Elbit Systems Ltd. (NASDAQ and TASE: ESLT), announced today that its wholly owned subsidiary CyberBit Ltd. was recently awarded two contracts.
One of the contracts was awarded by the national police of a European country, and the second contract was awarded by a law enforcement agency of an African country. Each of the contracts, which are in a total amount that is not material to Elbit Systems, will be performed over a two-year period.
CyberBit, established several months ago, is comprised of Elbit Systems cyber activities, and includes the recently acquired Cyber and Intelligence division of NICE Systems, which was awarded the above-mentioned contracts.
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.