An Army in South Asia will appreciate the vehicular tactical radio systems that will be installed as a result of Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems”) being awarded a $127 million contract to supply the vehicular tactical radio systems. The contract will be performed over a three-year period.
The radios to be supplied will include several configurations for integration onboard a range of armored fighting vehicles and tanks at the battalion and company levels.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented that they are pleased with this contract award which shows that customers recognize the advantages of their radio systems. They believe that there is a significant growth potential for their communications and command and control solutions as armed forces increasingly seek to build up their networked warfare capabilities.