Elbit Systems Secures Approximately $200 Million in Air ISTAR and Training Solutions Contracts in the Asia-Pacific Region
PR Newswire
1h ago
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Elbit Systems stated that it has obtained a contract worth approximately $200 million from a country in the Asia-Pacific region, which includes aerial intelligence, surveillance, target acquisition and reconnaissance (ISTAR), as well as training solutions. The contract can be executed for up to 5 years. The company will also provide subsequent support and upgrade services for the SPECTRO 12-spectral ISR and targeting payloads used in helicopter integration, as well as advanced head-up display systems.
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Haifa, Israel, October 26, 2026 / PRNewswire / -- Elbit Systems Ltd. (Nasdaq: ESLT) (Tel Aviv Stock Exchange: ESLT) ("Elbit Systems" or "the Company") announced today that it has received a contract worth approximately $200 million from a country in the Asia-Pacific region. The contract includes services such as aerial intelligence, surveillance, target acquisition and reconnaissance (ISTAR), as well as training solutions. The contract period can last up to 5 years.

According to the contract, Elbit Systems will provide SPECTRO™ 12 multispectral intelligence, surveillance, reconnaissance ( ISR ) and targeting payloads for helicopter integration. SPECTRO12 is the latest member of the Elbit Systems SPECTRO series of airborne ISR and targeting payloads, featuring a compact multispectral payload design suitable for platforms with strict limitations on size, weight, and power consumption. SPECTRO12 combines high-resolution multispectral sensing, precise targeting technology (including laser indicators), as well as artificial intelligence-driven image processing capabilities, enabling remote target detection, identification, tracking, and engagement in complex combat environments and under harsh weather conditions.

The contract also includes providing subsequent support and upgrade services for the aerial combat training systems installed on aircraft, which are used for virtual combat construction and virtual air combat training scenarios. These systems support realistic air-to-air and air-to-ground training, including real-time combat simulation, weapon scoring, and mission review functions, which help to enhance pilots' readiness and training effectiveness.

In addition, according to the contract, Elbit Systems will also provide an advanced head-up display ( HUD ) system. This system features high-resolution display technology, enhanced video capabilities, and low power consumption, and is capable of supporting day and night operations on a variety of aerial platforms.

Elbit Systems President and CEO Bezhalel ( Butzi ) Machlis stated: "The aerial solutions of Elbit Systems combine advanced technology with extensive practical experience in a wide range of mission environments. We are proud to provide our customers with innovative capabilities to enhance mission effectiveness, situational awareness, and combat readiness, covering a broad spectrum of aerial missions."

About Elbit Systems

Elbit Systems is a globally leading defense technology company dedicated to providing advanced solutions for a safer world. The company develops, manufactures, integrates, and maintains a range of next-generation solutions in multiple fields.

Leveraging an agile and collaborative corporate culture, and benefiting from Israel's technological ecosystem, Elbit Systems helps customers to cope with the rapidly evolving challenges of the battlefield and overcome threats.

Elbit Systems has over 21,000 employees in dozens of countries across five continents. The company disclosed that its revenue for the three months ending June 30, 2026, was 2.2871 billion US dollars, with an order backlog of 32 billion US dollars.

For more information, please visit: https :// elbitsystems.com. You can also follow the company's X account, as well as their official channels Facebook, YouTube, and LinkedIn.

Company contact information:

Dr. Yaacov ( Kobi ) Kagan, Executive Vice President and Chief Financial Officer

Phone: +972-77-2946663
[ email protected ]

Daniella Finn, Vice President of Investor Relations

Phone: +972-77-2948984
[ email protected ]

Dalia Bodinger, Vice President of Communications and Brand

Telephone: 972-77-2947602+
[ email protected ]

This press release may contain forward-looking statements (as defined under Section 27A of the Revised Securities Act of 1933, Section 21E of the Revised Securities Exchange Act of 1934, and the Israeli Securities Law of 1968), regarding Elbit Systems Ltd and/or its subsidiaries (collectively referred to as the "Company"), provided that such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections, and assumptions regarding future events. Such statements are made under the safe harbor provisions of the Revised Private Securities Litigation Reform Act of 1995. These statements do not guarantee future performance and involve various uncertainties and assumptions, including forecasts of the Company's future financial results, expected growth strategies, and business trends. Therefore, due to a variety of factors, actual future results, performance, and trends may differ significantly from these forward-looking statements, including but not limited to: the scope and duration of customer contracts; government regulations and approvals; changes in government budget priorities; general market, political, and economic conditions in the countries where the Company operates or sells (including Israel and the United States), including the duration and extent of wars in Israel and their potential impact on the Company's operations; changes in global health and macroeconomic conditions; differences between expected project performance and actual project performance, including the ability to fulfill long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The above factors are not exhaustive, and for more information, please refer to Elbit Systems Ltd's most recent annual report filed with the U.S. Securities and Exchange Commission (20-F). All forward-looking statements are as of the date of this press release. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance, or achievements.In addition, the company or any other party shall not be liable for the accuracy or completeness of any forward-looking statements. The company does not undertake the obligation to update forward-looking statements.

In this press release, Elbit Systems Ltd and its associated logos, brands, products, services, and process names are trademarks or service marks of Elbit Systems Ltd or its affiliated companies. Other brand, product, service, and process names mentioned in the text are trademarks of their respective owners. The mention or use of products, services, or processes other than Elbit Systems Ltd does not imply any recommendation, endorsement, affiliation, or sponsorship by Elbit Systems Ltd regarding those products, services, or processes. The content of this document should not be construed as granting any license or rights under patents, copyrights, trademarks, or other intellectual property rights to Elbit Systems Ltd or any third party, either implicitly, by estoppel, or in any other manner, unless explicitly granted herein.

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