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Elbit Systems Ltd. announced that its wholly-owned Israeli subsidiary Elbit Systems – Cyclone Ltd. was awarded an approximately $80 million contract for the supply of structural components to The Boeing Company. The contract will be performed over seven years.
Yoram Shmuely, Co-General Manager of Elbit Systems’ Aerospace Division, commented: "We are proud to have been selected, once again, by Boeing to supply structural parts. This contract represents another step in positioning Cyclone as a major supplier to leading aerospace companies and other customers. It also reflects the recognition and trust we have established with Boeing in our many years of working together .We believe this contract with Boeing will pave the way for further business in the fast-growing aerostructures market, characterized by advanced technologies and innovative composite materials.”
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services.
More information: www.elbitsystems.com