The Hermes 450 is an original development of Elbit Systems. The IDF has
been operating them for several years. Hermes 450s flew many combat sorties
during the 2006 Second Lebanon War, and achieved their operational goal of
supplying necessary, visual real-time intelligence to the ground forces. The
UAVs are also operated by various military forces worldwide and are deployed
in battlefields such as Iraq and Afghanistan.
Elbit Systems VP Haim Kellerman said, "We are proud to receive IDF's renewed
order. We regard the IDF as our central customer and the cornerstone of our
increased success among the Hermes 450 users worldwide. The accumulated
operational experience and feedback we receive from the IDF are important
elements in the success of the Hermes 450 around the globe. I have no doubt
that the Hermes 900, which will undergo flight tests in the coming months,
will enjoy similar success."
Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has recently won a $30
million order for Hermes 450 unmanned aerial vehicles (UAV) from the IDF.
The company will both develop, manufacture, and deliver new and improved UAV
and upgrade existing UAVs. The company expects development and delivery to
last for more than three years.