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Birthday : 06/13/1928
Place of birth : Guangdong - China
Biography : Richest man in Asia and eleventh global fortune according to Forbes in 2011, Li Ka-shing is the...
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Elbit Systems : U.S. Subsidiary Integrates Color Helmet Display and Tracking Systems on U.S. Navy MH-60S Seahawk Test Aircraft

04/01/2015 | 06:39am US/Eastern

HAIFA, Israel, April 1, 2015 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC, ("Elbit Systems of America") was awarded a contract from Science Applications International Corporation (SAIC) to install, integrate and support flight evaluations of the Elbit Color Helmet Display and Tracking System (CHDTS) on MH-60S Seahawk test aircraft for the U.S. Navy. The contract value, which is in an amount that is not material to Elbit Systems, will be performed over one year.

The program is part of the U.S. Navy's MH-60 Sierra's Improved Targeting System for the Seahawks' Armed Helicopter Weapon Kits. The CHDTS will provide the pilots with both night and day capability to see color flight instrument symbols on their helmet mounted display (HMD) modules. Additionally, the line of sight tracking system enables the pilots to interact with the flight navigation system, improves pilot and copilot situational awareness and can also be used to control pilot or copilot slewable sensor systems. The system also presents a continuously calculated weapon impact symbol for the pilot display, thus increasing system accuracy in the employment of installed weapon systems.

"We are pleased to provide U.S. naval aviators the CHDTS for their aircraft," commented Raanan Horowitz, president and chief executive officer of Elbit Systems of America. "The CHDTS will provide the pilots with improved situational awareness through enhanced optics and symbology displayed directly on their HMDs, allowing the pilots to keep their eyes up and out."

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 and radios. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services, including training and simulation systems.

For additional information, visit: http://www.elbitsystems.com or follow us on Twitter [https://twitter.com/ElbitSystemsLtd ]

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

        
        Company Contact:

        Joseph Gaspar, Executive VP & CFO
        Tel:  +972-4-8316663
        j.gaspar@elbitsystems.com
        Dalia Rosen, VP, Head of Corporate Communications
        Tel: +972-4-8316784
        dalia.rosen@elbitsystems.com
        Elbit Systems Ltd.

        IR Contact:

        Ehud Helft
        Kenny Green
        GK Investor Relations
        Tel: +1-646-201-9246
        elbitsystems@gkir.com

SOURCE Elbit Systems Ltd

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