German subsidiary of Elbit Systems wins $ 23 million contract to supply E-LynX multichannel radios to Swedish military

HAIFA, Israel, June 17, 2021 / PRNewswire / – Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that its German subsidiary, Elbit Systems Deutschland GmbH & Co. KG, has been awarded an award of approximately $ 23 million Swedish Defense Materiel Administration (“FMV”) follow-up contract for the supply of additional software-defined radios (“SDR”) for the Swedish Armed Forces. The contract will be executed over a period of 30 months.

Following previous orders received since 2016 from FMV, Elbit Systems will now supply additional E-LynX Dual-channel SDR vehicle configurations, as well as vehicle configurations in full duplex multichannel technology, as part of from Sweden tactical radio upgrade program. SDR’s E-LynX family is designed with an open architecture approach, featuring unique waveforms and enabling adoption of European and NATO waveforms. The E-LynX SDR solution has been selected by several armed forces through Europe including Switzerland, Spain and other NATO countries.

Chaim Delmar, Managing Director of Elbit Systems C4I & Cyber, mentionned: “We appreciate the confidence placed in our digital communication capabilities by the Swedish armed forces, attesting to the technological quality and credibility of our solution. Sweden is an important market for Elbit Systems, and we hope to continue to develop our business in Sweden.

About Elbit Systems

Elbit Systems Ltd. is an international high-tech company engaged in a wide range of defense, homeland security and commercial programs around the world. The Company, which comprises 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-optical space systems, electronic warfare suites, signal intelligence systems, data links and communications systems, radios, cybernetic systems and ammunition. The Company is also focused on upgrading existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services including training systems. and simulation.

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Company contact:

Joseph gaspar, Executive Vice President and Chief Financial Officer

Phone. : + 972-4-8316663

[email protected]

Rami Myerson, Director, Investor Relations

Phone. : + 972-77-2948984

[email protected]

David Vaaknin, Vice-president, responsible for corporate communications

Phone. : + 972-77-2946691

[email protected]

Infrared contact:

Ehud Helft
Kenny Green

GK Investor Relations

Phone. : 1-646-201-9246

[email protected]

This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and Israel’s Securities Act. , 1968) concerning Elbit Systems Ltd. and / or its subsidiaries (collectively the Company), insofar as these statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward-looking statements are made in accordance with 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, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in the Company. his activities. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to various factors, including, without limitation: the scope and duration of customer contracts; government regulations and approvals; changes in government budget priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and United States among others; changes in global health and macroeconomic conditions; differences in the planned and actual performance of the program, including the ability to execute long-term fixed price contracts; changes in the competitive environment; and the outcome of legal and / or regulatory proceedings. The factors listed above are not exhaustive and further information is contained in the latest annual report of Elbit Systems Ltd. on Form 20-F, which is filed with the United States Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. Although the Company believes that the expectations reflected in the forward-looking statements contained in this document are reasonable, it cannot guarantee future results, level of activity, performance or achievements. In addition, neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, products, services and process names appearing in this press release are trademarks or service marks of Elbit Systems Ltd. or its affiliates. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference or use of a product, service or process other than those of Elbit Systems Ltd. does not imply the recommendation, endorsement, affiliation or sponsorship of this product, service or process by Elbit Systems Ltd. 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.

SOURCE Elbit Systems Ltd

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