Elbit Systems wins $133m Latin American deal

The company will supply homeland security crime-fighting applications.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won a $133 million contract to supply homeland security applications to a customer in Latin America. The systems' advanced and unique technologies include command, control and intelligence capabilities operated via dedicated control centers. They are intended to play a major role in fighting crime, preventing violence and improving citizens' safety and security. The systems will be supplied over the coming year.

"This award is another significant milestone for Elbit Systems in the homeland security field, in which we are witnessing a growing demand worldwide. Our technological edge and vast operational experience in command and control missions for defense applications position us as market leaders for homeland security projects," said Elbit Systems president and CEO Bezhalel Machlis.

Published by Globes [online], Israel business news - www.globes-online.com - on May 28, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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