Elbit Systems Brazilian Subsidiary Snags $100 Million Contract

HAIFA, Israel --- Elbit Systems Limited’s Brazilian subsidiary, Ares Aeroespacial e Defesa S.A. ("Ares"), was awarded a framework contract, in a total value of approximately $100 million, to supply 12.7/7.62 mm Remote Controlled Weapon Stations ("RCWS") to the Brazilian Army. The contract includes associated equipment and services. The RCWS, named REMAX, will be supplied over a five-year period. An initial production order, valued at approximately $7.5 million, has been received.

Specifically designed by Ares to meet Brazilian Army requirements as part of the VBTP program, Ares' REMAX systems have been successfully tested and fielded in Brazilian Army Guarani 6X6 vehicles. REMAX is a stabilized weapon station for 12.7/7.62 mm machine guns and will be used in armored vehicles and logistics vehicles utilized in combat for troop transport, border patrol and peace keeping missions.

For additional information, visit: http://www.elbitsystems.com
 

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