Elbit Systems Wins U.S. Air Force Contract Worth $38.5 Mln
(RTTNews) - Israel-based defense electronics firm Elbit Systems Ltd. Sunday announced its US subsidiary Elbit Systems of America, LLC has been awarded a five-year, Indefinite Delivery/Indefinite Quantity, or IDIQ, contract worth up to $38.5 million from Defense Logistics Agency-Ogden.
The contract is for the manufacture of Reliability and Maintainability Electronic Module Assemblies for all U.S. Air Force Block 30 and Block 50 F-16 Wide Angle Conventional Head-Up Displays.
According to Elbit, the Wide Angle Conventional Head-Up Display takes critical flight and mission data which is normally displayed inside the cockpit on an instrument panel. It projects the information on a transparent surface directly in front of the pilot allowing for eyes out of the cockpit and improved situational awareness.
The new design reduces total part count, lowers power consumption and significantly improves meantime between failures, the company added.
To date, Elbit Systems of America has received initial orders of $3 million under the IDIQ contract.
Raanan Horowitz, President and CEO of Elbit Systems of America stated, "For the F-16 HUD, we partnered with the U.S. Air Force to develop a solution which significantly reduces life cycle cost. This is especially important considering the budget pressures faced these days by the U.S. Military."