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Satnews Daily
January 20th, 2011

Elbit Systems Ltd... Helping Brazil With Hermes (UAV)



Elbit Systems Hermes 450 UAV
[SatNews] Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won a Brazilian Air Force contract subsidiary for unmanned aerial vehicles (UAV).

The company's Brazilian subsidiary Aeroeletrônica Ltda. will supply the Hermes 450 UAVs. The UAVs are part of a Brazilian Air Force project to establish independent unmanned aerial systems capabilities, allowing for self-reliant operation and development of UAVs in the country. Based in Porto Alegre, Aeroeletrônica carries out a range of projects for the Brazilian military. Aeroeletrônica will use the technological capabilities of Elbit Systems to develop the future Brazilian UAV capability. Elbit Systems president and CEO Joseph Ackerman said that he hopes that the new project will further strengthen the cooperation between the subsidiary and the Brazilian Air Force, as well as other Brazilian customers.