Elbit Systems Brazilian Subsidiary Bags $15 Million As Award

AEL Sistemas S.S., was awarded $15 million as part of the Guarani Project

Elbit Systems Ltd. ("Elbit Systems") announced recently that its Brazilian subsidiary AEL Sistemas S.A. , was awarded an initial production order valued at $15 million as part of the Guarani Project. The supply of these systems, which will be installed onboard Iveco 6x6 APCs, will be completed within two years.

This announcement is further to Elbit System's announcement on January 6, 2011 regarding the award of a framework contract valued at approximately $260 million for the supply of UT30 BR 30mm Unmanned Turrets to the Brazilian Army’s Land Forces.