Elbit Systems Awarded Contract for the Supply of SBNVG Night Vision Goggles to the USMC

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT)(“Elbit Systems” or the “Company”) announced today that according to the announcement of the U.S. Department of Defense (DOD), Elbit Systems’ U.S. subsidiary, Elbit Systems of America – Night Vision LLC, (“Elbit Systems of America”), was awarded an indefinite delivery/ indefinite quantity (ID/IQ) contract with a maximum ceiling of $500 million, for the supply of Squad Binocular Night Vision Goggle (SBNVG) systems; spare and repair parts; contractor logistics supports and test article refurbishment.

Work under the ID/IQ will be performed in Roanoke, Virginia, and is expected to be completed in 2028. Elbit Systems of America received an initial delivery order award under the ID/IQ worth an approximately $127 million immediately following contract award.

This ID/IQ contract for Squad Binocular Night Vision Goggles follows previous orders and cements Elbit Systems of America as a leading partner of choice by the U.S. Marine Corps. We are honored to provide proven and cutting-edge equipment to the men and women of the U.S Marine Corps that will facilitate superior battlefield awareness.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems

The SBNVG is a lightweight helmet-mounted system that provides superior nighttime viewing in various environments and conditions, improving warfighter situational awareness and performance. The system includes an enhanced battery life and high-performing white phosphor image intensification tubes for improved clarity and depth perception.

Elbit Systems America is proud of our long history supplying Marines with night vision and electro-optic innovations. We continue to refine our portfolio, offering solutions that enable the networked Warfighter of the future with sophisticated decision aids and display systems.

Raanan Horowitz, President and CEO of Elbit Systems America

Source: Elbit Systems news release