EOS 4.71% $1.34 electro optic systems holdings limited

How does EOS compare to Elbit Systems Ltd?HAIFA, Israel, August...

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    How does EOS compare to Elbit Systems Ltd?

    HAIFA, Israel, August 17, 2011 /PRNewswire via COMTEX/ --

    Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded contracts by several customers in Asia to supply many dozens of observation systems for maritime patrol aircraft, vessels and observation towers. The total value of these new contracts is approximately $20 million, to be supplied over three years.

    Under the above mentioned contracts, Elbit Systems Electro-optics Elop Ltd. ("Elop") will deliver various payloads from the CoMPASS? family, including also the Micro CoMPASS?, an extremely lightweight electro-optical system already in use by world leading armies, as well as the DCoMPASS?, a highly advanced system that provides users with exceptionally high resolution digital imagery for both day and night. DCoMPASS? is installed onboard patrol aircraft, unmanned aircraft systems (UAS), coastguard vessels and frigates that demand long-range observation, aiming and target designation and tracking. These contracts follow Elbit Systems' award, approximately three months ago, of another $20 million contract, to supply an Asian country with dozens of CoMPASS? payloads for maritime patrol aircraft.

    Elbit Systems' Dual Remote Weapon Station. The DRWS provides the operator with the advantage of using both 40 mm grenades with a lethal surface affect, as well as a 7.62 mm machine gun used for specific targets. The new Dual Remote Weapon Station (DRWS) is a derivative of Elbit Systems? RCWS-M.



    CROWS:

    In August 2007 KONGSBERG was awarded the prestigious contract of CROWS II (Commonly Remotely Operated Weapon Station) by the US Army. CROWS is a joint acquisition program for weapon stations for the US Army vehicle programs.

    PROTECTOR is based on the proven M151 PROTECTOR with more than 17 million hours of operation and more than 6 million hours in combat, and has extremely high reliability with a proven Operational Readiness Rate (ORR) of more than 99%.

    More than 2,500 Systems have already been delivered world wide, and as of 2008 more than 7,000 additional units are covered under existing contracts. PROTECTOR has been selected or is already in service by the following nations; USA, Australia, Canada, Czech Republic, Finland, Great Britain, Ireland, Luxembourg, Netherlands, Norway, Portugal, Switzerland and France.

    http://www.kongsberg.com/


 
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