FORT WORTH, TEXAS, March 22, 2015 – The United States Marine Corps awarded a subsidiary of Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems Ltd., a $73.4 million, Indefinite Delivery/Indefinite Quantity contract for the Common Laser Range Finder-Integrated Capability (CLRF-IC). Work will be performed in Merrimack, New Hampshire. 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 IDIQ contract.

“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.