12/23/2024 | Press release | Distributed by Public on 12/23/2024 06:06
Ulm, Germany, December 23, 2024 - Elbit Systems Deutschland has received an order from Lufthansa Technik to equip the German government's Airbus A350 aircraft with Elbit's advanced J-MUSIC™ Directed Infrared Countermeasures (DIRCM) self-protection systems. This order follows the decision made by the Federal Office for Equipment, Information Technology and Operations of the Bundeswehr (BAAINBw). The contract, which will be executed over a five-year period, marks the first installation of Elbit's DIRCM system on an A350 aircraft and adds to the growing list of contracts and aircraft models the company has secured in recent years for its cutting-edge DIRCM technology.
Wolfgang Bauer, CEO of Elbit Systems Deutschland : "We are proud to be working with Lufthansa Technik on this important project and look forward to further strengthening the impact and trust in our solutions."
"As threats continue to increase, more and more nations are turning to Elbit Systems' self-protection solutions to protect their fleets" said Oren Sabag, General Manager of Elbit Systems ISTAR & EW . "Our DIRCM technology has consistently demonstrated its reliability and effectiveness, solidifying its position as a market leader and innovator in this important field," he added.
"The Special Mission Air Wing is responsible for Germany's political-parliamentary flight operations. In view of increasing global instability and regional conflicts, the use of MANPADS by non-state actors, among others, poses a concrete threat," said Michael von Puttkamer, Vice President Special Aircraft Services at Lufthansa Technik . "The security situation demands that Germany ensures the protection of its own leadership. We are therefore proud of this lighthouse project with Elbit Systems and Airbus and look forward to contributing our expertise."
Elbit Systems' J-MUSIC™ DIRCM system is specifically designed to protect aircraft from advanced surface-to-air missiles. The system integrates advanced laser technology with state-of-the-art imaging technology. It is deployed on various military and commercial platforms worldwide, providing proven, high-quality protection and solidifying its position as the preferred solution for protecting these platforms.
With the ability to counter evolving threats, Elbit Systems' DIRCM systems provide reliable performance, flexibility and seamless integration across multiple aircraft types, increasing the safety of critical missions and airborne personnel.
About Elbit Systems
Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.
Driven by its agile, collaborative culture, and leveraging Israel's technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.
The Company reported as of September 30, 2024 approximately $1.7 billion in revenues and an order backlog of approximately $22.1 billion.
For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.
Company Contact:
Dr. Yaacov (Kobi) Kagan, ExecutiveVP - CFO
Tel: +972-77-2946663
Daniella Finn, VP, Investor Relations
Tel: +972 -544-262636
Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.
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