Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems”) announced today that its subsidiary, Elbit Systems UK Ltd. (“Elbit Systems UK”), was awarded a contract valued at approximately $100 million (approximately £73 million) by Babcock International Group Plc. (LSE: BAB), to provide the Royal Navy with new Electronic Warfare capabilities under Increment 1 of the Maritime Electronic Warfare System Integrated Capability (MEWSIC) Program (“the Program”). The contract will be performed over a period of 13 years and will include in-service support.
Martin Fausset, CEO of Elbit Systems UK said: “We are proud to be in position to provide such an important capability to the Royal Navy. Elbit Systems UK will work with its local partners on developing and delivering these cutting edge technologies, creating high skilled jobs while providing operational sovereignty and freedom of action.”
Under the Program, Elbit Systems UK will design, manufacture and deliver maritime Electronic Warfare (EW) suites comprised of fully digital full-spectrum Radar Electronic Support Measures (RESM) and EW Command and Control (EWC2) systems. These latest generation technologies will enhance the situational awareness and anti-ship missile defense of front-line platforms and improve their capability to exploit the electromagnetic environment.
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, communications systems, radios, cyber-based systems and munitions.