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Elbit systems' subsidiary in Australia awarded $150M contract to supply TLS Services to the ADF

Jan. 25, 2018 6:31 AM ETElbit Systems Ltd. (ESLT) StockESLTBy: Niloofer Shaikh, SA News Editor1 Comment
  • Elbit Systems of Australia Pty Ltd., a subsidiary of Elbit Systems (NASDAQ:ESLT) was awarded a $150M contract by the Australian Department of Defence's Capability Acquisition and Sustainment Group to provide Through Life Support (TLS) services to the Australian Defence Force (ADF) for the Battle Management System Command and Control (BMS C2).
  • The contract is for a five-year base period.
  • Yehuda (Udi) Vered, General Manager of Elbit Systems Land and C4I, said, "We are proud to be selected by the Australian Department of Defence for the supply of TLS services for the BMS C2 system. The ADF is a strategic partner of Elbit Systems and this contract represents the long-term commitment of Elbit Systems to support the ADF digitization effort. This is a major contract for Elbit Systems of Australia that will significantly enhance and strengthen its local engineering and support capabilities."
  • Press Release

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