elbit-systems-awarded-$16-million-contract-to-supply-xact-night-vision-goggles-to-uk-armed-forces

Elbit Systems Awarded $16 Million Contract to Supply XACT Night Vision Goggles to UK Armed Forces

 

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that its UK subsidiary, Elbit Systems UK Limited. (“Elbit Systems UK”), was awarded an approximately $16 million (approximately £11.5 million) initial contract by the UK Ministry of Defence to provide the UK Armed Forces with XACT Night Vision Goggles (“NVG”). The initial contract will be performed over an 18-month period with the potential for additional follow-on orders over a period of five years.

Under the contract, Elbit Systems UK will supply the lightweight micro binocular XACT nv33 NVGs in a helmet-mounted configuration. XACT nv33 NVG improves mission efficiency during dark conditions and enables safe, off-road vehicle driving without headlights. Systems from the XACT family have been selected by a number of NATO countries including Germany and the Netherlands, as well as by Israel, and are operationally proven.

Martin Fausset, CEO of Elbit Systems UK, said: “The XACT nv33 NVG systems have already been proven to enhance the operational effectiveness of several militaries around the world and we are pleased with the opportunity to provide this capability to the UK. The manufacturing and delivery of the XACT nv33 NVGs will create more skilled jobs in the UK and demonstrate freedom of action and value for money to the UK customer”.

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