Elbit Systems Awarded $100 Million Contract To Provide Electronic Warfare Capabilities To Royal Navy
Elbit Methods Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Methods”) introduced immediately that its subsidiary, Elbit Methods UK Ltd. (“Elbit Methods UK”), was awarded a contract valued at roughly $100 million (roughly £73 million) by Babcock Worldwide Group Plc. (LSE: BAB), to offer the Royal Navy with new Digital Warfare capabilities below Increment 1 of the Maritime Digital Warfare System Built-in Functionality (MEWSIC) Program (“the Program”). The contract will likely be carried out over a interval of 13 years and can embrace in-service help.
Martin Fausset, CEO of Elbit Methods UK mentioned: “We’re proud to be in place to offer such an essential functionality to the Royal Navy. Elbit Methods UK will work with its native companions on growing and delivering these innovative applied sciences, creating excessive expert jobs whereas offering operational sovereignty and freedom of motion.”
Underneath the Program, Elbit Methods UK will design, manufacture and ship maritime Digital Warfare (EW) suites comprised of totally digital full-spectrum Radar Digital Assist Measures (RESM) and EW Command and Management (EWC2) techniques. These newest technology applied sciences will improve the situational consciousness and anti-ship missile protection of front-line platforms and enhance their functionality to use the electromagnetic atmosphere.
Elbit Methods Ltd. is a global excessive know-how firm engaged in a variety of protection, homeland safety and industrial applications all through the world. The Firm, which incorporates Elbit Methods and its subsidiaries, operates within the areas of aerospace, land and naval techniques, command, management, communications, computer systems, intelligence surveillance and reconnaissance (“C4ISR”), unmanned plane techniques, superior electro-optics, electro-optic area techniques, EW suites, sign intelligence techniques, information hyperlinks, communications techniques, radios, cyber-based techniques and munitions.
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