Benzinga | Jan 5, 2022 05:40AM EST

Elbit Systems Announced Follow-On Contract to Supply Hermes 900 Unmanned Aircraft Systems to the Brazilian Air Force

Elbit Systems Ltd.(NASDAQ:ESLT) (TASE: ESLT)("Elbit Systems" or the "Company")announcedtoday thatitsBrazilian subsidiary, AEL Sistemas S.A. ("AEL"), was awarded a contractto supply additional Hermes(tm)900 UAS (Unmanned Aerial Systems) to the Brazilian Air Force (Fora Area Brasileira"FAB").The contract is in an amount that is not material to Elbit Systems and will be performed over a period of 16months.

Under the contract, the Company will supply its Hermes 900UAS and spare parts.Over the past decade, the FAB has been operating a mixed fleet of Elbit Systems'Hermes 900 and Hermes 450 UAS to perform a range of missions including Homeland Security and deforestation monitoring operations in the Amazons.The Hermes 900 UAS has been selected to date by 12 countries, attesting to its competitive edge combining technological sophistication, reliability, open architecture and a solid growth path.

Yoram Shmuely,General Manager of Elbit Systems' Aerospace,commented: "We are proud to be an integral part of the FAB UAS fleet's growth roadmap. We are pleased by the growing customer base of the Hermes family of UAS users around the globe."