Elbit Systems Awarded a Contract to Supply E-LynX Software Defined Radio Solution for the Spanish Army

HAIFA, Israel,, November 26, 2020 / PRNewswire / – Elbit systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it has received a contract to supply E-LynX™ Software defined radio (“SDR”) solution for the Spanish Army Combat Battalion. The new battalion-level radio network is the first step in the program to modernize the Spanish combat radio network. The solution to be delivered includes hundreds of E-LynX hand-held SD systems for dismantled troops and automotive systems that will be installed on board a number of battle platforms. The contract, which is an amount that is not important for Elbit Systems, will be implemented in cooperation with Telefonica, SA (NYSE: TEF, BMD: TEF), over a period of six months.

The choice of E-LynX The SDR solution follows competitive technical and field assessments carried out by the Directorate-General for Arms and Materials (DGAM) of the Spanish Ministry of Defense, including a careful study of the ability to deploy future waveforms and to comply with strict security and anti-jamming standards. requirements. The E-LynX SDR solution that Elbit Systems will provide to the Spanish military is similar to the solutions recently selected by several other countries, including Switzerland,, Sweden and Israel, as radio solutions for their respective programs for modernization of the mobile network throughout the army.

Chaim Delmar, Executive Vice President and General Manager of Elbit Systems C4I and Cyber, commented: “We are proud of this prestigious selection as it highlights the growing recognition of E-LynX as the preferred SDR solution in Europe. Spain is an important market for Elbit Systems and we will continue to invest and expand our local capabilities and technologies in Spain. ”

About Elbit Systems

Elbit Systems Ltd. is an international high-tech company engaged in a wide range of defense programs, internal security systems and commercial programs around the world. The company, which includes Elbit Systems and its subsidiaries, operates in the fields of space, land and naval systems, command, control, communications, computers, intelligence and intelligence (“C4ISR”), unmanned aerial systems, advanced electro-optics, electro-optical space systems. EW kits, signal reconnaissance systems, data connections and communication systems, cyber-based radios and ammunition. The company also focuses on upgrading existing platforms, developing new defense technologies, national security and commercial applications, and providing a range of support services, including training and simulation systems.

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This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21F of the Securities Exchange Act of 1934, and the amended Israeli Securities Act. , 1968) concerning Elbit Systems Ltd and / or its subsidiaries (together with the Company), in so far as these statements do not relate to historical or current facts. Forecast statements are based on management’s current expectations, estimates, forecasts and assumptions about future events. Estimates are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act 1995, as amended. These statements are not a guarantee of future results and include certain risks, uncertainties and assumptions about the Company that are difficult to predict, including forecasts of the company’s future financial results, expected growth strategies and expected trends in its business. Therefore, actual future results, results and trends may differ materially from these forward-looking statements due to various factors, including, without limitation: the scope and duration of customer contracts; government regulations and approvals; changes in the priorities of the state budgeting; the general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and United States among others; changes in global health and macroeconomic conditions; differences in the expected and actual implementation of the program, including the possibility of implementation under long-term fixed price contracts; changes in the competitive environment; and the results of legal and / or regulatory proceedings. The factors listed above are not comprehensive and additional information is contained in the latest annual report of Elbit Systems Ltd. for Form 20-F, which is filed with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this publication. Although the Company believes that the expectations expressed in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. In addition, neither the Company nor any other person assumes any responsibility for the accuracy or completeness of any of these forward-looking statements. The company does not undertake to update its forward-looking statements.

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SOURCE Elbit Systems Ltd.