FORT WORTH, Texas, December 11, 2014 /PRNewswire/ --

Ogden Air Logistic Complex (ALC) and Elbit Systems of America, LLC, a subsidiary of Elbit Systems, Ltd., recently signed a Public-Private Partnership (PPP) Agreement defining how the two entities will collaborate during prospective contract opportunities to bring the best possible services and solutions to the warfighter.

Under a PPP, such as that signed by the ALC and Elbit Systems of America, the depot would have the opportunity to increase its workload and manpower while industry supplies Engineering Services and Spares creating a win-win situation for both private industry and the government agency.

 "By entering in the PPP with Elbit Systems of America, we gain resources necessary to improve capabilities for our warfighter," stated Michelle Hathaway, Chief, Strategic Partnering 00-ALC/ OBP. "Through the PPP, we are able to receive engineering data, quickly learn about advances in technology, gain or maintain certification levels, improve value engineering change proposals, strengthen training opportunities, provide direct labor and use existing facility infrastructure to support potential work in the areas of the F-16 Radar Systems, Head Up and Head Down displays, Helmet Mounted Displays, Depot/Contract Field Team Support, Software development and new capabilities for Laser Systems."

"The partnership agreement affords us the opportunity to strengthen our alliance with the ALC while reducing cost to the taxpayers," said Kelly Dameron, Vice President of Elbit Systems of America's Airborne Solutions. "More importantly, by defining in advance certain contract requirements, we can rapidly deliver solutions to meet ALC's logistical needs. We both bring our greatest assets to the table, and ultimately, to the military men and women in the field. This is team work at its finest."

About Elbit Systems of America, LLC  

Elbit Systems of America is a leading provider of high performance products, system solutions, and support services focusing on the commercial aviation, defense, homeland security, cyber security, and medical instrumentation markets.  With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States.  Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ and TASE: ESLT), a global electronics company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: http://www.elbitsystems-us.com.

About Elbit Systems  

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space systems, EW suites, signal intelligence ("SIGINT") systems, data links and communications systems and radios. The Company also focuses on the upgrading of existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications and providing a range of support services, including training and simulation systems.

For additional information, visit: http://www.elbitsystems.com or follow us on Twitter.

Trademarks 

Elbit Systems of America and other trademarks, service marks and logos are registered or unregistered marks of Elbit Systems of America companies in the United States and in foreign countries.  Copyright © 2014 Elbit Systems of America.  All rights reserved.

Forward Looking Statement 

This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact.  Forward Looking Statements are based on management's expectations, estimates, projections and assumptions.  Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended.  These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.  Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings.  The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Contact: Shari Clarkson | +1-682-286-2363 | sharon.clarkson@elbitsystems-us.com

SOURCE Elbit Systems of America