Software-defined radios for Spanish Army to be provided by Elbit Systems

HAIFA, Israel,
Nov. 26, 2020
/PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract to supply the E-LynX™
Software Defined Radio (“SDR”) solution for the gainsay battalion level of the Spanish Army. The new radio network for the battalion level is a first step in the Spanish gainsay radio network modernization program. The solution to be supplied comprises hundreds of handheld E-LynX SDR systems for dismounted soldiers and vehicular systems that will be installed onboard a range of combat platforms. The contract, which is in an amount that is not material to Elbit Systems, will exist performed in cooperation with Telefonica, S.A. (NYSE: TEF, BMD: TEF), within a period of half dozen-months.

The choice of the Due east-LynX
SDR solution follows competitive technical and field evaluations conducted by the Directorate-General for Armament and Cloth (DGAM) of the Spanish Ministry of Defense, including a close examination of the capability to implement future waveforms and to comply with strict security standards and anti-jamming requirements. The E-LynX SDR solution that Elbit Systems will provide to the Spanish Army is similar to the solutions that have recently been selected by several other countries, including
Switzerland,
Sweden
and
State of israel, equally the radio solutions for their respective regular army-wide mobile network modernization programs.

Haim Delmar, Executive Vice President and General Manager of Elbit Systems C4I and Cyber, commented: “We are proud of this prestigious selection every bit it underscores the growing recognition of Eastward-LynX as the favored SDR solution in
Europe.
Spain
is an important market for Elbit Systems, and we volition continue to invest and aggrandize our local capabilities and technologies in
Spain.”

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the globe. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, control, command, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-eyes, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company likewise focuses on the upgrading of existing platforms, developing new technologies for defence force, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional data, visit: https://elbitsystems.com/, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, equally amended, Department 21E of the Securities Substitution Act of 1934, as amended and the Israeli Securities Police, 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. Frontwards-looking statements are based on management’s current expectations, estimates, projections and assumptions about hereafter events. Forward–looking statements are made pursuant to the rubber harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are non guarantees of future operation and involve certain risks, uncertainties and assumptions well-nigh the Visitor, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and predictable trends in its business.  Therefore, actual hereafter results, functioning and trends may differ materially from these forrad–looking statements due to a variety of factors, including, without limitation: telescopic and length of client contracts; governmental regulations and approvals; changes in governmental budgeting priorities; full general market, political and economical conditions in the countries in which the Company operates or sells, including
Israel
and
the Usa
among others; changes in global wellness and macro-economic conditions; differences in anticipated and actual plan performance, including the ability to perform under long-term fixed-cost contracts; changes in the competitive environment; and the upshot of legal and/or regulatory proceedings.  The factors listed above are non all-inclusive, and further data is contained in Elbit Systems Ltd.’southward latest annual report on Form 20-F, which is on file with the U.South. Securities and Substitution Commission. All forward–looking statements speak just as of the date of this release. Although the Company believes the expectations reflected in the forrad-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Visitor nor whatever other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its frontwards-looking statements.

Elbit Systems Ltd., its logo, brand, production, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.  All other brand, production, service and process names appearing are the trademarks of their corresponding holders.  Reference to or apply of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nil independent herein shall be construed as conferring past implication, estoppel or otherwise any license or right under whatsoever patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

SOURCE Elbit Systems Ltd.