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Elbit Systems Awarded a $300 Million Contract to Supply Hermes 900 Unmanned Aircraft Systems to a Country in Asia

HAIFA, Israel, March 2, 2021 /PRNewswire/ --A Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)("Elbit Systems" or "the Company") announcedA today thatA it was awarded an approximately $300 million contract by a country in Asia to provide HermesTM 900A Unmanned Aircraft SystemsA ("UAS"). The contract will be performed over a period of five years.Under the contract, the Company will provide its Hermes 900 UAS and associated sub-systems, as well as maintenance and support services.A The Hermes 900 UAS has been selected to date, by 12 countries, attesting to its competitive edge that combines technological sophistication, reliability, open architecture and a solid growth path.Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "There is a continuous demand for integrating unmanned systems to cope with a growing variety of operational needs. Our operational portfolio of autonomous capabilities, in all domains of operation, positions us competitively to address these needs."About Elbit Systems Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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