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Elbit Systems UK unit wins £123m Royal Navy contract
The contract for the supply of shore-based training systems as part of the Royal Navy Future Naval Training Program.
Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) unit Elbit Systems UK Ltd. has been awarded a contract valued at £123 million (approximately $166 million) by the UK Ministry of Defence for the Royal Navy Future Naval Training Program, as part of the Fisher consortium led by Capita plc. The contract will be performed over a 12-year period.
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The program calls for the transformation and modernisation of the shore-based training of the Royal Navy, including the establishment of the Future Submarine School. As the provider and integrator of training solutions for the consortium, Elbit Systems UK will develop and deliver a new Combat Systems Operator Trainer in the Future Submarine School and modernise and manage legacy synthetic training systems across the Royal Navy.
Elbit Systems UK Subsidiary Awarded a $166 Million Contract for the Future Naval Training Program
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Elbit Systems Ltd. (NASDAQ: ESLT)
and (TASE: ESLT)
( Elbit Systems or the Company ) announced today that its subsidiary, Elbit Systems UK Ltd. ( Elbit Systems UK ), was awarded a contract valued at approximately $166 million (approximately £123 million) from the UK Ministry of Defence ( UK MOD ) for the Royal Navy Future Naval Training Program ( the Program ) as part of the Fisher consortium led by Capita plc. ( the Consortium ). The contract will be performed over a 12-year period.
The Program calls for the transformation and modernisation of the shore-based training of the Royal Navy including the establishment of the Future Submarine School. As the provider and integrator of training solutions for the Consortium, Elbit Systems UK will develop and deliver a new Combat Systems Operator Trainer in the Future Submarine School and