Elbit awarded $73M US Marines laser range finder contract

March 24, 2015
Elbit Systems of America was awarded a $73.4 million dollar contract by the US Marines for the Common Laser Range Finder.

Elbit Systems of America (Fort Worth, TX), a wholly owned subsidiary of defense and security company Elbit Systems (Haifa, Israel), was awarded a $73.4 million dollar Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the United States Marine Corps for the Common Laser Range Finder-Integrated Capability (CLRF-IC). Work will be performed in Merrimack, NH and the period of the IDIQ contract extends through March 2020. To date, Elbit Systems of America has received an initial order in the amount of $7.5 million under the laser range finder contract.

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"We are pleased to provide the USMC with their new rugged CLRF-IC, a lightweight system that is mission-ready and safer for the foot-mobile Marine," commented Raanan Horowitz, President and Chief Executive Officer of Elbit Systems of America. "Leveraging the innovative capabilities of our imaging, range finding, and degraded environment navigation solutions, Marines are now able to acquire targets without breaking cover from their concealed fighting positions and minimize impact while on the move."

The CLRF-IC replaces the Marine's currently fielded equipment with a system that provides 24-hour observation capability; accurate range to targets; the ability to confirm spot on target with laser designation systems; and accurate target location in a variety of conditions, including magnetically disturbed environments, areas with overhead clutter, and in GPS-denied situations. The CLRF-IC's highly reliable performance and minimal life cycle cost give the warfighter a more affordable mission capability.

Elbit Systems of America provides product and system solutions for the commercial aviation, defense, homeland security, cyber security, and medical instrumentation markets.

SOURCE: Elbit Systems of America; http://ir.elbitsystems.com/phoenix.zhtml?c=61849&p=irol-newsArticle&ID=2027528

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