April 15, 2010 / 7:09 AM / in 8 years

Elbit Systems subsidiary gets $70 million UK contract

TEL AVIV (Reuters) - UAS Tactical Systems Ltd won a $70 million contract by Thales UK to provide logistics support services for the Watchkeeper project over the next three years, U-TacS’ parent company Elbit Systems (ESLT.O) said on Thursday.

Leicester-based U-TacS is 51 percent held by Israeli defense contractor Elbit (ESLT.TA) with the balance owned by Thales UK, part of French aerospace group Thales (TCFP.PA).

The Watchkeeper, one of the largest unmanned aircraft systems (UAS) projects in the world, is designed to provide the UK armed forces with intelligence, surveillance, target acquisition and reconnaissance capabilities. The project’s prime contractor is Thales UK.

U-TacS is in charge of development, integration, test flights and manufacture of the UAS’ sub-systems, including the unmanned aircraft, the ground control station and other systems.

In conjunction with its role on the Watchkeeper project, U-TacS also provides the Hermes 450, under a program in which the UK armed forces operate Hermes 450 UAS to support its forces deployed in Afghanistan.

Reporting by Tova Cohen; editing by Simon Jessop

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