Elbit Systems will deliver turrets, machine guns and mortar systems to the Romanian Army

"Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) announced today that its Romanian subsidiary, Elmet International SRL, has been awarded a $120 million follow-on contract from General Dynamics European Land Systems (GDELS) for the supply of remote-controlled turrets, remote-controlled machine guns (RCWS) and mortar systems for the armored personnel carrier of the Romanian Armed Forces. The works will be carried out in Romania for a period of three years", Elbit representatives say.

Under the contract, Elbit Systems will supply the UT30 MK2 turrets, RCWS and SPEAR mortar systems, all fully integrated aboard the GDELS "Piranha V" APC. The UT30 MK2 from Elbit Systems is a lightweight 30mm unmanned turret that integrates combat systems, fire control systems, sensors and display systems for enhanced combat effectiveness and target identification capabilities. "The award of this follow-on contract represents yet another vote of confidence in Elbit Systems' portfolio of armored platform solutions. I believe that expanding our integration and manufacturing capability in Europe strengthens our ability to meet the growing demand for advanced and proven capabilities for armored platforms," says Bezhalel Machlis, Elbit Systems President and CEO. Elbit Systems, as sole shareholder, founded four Romanian production units: -Simultec (Măgurele) - Produces simulators for the air, land and naval forces, develops software programs and hardware integration. -A/E Electronics (Bacău) - Produces and tests electronic sub-assemblies, for military and civilian purposes -Elmet (Bacău) - Produces electromechanical systems and subsystems, including manned and remote-controlled towers (12.7mm/25mm/30mm) - Elmet Măgurele Production unit for land systems that will function as a production and integration center for turrets and battle stations contracted by Elbit Systems within local programs, but also as a regional hub designed to cover the demand for such systems for other countries.

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