Elbit Systems Clinches $78 Mln Contract For Advanced Intelligence Systems

(RTTNews) - Elbit Systems Ltd. (ESLT) said it was awarded a contract from a European country to supply an Unmanned Aircraft System or UAS-based cutting-edge intelligence solution. The contract is valued at about $78 million.

The contract will be performed over a two-year period by Elbit Systems' ISTAR Division, established several months ago, as a result of combining the company's Electro-optics - Elop and UAS Divisions.

Elbit Systems' solution will consist of Advanced Multi-Sensor Payload System or AMPS, a multi-sensor electro-optics system capable of long-range visual intelligence for both day and night.

The system is adaptable for a large variety of airborne applications and serves as an important building block for the integrated intelligence solution.