HAIFA, Israel, Oct. 28, 2024 /PRNewswire/ — Elbit Methods Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) introduced lately that it was once awarded an roughly $200 million guarantee through the Israeli Ministry of Protection (IMOD) to offer high-power laser methods for the “Iron Beam” breeze protection device.
Underneath the guarantee, Elbit Methods will provide the IMOD, below the “Iron Beam” mission, its high-power laser resolution, advanced through the Corporate to grant a powerful protection in opposition to numerous blackmails. Moreover, the guarantee comprises ongoing assistance services and products.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Methods: “As Israel’s Laser Center and a global leader in high-power laser technology, Elbit Systems congratulates on the significant progress made in the “Iron Beam” project and is proud of its contribution to its success. The capabilities developed at Elbit Systems represent a leap forward in future defense against various threats.”
About Elbit Methods
Elbit Methods is a chief world protection generation corporate, handing over complex answers for a retain and more secure global. Elbit Methods develops, manufactures, integrates and sustains a area of next-generation answers throughout a couple of domain names.
Pushed through its agile, collaborative tradition, and leveraging Israel’s generation ecosystem, Elbit Methods allows consumers to deal with hastily evolving battlefield demanding situations and conquer blackmails.
Elbit Methods employs over 20,000 public in dozens of nations throughout 5 continents. The Corporate reported as of June 30, 2024, roughly $1.6 billion in revenues and an line backlog of roughly $21.1 billion.
For extra data, seek advice from: https://elbitsystems.com, apply us on Twitter or seek advice from our professional Facebook, Youtube and LinkedIn Channels.
Corporate Touch:
Dr. Yaacov (Kobi) Kagan, Govt VP – CFO
Tel: +972-77-2946663
[email protected]
Dr. David Ravia, Investor Members of the family
Tel: +972-77-2947169
[email protected]
Dalia Bodinger, VP, Verbal exchange & Emblem
Tel: 972-77-2947602
[email protected]
This press drop would possibly include ahead–browsing statements (inside the that means of Category 27A of the Securities Work of 1933, as amended, Category 21E of the Securities Alternate Work of 1934, as amended, and the Israeli Securities Legislation, 1968) referring to Elbit Methods Ltd. and/or its subsidiaries (jointly the Corporate), to the level such statements don’t relate to historic or stream info. Ahead-looking statements are in keeping with control’s stream expectancies, estimates, projections and guesses about date occasions. Ahead–browsing statements are made pursuant to the preserve harbor provisions of the Personal Securities Litigation Reform Work of 1995, as amended. Those statements don’t seem to be promises of date efficiency and contain positive dangers, uncertainties and guesses concerning the Corporate, that are tricky to expect, together with projections of the Corporate’s date monetary effects, its expected enlargement methods and expected traits in its industry. Subsequently, fresh date effects, efficiency and traits would possibly vary materially from those ahead–browsing statements because of numerous elements, together with, with out limitation: scope and territory of shopper assurances; governmental laws and approvals; adjustments in governmental budgeting priorities; common marketplace, political and financial statuses within the nations during which the Corporate operates or sells, together with Israel and the USA, amongst others, together with the period and scope of the stream conflict in Israel, and the prospective affect on our operations; adjustments in world condition and macro-economic statuses; variations in expected and fresh program efficiency, together with the facility to accomplish below long-term fixed-price assurances; adjustments within the aggressive state; and the result of felony and/or regulatory lawsuits. The standards indexed above don’t seem to be all-inclusive, and additional data is contained in Elbit Methods Ltd.’s untouched annual record on Mode 20-F, which is on record with the U.S. Securities and Alternate Fee. All ahead–browsing statements talk handiest as of the presen of this drop. Even though the Corporate believes the expectancies mirrored within the forward-looking statements contained herein are affordable, it can’t promise date effects, stage of job, efficiency or achievements. Additionally, neither the Corporate nor any alternative particular person assumes accountability for the accuracy and completeness of any of those forward-looking statements. The Corporate does no longer adopt to replace its forward-looking statements.
Elbit Methods Ltd., its emblem, logo, product, carrier and procedure names showing on this drop are the logos or carrier marks of Elbit Methods Ltd. or its affiliated corporations. All alternative logo, product, carrier and procedure names showing are the logos in their respective holders. Connection with or importance of a product, carrier or procedure alternative than the ones of Elbit Methods Ltd. does no longer suggest advice, goodwill, association or sponsorship of that product, carrier or procedure through Elbit Methods Ltd. Not anything contained herein will probably be construed as conferring through implication, estoppel or another way any license or proper below any patent, copyright, trademark or alternative highbrow feature proper of Elbit Methods Ltd. or any 3rd birthday party, apart from as expressly granted herein.
SOURCE Elbit Methods Ltd.
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