Elbit Systems U.S. Subsidiary

and General Dynamics Form Joint Venture to Provide Tactical UAVs to U.S. Market

Press Release

Hermes 450

Haifa, Israel, Elbit Systems Ltd. (NASDAQ:ESLT) announced today that its subsidiary, Elbit Systems of America, LLC and General Dynamics Armament and Technical Products have formed a new joint venture named UAS Dynamics, LLC,
to provide unmanned aerial systems (UAS) to the Department of Defense (DoD) and other potential U.S. government customers through programs such as the recently announced U.S. Marine Corps’ Small Tactical Unmanned Aircraft System (STUAS)/Tier II program.

The solutions that UAS Dynamics will offer are based on advanced, mature UAS designs that have accumulated more than 150,000 operational flight hours to date:
the combat-proven Hermes® and Skylark® systems, developed and fielded by Elbit Systems Ltd.

UAS Dynamics will adapt those proven designs to incorporate new technologies that use U.S. engineering, technology, manufacturing and logistics resources to rapidly field and satisfy evolving U.S. requirements.

The new platforms will fill current and future operational gaps allowing Intelligence, Surveillance and Reconnaissance (ISR) capabilities that range in size and scope from hand-held and tactical level systems to medium altitude, long-endurance level systems.

UAS Dynamics is equally owned by Elbit Systems of America and General Dynamics and is located in Fort Mill, South Carolina.

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 electro-optics, 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. Back to Magazine

All Rights Reserved