Elbit Systems Brazilian Subsidiary, AEL Sistemas S.A., Awarded $15 Million Initial Production Order to Supply Unmanned Turrets to the Brazilian Army

The order is the first part of a framework contract, awarded in 2011, valued at $260 million, for the supply of Unmanned Turrets to be installed onboard IVECO 6X6 Armored Personnel Carriers (APCs) as a part of the Brazilian Army's Guarani Project

HAIFA, Israel, September 13, 2012 /PRNewswire/ --

Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that its Brazilian subsidiary AEL Sistemas S.A. , was awarded an initial production order valued at $15 million as part of the Guarani Project. The supply of these systems, which will be installed onboard Iveco 6x6 APCs, will be completed within two years.
This announcement is further to Elbit System's announcement on January 6, 2011 regarding the award of a framework contract valued at approximately $260 million for the supply of UT30 BR 30mm Unmanned Turrets to the Brazilian Army's Land Forces.

About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.