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Elbit Systems (NASDAQ:ESLT) – Elbit Systems of America awarded – Press Release

Haifa, Israel, September 12, 2022 /PRNewswire/ — Elbit Systems Ltd. ESLT ESLT (“Elbit Systems”) announced today that its US subsidiary Elbit Systems of America LLC (“Elbit Systems of America”) has been awarded a 10 million dollars Contracted by SOSSEC, Inc. to begin Phase II development of an Advanced Low Light Level Sensor (ALLLS) to be used in support of the US Army’s Integrated Visual Augmentation System (IVAS) 2.0 for soldiers. That contract will be completed by 2025 and work will be conducted in Roanoke, Virginia.

SOSSEC, Inc. manages the System of Systems Consortium (SOSSEC) and the Sensors, Communications, and Electronics Consortium (SCEC) through the life cycle of the US Department of Defense’s Other Transaction Authority project.

Under the terms of the contract, Elbit Systems of America will develop several prototype cameras for laboratory and field testing and experimentation by its night vision team. The ALLLS is a critical component of the US Army’s IVAS 2.0 concept, which integrates next-generation situational awareness tools and high-resolution digital sensors to provide a single operational picture. The IVAS 2.0 is said to be a significantly improved head-up display that will dramatically improve how a soldier perceives the environment and makes key decisions on the battlefield.

Raanan HorowitzPresident and CEO of Elbit Systems of Americasaid: “Innovation is what we do. Our workforce understands that breakthrough innovations require bold ideas and execution. We are committed across the company to developing new skills for our customers. We look forward to focusing on the ALLLS project and meeting the needs of the US Army while learning new methods in the process.”

About Elbit systems

Elbit Systems Ltd. is an international high-tech corporation involved in a wide range of defense, homeland security and commercial programs worldwide. The company, which includes Elbit Systems and its subsidiaries, is active in…

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