Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that its Brazilian subsidiary AEL Sistemas S.A. , was awarded an initial production order valued at $15 million as part of the Guarani Project. The supply of these systems, which will be installed onboard Iveco 6×6 APCs, will be completed within two years.
This announcement is further to Elbit System's announcement on January 6, 2011 regarding the award of a framework contractvalued at approximately $260 million for the supply of UT30 BR 30mm Unmanned Turrets to the Brazilian Army’s Land Forces.
