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Elbit Systems’ Subsidiary, Cyclone, to Supply Boeing F-15 Components, Valued at $31 Million

Written by thomas · Filed Under Aeronautics News 

August 20, 2008

thomas

Haifa, Israel, 20 August, 2008 – Elbit Systems Ltd. (NASDAQ: ESLT) announced that its subsidiary, Cyclone Aviation Products Ltd. (Cyclone), has been awarded a contract by The Boeing Company valued at approx. US$31 million to supply structural components for its F-15 fighter jets.

The contract calls for the supply of external fuel tanks, pylons, horizontal stabilizers and gun access doors. Deliveries are scheduled between 2009 and 2011.

Yoram Shmuely, Co-General Manager of Elbit Systems Aerospace Division said: “We are proud to be selected by Boeing to supply key elements for the F15. This contract win reflects the trust and recognition we have established among major aviation manufacturers such as Boeing.”

About Elbit Systems:
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related 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 air vehicle (UAV) systems, 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 and developing new technologies for defense, homeland security and commercial aviation applications.

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