Haifa, Israel, August 30, 2015 – Elbit Systems Ltd. (“Elbit Systems”) (NASDAQ and TASE: ESLT), announced today that its wholly-owned subsidiary, CYBERBIT Ltd. (“CYBERBIT”), was recently awarded two contracts. One of the contracts was awarded by the National Police of a European country, and the second contract was awarded by a law enforcement agency of an African country. Each of the contracts, which are in a total amount that is not material to Elbit Systems, will be performed over a two-year period.
CYBERBIT, established several months ago, is comprised of Elbit Systems cyber activities, and includes the recently acquired Cyber and Intelligence division of NICE Systems, which was awarded the above-mentioned contracts.
CYBERBIT solutions provide law enforcement agencies, intelligence organizations and signal intelligence (SIGINT) agencies with end to end tools for creating communication intelligence on all known media and devices. CYBERBIT’s solutions address the entire intelligence cycle, including collection, processing, analysis and visualization.
Adi Dar, General Manager of CYBERBIT commented:”We are pleased with the award of these two contracts that attest to the innovative capabilities of CYBERBIT’s SIGINT systems, which integrate our advanced TARGET 360 interception platform with cutting edge cyber domain collection capabilities. I believe this unique operational concept, as well as the most advanced technologies which are the core of the system, will encourage additional customers to follow and select our systems”.
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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 aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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