Elbit Systems wins $56 million to upgrade Asian tanks with battle management, surveillance systems

Posted by Courtney E. Howard

HAIFA, Israel, 4 Oct. 2010. Elbit Systems Ltd. won an approximately $56 million tank upgrade contract from a customer in Asia. Under the contract, the tank upgrade project will include the installation of advanced battle management systems, as well as observation and surveillance systems. The project will be completed within two years.

"Our selection for this upgrade project, following previous projects we have carried out for this customer, attests to the high level of satisfaction with our systems and performance,” notes Joseph Ackerman, Elbit Systems' president and CEO. Ackerman adds that both Elbit Systems subsidiaries Elbit Systems Land & C4I - Tadiran and Elbit Systems Electro-optics - Elop will take part in the project.