Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) announced today that it has been awarded a $167 million contract from an Asia-Pacific country to supply a comprehensive aerial Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) solution. The contract will be performed over a 20-month period. RELATED ARTICLES Elbit wins $52m UK battlefield management deal Elbit Systems wins $173m Asian naval deal Elbit to acquire IMI Systems next week for NIS 1.9b Elbit Systems president and CEO Bezhalel (Butzi) Machlis said, "We are witnessing a growing demand for the comprehensive UAS-based ISTAR solutions that we offer as customers increasingly seek wider capabilities in order to effectively and efficiently respond to a broadening range of operational needs. I am optimistic about our growth potential in this area as our extensive portfolio is uniquely aligned with this developing trend." Published by Globes, Israel business news - en.globes.co.il - on November 14, 2018 © Copyright of Globes Publisher Itonut (1983) Ltd. 2018
