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Elbit Systems Awarded a $338 Million Contract to Supply the E-LynX Mobile Radio Network Solution for the Swiss Armed Forces

Haifa, Israel, December 17, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today, further to the Company’s report from October 29, 2019, that it was awarded an approximately $338 million contract by the Swiss Federal Department of Defense, Civil Protection and Sport to provide the Swiss Armed Forces with an army-wide tactical mobile Software Defined Radio (“SDR”) network solution under the Telecommunications Armed Forces (TK A) digitization program, Ersa mob Komm. The contract will be performed over a period of six years.

This contract award follows more than three years of extensive and competitive technical as well as field evaluations conducted by the Federal Office for Defense Procurement and the Swiss Armed Forces. The digital mobile network solution to be provided is based on the E-LynXTM family of open architecture SDR, enabling fast, reliable and secure communication across the Swiss Armed Forces. The army-wide E-LynX mobile network solution to be provided to the Swiss Army under this contract incorporates advanced waveforms and includes the SMARTmr™ routing solution as well as vehicular intercom.  

Haim Delmar, General Manager of Elbit Systems C4I and Cyber, commented: “Switzerland is a strategic market for us, and we will continue with our efforts to support the Swiss Armed Forces and expand our cooperation with the Swiss industry. This contract award underlines the growing recognition by European Armed Forces of the E-LynX mobile SDR solution as the favored enabler for advanced military mobile networking and digitization.”  


Elbit Systems E-LynX SDR Handheld
Elbit Systems E-LynX SDR

 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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