Tuesday, April 30, 2024

Elbit Systems Awarded a $72 Million Contract to Supply Hermes 900 Unmanned Aircraft Systems

Elbit Systems Ltd. announced that it was awarded a contract valued at $72 million to supply Hermes™ 900 Unmanned Aircraft Systems (UAS) and training capabilities to an international customer. The contract will be performed over a two-year period.

Under the contract, Elbit Systems will supply Hermes 900 UAS equipped with the SkEye™ Wide Area Persistent Surveillance system, SPECTRO™ XR multi-spectral Electro-Optical payload, Satellite Communication, Signal Intelligence (SIGINT) payloads and additional capabilities.

The Hermes 900 UAS has been selected to-date by more than 15 customers attesting to its competitive edge combining technological sophistication, reliability, open architecture and a solid growth path.

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Yoram Shmuely, General Manager of Elbit Systems Aerospace, commented: “This contract is another vote of confidence in the Hermes family of UAS. We are witnessing growing demand around the globe for our unmanned solutions that are capable of effective integration with manned forces to address the rapidly evolving threats in all domains of operation.”

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 communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended.

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