June 5, 2008
Elbit Systems of America Subsidiary Presented Platinum Source Preferred Supplier Award from Northup Grumman
Honored as a Two-Year Recipient
Merrimack, NH - Elbit Systems of America,
Merrimack Operations’ subsidiary Kollsman, Inc., was recognized by Northrop
Grumman Corporation as a Platinum Source Preferred Supplier, for the second year in
a row, during the "2007 Supplier of the Year" awards ceremony held in Manhattan
Beach, California in April of this year. This award ceremony recognized companies that
have consistently produced and delivered top quality parts and services for Northrop
Grumman’s Integrated Systems sector during the past year.
Elbit Systems of America, Merrimack, New Hampshire site, supplies Northrop Grumman
with advanced air data products. Other sites and subsidiaries of Elbit Systems of
America provide additional products to Northrop Grumman, including semi-active laser
seekers, advanced communications power amplifiers and others.
Raanan Horowitz, President and Chief Executive Officer of Elbit Systems of America,
stated, “We are pleased to be recognized by Northrop Grumman for performance
excellence and to be able to provide our customers value-added contributions towards
achieving their vision. This award is a testament to the dedication and hard work of our
employees and demonstrates our commitment to fostering a trusting relationship with
customers such as Northup Grumman, supporting them across a variety of programs."
About Elbit Systems of America, LLC
Elbit Systems of America, LLC is a leading global provider of high performance products
and system solutions focusing on the defense, homeland security, commercial aviation
and medical instrumentation markets. With facilities throughout the United States, Elbit
Systems of America is dedicated to supporting those who contribute daily to the safety
and security of the United States. Elbit Systems of America, LLC is wholly owned by
Elbit Systems Ltd. (NASDAQ: ESLT), a global electronics company engaged in a wide
range of programs for innovative defense and commercial applications.
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 electrooptics,
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.
Trademarks
Elbit Systems of America and other trademarks, service marks and logos are registered
or unregistered marks of Elbit Systems of America companies in the United States and
in foreign countries. Copyright © 2008 Elbit Systems of America. All rights reserved.
Forward Looking Statement
This press release contains forward-looking statements (within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or companies in
the Elbit Systems Group, to the extent such statements do not relate to historical or
current fact. Forward Looking Statements are based on management’s expectations,
estimates, projections and assumptions. 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 and uncertainties, which are difficult to predict. 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 Elbit Systems Group operates or sells, including Israel and the United States
among others; differences in anticipated and actual program performance, including the
ability to perform under long-term fixed-price contracts; 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. Elbit Systems does not undertake
to update its forward-looking statements.
For Information Contact:
Kim Cushman
Tel: 603-886-2273
E-mail: kcushman@kollsman.com
