CyberBit gets contracts valued at USD22m

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) subsidiary CyberBit Ltd. was awarded contracts to supply intelligence and cyber analysis and research systems for a country in Asia-Pacific for an aggregate amout of approximately USD22 million, the company said.

The systems will be supplied over a two- year period.

The systems to be supplied consist of CyberBit´s WiT system, a highly advanced end-to-end intelligence and investigation solution, that supports every stage of the intelligence process, including the collection of the data from multiple sources, databases and sensors, processing of the information, supporting research, analysis and evaluation of the information with advanced analysis tools and disseminating the intelligence to the intended recipient.

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems.