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Elbit Systems Ltd (ESLT) Q1 2021 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing by. Welcome to Elbit Systems First Quarter 2021 Results Conference Call. [Operator Instructions] As a reminder this conference is being recorded. You should have all received by now the company s press release that is available in the News section of the company s website at www.elbitsystems.com.
I would now like to hand over the call to Rami Myerson, Elbit Systems Investor Relations Director. Rami, please go ahead.
Rami Myerson
Director, Investor Relations
Thank you, Braka. Good day, everyone, and welcome to our first quarter 2021 earnings call. On the call with me today are Butzi Machlis, our President and CEO; and Yossi Gaspar, our Chief Financial Officer. Before we begin, I would like to point out that the Safe Harbor statement in the company s press release issued earlier today also refers to the contents of this conference call. As we do every quarter, we will provide you with both our regular GAAP ....

Israel General , United States , United Kingdom , Perifereia Dytikis Makedonias , Yossi Gaspar , Bezhalel Machlis , Butzi Machlis , Dina Korshunov , Pete Skibitski , Greece Ministry Of Defense , Hellenic Air , International Training , International Flight Training Center , Sparton Corporation , Hellenic Ministry Of National Defense , Us Marine Corp , Us Navy , Elbit Systems Ltd , German Armed , Pete Skibitski Alembic Global Advisors , Rokar International , Elbit Systems , Night Vision Goggles For The Special , German Federal Police , Elbit System First Quarter , Rami Myerson ,

Israel Agrees to Set Up Flight Training School in Greece for $1.65B

Israel Agrees to Set Up Flight Training School in Greece for $1.65B
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Israeli M346 aircraft
Israel has signed an agreement valued $1.65 billion with Greece to establish an International Flight Training Center for the Hellenic Air Force.
Announcing the deal on Sunday, the Israel Ministry of Defense said it was the biggest defense agreement inked by the two countries till date.
Israeli company Elbit Systems beat Canada’s CAE to win this contract. Within the framework of the agreement, the company will provide kits to upgrade & operate the Hellenic Air Force s T-6 aircraft. It will also provide training, simulators & logistical support. ....

Elbit Systems , International Flight Training Center , Hellenic Air Force , Hellenic Air , Israel Ministry Of Defense , Israel Ministry , Embedded Virtual Avionics , Ground Based Training Stations , Act 6 , Fm 346 , எல்பித் அமைப்புகள் , சர்வதேச விமானம் பயிற்சி மையம் , ஹெலெனிக் அேக படை , ஹெலெனிக் அேக , இஸ்ரேல் அமைச்சகம் ஆஃப் பாதுகாப்பு , இஸ்ரேல் அமைச்சகம் , பதிக்கப்பட்ட மெய்நிகர் ஏவியோனிக்ஸ் ,

Elbit wins $1.65bn contract for Greek Air Force's flight training centre

Elbit wins $1.65bn contract for Greek Air Force’s flight training centre
19 Apr 2021 (Last Updated April 19th, 2021 10:35)
Israel’s Elbit Systems has won a contract for the International Flight Training Center of the Hellenic (Greek) Air Force.
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Israel’s Elbit Systems has won a contract for the International Flight Training Center of the Hellenic (Greek) Air Force.
The deal amounts to nearly $1.65bn (approximately €1.375bn) and will include price indexation.
The award was subject to the signing and completion of commercial negotiations with Greece’s defence ministry.
Work under the contract includes the delivery of ten M-346 training aircraft (Lavi), maintenance of T-6 aircraft, training aids, and lifetime logistical support. ....

Bezhalel Machlis , Elbit Systems , International Flight Training Center , Hellenic Greek Air , Israeli Ministry Of Defense Imo , Hellenic Air , Hellenic Ministry Of National Defense , Flight Training Center , Israeli Ministry , Hellenic Ministry , Embedded Virtual Avionics , Ground Based Training Stations , Role Tanker Transport , Infrared Countermeasures , எல்பித் அமைப்புகள் , சர்வதேச விமானம் பயிற்சி மையம் , ஹெலெனிக் கிரேக்கம் அேக , இஸ்ரேலி அமைச்சகம் ஆஃப் பாதுகாப்பு ஐமொ , ஹெலெனிக் அேக , ஹெலெனிக் அமைச்சகம் ஆஃப் தேசிய பாதுகாப்பு , விமானம் பயிற்சி மையம் , இஸ்ரேலி அமைச்சகம் , ஹெலெனிக் அமைச்சகம் , பதிக்கப்பட்ட மெய்நிகர் ஏவியோனிக்ஸ் , பங்கு டேங்கர் போக்குவரத்து , அகச்சிவப்பு எதிர் நடவடிக்கைகள் ,

Elbit to Create International Flight Training Center for Greece and Israel in $1.65 Billion Effort

Elbit to Create International Flight Training Center for Greece and Israel in $1.65 Billion Effort
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Elbit Systems , International Flight Training Center , Elbit Systems Ltd , Israeli Ministry Of Defense , Hellenic Air , Hellenic Ministry Of National Defense , Israel Based Elbit Systems , Hellenic Air Force , Israeli Ministry , Hellenic Ministry , Embedded Virtual Avionics , Ground Based Training Stations , எல்பித் அமைப்புகள் , சர்வதேச விமானம் பயிற்சி மையம் , எல்பித் அமைப்புகள் லிமிடெட் , இஸ்ரேலி அமைச்சகம் ஆஃப் பாதுகாப்பு , ஹெலெனிக் அேக , ஹெலெனிக் அமைச்சகம் ஆஃப் தேசிய பாதுகாப்பு , இஸ்ரேல் அடிப்படையிலானது எல்பித் அமைப்புகள் , ஹெலெனிக் அேக படை , இஸ்ரேலி அமைச்சகம் , ஹெலெனிக் அமைச்சகம் , பதிக்கப்பட்ட மெய்நிகர் ஏவியோனிக்ஸ் ,

Elbit Systems Awarded a $1.65 Billion Contract for Flight Training Program, as Part of Agreement Between Israeli and Hellenic Ministries of Defense

(NASDAQ: ESLT, TASE: ESLT) ( Elbit Systems or the Company ) announced today, further to the Company s announcement of January 5, 2021, that it was awarded a contract valued at approximately $1.65 billion (approximately €1.375 billion) for the establishment and operation of the International Flight Training Center of the Hellenic Air Force, as part of an agreement between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense. The contract will be performed over a period of approximately 20 years and will include price indexation.
Under the contract, Elbit Systems will supply new M-346 training aircraft and will maintain the entire training fleet, comprised of dozens of M-346 and T-6 training aircraft for a period of approximately 20 years. In addition, the Company will provide its latest advanced Embedded Virtual Avionics (EVA) onboard the training aircraft, deliver networked flight simulators and an array of Ground-Based Training Stations (GBTS ....

United States , Bezhalel Butzi Machlis , David Vaaknin , Ehud Helft , Joseph Gaspar , Kenny Green , Company Contact , Elbit Systems Ltd , Hellenic Air , Exchange Commission , Elbit Systems , International Flight Training Center , Securities Exchange , Israeli Ministry Of Defense , Head Of Corporate Communications , Hellenic Ministry Of National Defense , Hellenic Air Force , Israeli Ministry , Hellenic Ministry , Embedded Virtual Avionics , Ground Based Training Stations , Securities Act , Securities Exchange Act , Israeli Securities Law , Private Securities Litigation Reform Act , Systems Ltd ,