbit Systems to support the ADF digitization effort. This is a major contract for Elbit Systems of Australia that will significantly enhance and strengthen its local engineering and support capabilities.”

Image caption: Alison Petchell, Assistant Secretary Critical System Branch, Capability, Acquisition and Sustainment Group (CASG) and Shirley Yonatan, VP Sales and Contracts, Elbit Systems of Australia