Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary, Elisra Electronic Systems Ltd. (Elisra), was awarded a contract by Lockheed Martin Canada Ltd valued at approximately $55m to supply Electronic Warfare (EW) equipment for the Canadian Navy's Halifax Frigate Modernization program. Elisra's systems were selected after meeting the strict standards and challenges required by the customer. Elisra CEO, Itzhak Gat, said he takes great pride in the decision of Lockheed Martin Canada to select Elisra over others in industry. Gat noted that Elisra has had a longstanding relationship with Lockheed Martin Canada, based on professional cooperation and trust, as well as the use of advanced domestic technology.
