Operator
Ladies and gentlemen, thank you for standing by. Welcome to Elbit Systems First Quarter 2021 Results Conference Call. [Operator Instructions] As a reminder this conference is being recorded. You should have all received by now the company s press release that is available in the News section of the company s website at www.elbitsystems.com.
I would now like to hand over the call to Rami Myerson, Elbit Systems Investor Relations Director. Rami, please go ahead.
Rami Myerson
Director, Investor Relations
Thank you, Braka. Good day, everyone, and welcome to our first quarter 2021 earnings call. On the call with me today are Butzi Machlis, our President and CEO; and Yossi Gaspar, our Chief Financial Officer. Before we begin, I would like to point out that the Safe Harbor statement in the company s press release issued earlier today also refers to the contents of this conference call. As we do every quarter, we will provide you with both our regular GAAP financial data as
QUANTICO, Va.
The Marine Corps has been investing time, money and resources into modernizing the force to meet objectives outlined in the Commandant’s Planning Guidance, Force Design 2030 and the National Defense Strategy.
Brig. Gen. A.J. Pasagian, commander of Marine Corps Systems Command, has stated that no investment is more important than those in support of the infantry Marine.
“The Marine Corps in 2030 does not exist without the individual Marine, what they re wearing and what they re carrying,” said Pasagian. “Enhancing our infantry Marines by providing them with the best capabilities available remains an integral, ongoing priority for the Marine Corps.”
Elbit Systems (ESLT) U S Subsidiary Secures $41M Order as Part of Night Vision Goggles IDIQ Contract for U S Marine Corps streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
U.S. Marine Corps Order Elbit Systems’ Night Vision Goggles Our Bureau 370
Squad Binocular Night Vision Goggle @Elbit Systems
Elbit Systems of America was today awarded a delivery order valued at approximately $41 million for the supply of night vision systems and various spare components to the U.S. Marine Corps.
The order will be executed in Roanoke, Virginia and will be supplied through March 2022.
This order is part of a $249 million five-year Squad Binocular Night Vision Goggles Indefinite Delivery Indefinite Quantity (IDIQ) contract from September 6, 2019, under which the U.S. Marine Corps are supplied with Squad Binocular Night Vision Goggle (SBNVG) systems consisting of high-performance, white phosphor image intensifier binoculars, modular uncooled thermal imaging sensors and common external power supplies – providing Marines improved mobility and situational awareness during night operations.
Share this article
Share this article
FORT WORTH, Texas, April 20, 2021 /PRNewswire/ United States Marines rely on Elbit Systems of America s lightweight night vision systems known as the Squad Binocular Night Vision Goggle (SBNVG) to provide added clarity, agility, and lethality. This is a major upgrade to the USMC s legacy night vision device, the PVS-14. This advancement was initiated in 2019 under an Indefinite Delivery/Indefinite Quantity (IDIQ) contract. Elbit Systems of America received an approximately $41 million order from the USMC for the delivery order under this IDIQ, to continue replacing the Marines legacy monocular night vision systems with SBNVGs through March 2022. All orders will be fulfilled from Elbit Systems of America s Roanoke, Virginia facility.