Elbit Systems Ltd.: Elbit Systems Awarded Contracts Worth $175 Million to Supply EW and DIRCM Self-Protection Suites to a NATO European Country

• The contracts include the installation of the EW Systems on Embraer C-390 Millenium aircraft and Airbus H225M helicopters.
• These add to several other contracts awarded to the company over the past year for equipping various fixed-wing and rotary-wing aircraft, including Chinook and H145M helicopters, with its advanced Self-Protection Suite.

HAIFA, Israel, Dec. 10, 2024 /PRNewswire/ -- Elbit Systems Ltd. announced today that it was awarded two contracts with an aggregate value of approximately $175 million for the supply of EW (Electronic Warfare) and DIRCM (Directed Infrared Countermeasure) Self-Protection Suites to a NATO European country. The contracts will be performed over a period of five years.

Under the contracts, Elbit Systems will deliver its Self-Protection Suites for installation on the country's Embraer C-390 Millenium aircraft and Airbus H225M helicopters. Additionally, the C-390 contract includes an agreement with another European country, providing for the delivery of the Advanced EW suite for installation on its Embraer C-390 Millenium aircraft.

The state-of-the-art EW and DIRCM Self-Protection Suite, to be installed on both platforms, provides enhanced defense capabilities by autonomously detecting, analyzing, and countering a wide range of threats. The suite includes Elbit Systems' advanced Digital Radar Warning Receiver, IR Missile Warning System (MWS), Laser Warning System (LWS), Countermeasure Dispenser System (CMDS), and the MUSIC family DIRCM System. Additionally, as part of the C-390 contract, Elbit Systems will provide its SPEAR Advanced ECM (AECM) Pod, which can be easily installed and transferred between aircraft on the flight line.

"With our EW Self-Protection Suites installed on over 30 aircraft types and deployed across multiple countries, including several NATO members, Elbit Systems is recognized as a global leader in Electronic Warfare and DIRCM technology." said Oren Sabag, General Manager of Elbit Systems ISTAR & EW. "These new contracts further reinforce our global position in the area of airborne Self-Protection Suites." He added, "Our advanced modular design allows continuous updates, ensuring adaptation to evolving threats and providing a rapid response to enhance the safety of both aircrews and platforms."

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel's technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.

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This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States, among others, including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

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