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Ongoing Story· Today

Elbit Systems Secures $200 Million in New Asian Defense Contracts

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YnetEconomy

Elbit Systems Secures $200 Million Deal for Asia-Pacific Surveillance Systems

Translated & summarized from Ynet by baba

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Hebrew · 1 newsroom

Elbit Systems has secured new contracts worth approximately $200 million from an Asia-Pacific country for aerial intelligence and surveillance systems. The five-year deal involves advanced target designation and pilot displays utilizing AI, and the new SPECTRO-12 system can be mounted on various platforms. Elbit attributes the product's success to Israel's combat experience and significant R&D investment, with the company also recently announcing a $235 million deal for missile systems to a European nation.

The story in 5 lines · by baba

  • Elbit Systems secured $200 million in contracts for aerial surveillance systems from an Asia-Pacific nation.
  • The five-year deal includes advanced intelligence gathering, target designation, and AI-powered displays.
  • The new SPECTRO-12 system is compact, suitable for drones and helicopters, and operates day and night.
  • Elbit credits Israel's combat experience and R&D for the product's market relevance and success.
  • The company recently announced a separate $235 million contract for missile systems to a European country.

Elbit Systems has been awarded contracts totaling approximately $200 million from an Asia-Pacific nation for aerial intelligence gathering and surveillance solutions. The deal, to be executed over five years, includes target designation and advanced pilot displays powered by artificial intelligence image processing.

The newly developed SPECTRO-12 surveillance system can be mounted on various platforms, including drones, helicopters, ships, and ground vehicles, and operates effectively in both day and night conditions. This marks the first major contract for this new product, which Elbit won in a competitive tender against international and Israeli firms.

Elbit stated that Israel's extensive combat experience, particularly from recent years, significantly influences its product development and market relevance. "Israeli combat experience affects almost everything," the company noted, explaining that this experience helps them understand modern battlefield needs and develop effective operational solutions. The company highlighted the demand for the SPECTRO-12, supported by substantial R&D investment.

Arieh Tchernobroov, Senior Vice President for Electro-Optics Systems, described the SPECTRO-12 as a new system in the SPECTRO family, offering day/night vision, laser target designation for long ranges, and the ability to track targets in challenging weather and complex operational environments. He emphasized that new technologies have enabled a significant reduction in the system's size and weight, allowing for its integration onto drones and helicopters without compromising resolution or performance.

This contract follows another significant deal announced last week, where Elbit secured $235 million to supply missiles and PULSE launchers to a European country. Bezalel Machlis, President of Elbit, commented that the company's aerial solutions effectively combine advanced technologies with extensive operational experience across diverse aerial missions.

YnetCentre · Rishon LeZion

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