Jointly-owned Elbit Systems Subsidiary Awarded Contract for Its Helmet Mounted Cueing System From the Royal Danish Air Force.Business and Technology Editors HAIFA, Israel--(BUSINESS WIRE)--June 19, 2000 Elbit Systems Ltd. (Nasdaq:ESLTF) ("the Company") today announced that Vision Systems International LLC ("VSI") of San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , jointly-owned by EFW Inc., Elbit Systems' subsidiary of Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , and by Kaiser Aerospace and Electronics Company of Foster City, California
Under this contract, VSI will produce and deliver its Helmet Mounted Cueing Systems ("HMCS") to the RDAF F-16 fleet. VSI is already under contract, through the Boeing Company, for the Joint Helmet Mounted Cueing System Joint Helmet Mounted Cueing System (JHMCS) is a US joint service helmet mounted display produced by VSI under contract to Boeing which projects information similar to head up display on the visor thereby allowing the aircrew to cue the weapons system to the direction the head is ("JHMCS JHMCS Joint Helmet Mounted Cueing System ") to provide its HMCS for the U.S. F-15, F-16, F/A-18 and F-22 aircraft. The JHMCS is a lightweight, compact, mission ready helmet mounted display optimized for both air-to-air and air-to-ground combat missions. The contract with the RDAF calls for delivery of systems in association with the Denmark's Lockheed Martin F-16 Mid-Life Upgrade (MLU) M3 Upgrade program. Denmark is the first MLU customer to select an HMCS for their F-16 aircraft, and it is anticipated other MLU countries such as The Netherlands, Norway, Belgium and Portugal will follow with installations of the same system. ABOUT ELBIT SYSTEMS Elbit Systems is engaged in a wide range of defense-related airborne, ground and command control and communications ("C3") programs throughout the world. The Company focuses on upgrading of existing military platforms and developing new technologies for defense applications. Forward looking statements with respect to the Company's business, financial condition and results of operations, in this release are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward looking statements, including, but not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors which are detailed from time to time in the Company's SEC filings. |
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