Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems”) announced today that its wholly-owned subsidiary, Elbit Systems – Cyclone Ltd., was awarded a contract by Lockheed Martin (NYSE: LMT) for the manufacture of assemblies for Forward Equipment Bay assemblies for the F-35. The contract is in an amount that is not material to Elbit Systems and will be performed over a period of four-years.
The contract calls for Elbit Systems to supply assemblies for the F-35’s Forward Equipment Bay – made from composite materials and the associated structures – for all F-35 aircraft variants. Elbit Systems will deliver more than 1,400 components to Lockheed Martin during the contract period.
The decision by Lockheed Martin comes as a result of Elbit Systems successful performance on the production of other composite structures for the F-35 program...MORE
