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  • Elop Awarded $15M Contract
Jul 2006
HAIFA, Israel, July 10, 2006 -- Electro-optics systems maker Elbit Systems Electro-Optics Elop Ltd. (Elop), was awarded several new contracts with a total value of approximately $15 million, it was announced today.

The new contracts include supplying equipment for naval use for an unnamed customer in the Far East and for an unspecified NATO member customer, as well as an order for unmanned aerial vehicles (UAVs) and combat aircraft equipment in Eastern Europe. "Recently we noted a substantial increase in demand for payloads designed for naval applications," said Elop General Manager Haim Rousso.

The company was previously selected to supply the advanced surveillance systems for the United Kingdom's Watchkeeper UAV project. For this project, Elop, a subsidiary of international defense electronics company Elbit Systems Ltd., will provide the most advanced version of its line of surveillance systems, CoMPASS (compact multipurpose advanced stabilized system), designed for day and night observation, scanning, tracking, range measuring, aiming and targeting (designation) of marine, ground and air targets.

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1. The branch of physics that deals with the use of electrical energy to create or manipulate light waves, generally by changing the refractive index of a light-propagating material; 2. Collectively, the devices used to affect the intersection of electrical energy and light. Compare with optoelectronics.
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