$70m. US army order for vehicle equipment, latest in series of Elbit contracts

Elbit will supply six Skylark Systems for use by the Australian armed forces in Iraq.

By AVI KRAWITZ
November 7, 2005 06:53
2 minute read.
skylark 88

skylark 88. (photo credit: )

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Defense electronics supplier Elbit Systems Ltd. said Sunday its US subsidiary EFW Inc has won a $70 million contract from the US Marine Corps Systems Command to supply equipment for use in its vehicles. EFW will develop, design, integrate, test, produce and install the equipment during 2006. In a separate deal, Elbit received an order for the "rapid deployment" of six of its Skylark mini-UAV (unmanned airborne vehicles) from the Australian army, the company announced Friday. Industry sources estimated the contract's value at approximately $5m. The Australian press quoted the country's defense minister Robert Hill as saying the system would be deployed immediately by Australian forces in Iraq. The Skylark system includes three air vehicles, a ground control station and day and night payloads. The deals follow a number of contract wins received by the company over the past week. Earlier, subsidiary Vision Systems received a $100m. order from Boeing Co. for 500 of its joint helmet mounted cueing system while Elbit company El-Op signed an agreement "worth several millions of dollars" with the French Space Agency for its electro space camera Venus. Elbit Systems has subsidiaries in the US, South America, Israel, and Europe, operating in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, advanced electro-optic, and space technologies. Shares in Elbit rose 0.3 percent to NIS 109.1 in Tel Aviv on Sunday

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS