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Elbit Systems Ltd.
Advanced Technology Center
P.O.B 539, Haifa 31053
Israel

Tel: 972-4-8316663
Fax: 972-4-8316944
Listen to Elbit Systems Ltd. Second Quarter 2018 Results Release
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Press Releases
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The Boeing Led Team, Including Elbit Systems’ Subsidiary Kollsman, Was Awarded The U.S. Strategic Border Initiative Project
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Haifa, Israel, September 21, 2006 – Elbit Systems Ltd. (NASDAQ Global Select Market: ESLT) announced today that the team led by The Boeing Company, in which Kollsman, Inc., an Elbit Systems of America company, is a team member, has been awarded today the U.S. Strategic Border Initiative Project (the “SBInet Project”). The SBInet Project is designed to provide the U.S. Department of Homeland Security with increased border security capabilities along more than 6,000 miles of the United States' borders.

Kollsman’s content for the SBInet Project is anticipated to reach a level that will be material to Elbit Systems and will be performed over a several-year period.

SBInet is a significant credential for the company’s homeland security business, according to Elbit Systems of America President & CEO Tim Taylor, but there are other, more profound benefits: “U.S. citizens and the federal government are very concerned about vulnerabilities on the porous U.S. northern and southern borders. The strategic and technological strengths we bring to the Boeing SBInet team will help to restore the safety and security that Americans have known for so long.”

About Kollsman

Kollsman, Inc., an Elbit Systems of America Company, headquartered in Merrimack, New Hampshire, is a leading supplier of avionic equipment, electrooptic systems and subsystems, vision based solutions and surveillance systems to the commercial aviation, defense and homeland security markets.

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and equipment. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.

Contacts

Company contact

Ilan Pacholder, Corporate Secretary and
VP Finance & Capital Markets
Elbit Systems Ltd.
Tel: 972-4 831-6632
Fax: 972-4 831- 6659
pacholder@elbit.co.il

IR Contacts
Ehud Helft/Kenny Green
GK International
Tel: 1-866-704-6710
Fax: 972-3-607-4711
ehud@gk-biz.com
kenny@gk-biz.com

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY’S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY’S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.


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