Follow-on Order for $82 Mllion

Elbit Systems announced on 29 March it has won a contract, valued at approximately $82 million, to supply its comprehensive CONDOR 2 electro-optic solution to an Asia-Pacific country.

Elbit Systems will collaborate with Israel Aerospace Industries’ (IAI) ELTA Systems, which is supplying additional equipment to the same customer, over a four-year period. The contract is a follow-on order for the company from this customer, which will use CONDOR 2 in ISTAR missions.

“We are proud of this follow-on contract award, attesting to our customer’s satisfaction from the quality of our leading solutions, well suited for the global intelligence needs,” Elad Aharonson, General Manager of Elbit Systems ISTAR Division, commented. “Our ISTAR systems and solutions enable customers to carry out effective and flexible ISTAR operations. We see a strong and growing global demand for ISTAR solutions, and believe that other customers will follow this Asia-Pacific customer and select our systems for their needs.”