Elbit Systems Awarded $180 Million Purchase Order Under Framework Agreement to Supply First Three Watchkeeper X Tactical UAS to the Romanian Ministry of National Defense
HAIFA, Israel, June 21, 2023 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems") announced today, further to its announcement of December 21, 2022, that it received a first purchase order worth approximately $180 million to supply the first three out of a maximum seven Watchkeeper X tactical Unmanned Aerial Systems (UAS) as part of a framework contract with the Romanian Ministry of National Defense with a maximum value of approximately $410 million (1.89 billion Lei). The purchase order will be performed over a period of two years.
Under the purchase order, Elbit Systems will provide upgraded Watchkeeper X tactical UAS with advanced capabilities including the Spectro XR™ multi-spectral electro-optical payload, new communication capabilities and others.
The Watchkeeper X tactical, Dual Payload UAS is the UK export variant of the British Army manufactured by U-TacS, Elbit Systems' UK subsidiary in cooperation with Thales, and is a derivative of the Hermes™ UAS family. The Watchkeeper X is compatible with NATO standards enabling essential interoperability with NATO and other allied forces.
Yoram Shmuely, General Manager of Elbit Systems Aerospace: "We welcome this partnership with Romania and their trust in our solutions. We also appreciate the continued support and collaboration with the Israeli and UK governments and our business partners on the Watchkeeper program. The ongoing research and development we are investing in the Watchkeeper platform will enhance the capabilities of both the Romanian and British Armed forces to meet evolving operational requirements. This purchase order highlights the strong and growing relationship between Elbit Systems and Romania and illustrates the increased interest in our UAS platforms from countries across Europe and NATO."
About Elbit Systems
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 and communication systems, radios, cyber-based systems and munitions. The company also focuses on upgrading existing platforms, developing new technologies for defense, homeland security and commercial applications, and providing a range of support services, including training and simulation systems.
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Company Contact:
Dr. Yaacov (Kobi) Kagan, Executive VP - CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com
Dalia Bodinger, VP Communications & Brand
Tel: +972-547659998
dalia.bodinger@elbitsystems.com
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SOURCE Elbit Systems Ltd.
