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BAE Systems, Elbit Systems of America team to shape the future of Army combat vehicles

FALLS CHURCH, Virginia/FORT WORTH, Texas — BAE Systems and Elbit Systems of America have teamed up to develop and integrate advanced operational capabilities for combat vehicles. The arrangement is focused on validating and integrating new technologies on combat vehicle systems to deliver advanced warfighting capabilities.

BAE Systems is an industry leader in the design, integration, production, and support of innovative combat vehicles. Elbit Systems of America is a world leader in the design and integration of advanced turret solutions. This teaming arrangement will explore crew automation, vehicle protection systems, and other defensive and offensive systems for integration into turrets of various cannon calibers and supporting weapon systems for combat vehicles.

“BAE Systems and Elbit Systems of America are investing in transformational combat vehicle technologies and turret solutions that will greatly enhance the lethality and survivability of next-generation combat vehicles for the U.S. and international militaries,” said Jim Miller, director of business development at BAE Systems. “Our relationship demonstrates a commitment to provide our customers with solutions for future battlefields based on our collective combat vehicle expertise.”

BAE Systems and Elbit Systems of America will leverage their comprehensive experience for the evaluation, demonstration, and validation of multiple mission payloads and capabilities for the next generation of combat systems.

“The Elbit Systems of America team is excited to partner with BAE Systems and for the opportunities that come with that relationship,” said Ridge Sower, vice president of ground combat and precision targeting at Elbit Systems of America. “Our broad portfolio of mission-enhancing solutions and technologies, coupled with BAE Systems’ proven track record for providing highly effective combat systems, will greatly benefit warfighters as they face new challenges and needs.”

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

 

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David Vaaknin

Vice President, Head of Corporate Communications

Dana Tal Noyman

Manager International Corporate Communications

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. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

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