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Elbit Systems Awarded an Approximately $600 Million Contract to Supply Systems for the Redback IFV Under the Australian Land 400 Phase 3 Project

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HAIFA, Israel, Feb. 26, 2024 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”), announced today, following its announcement from August 16, 2023, that it was awarded a contract worth approximately $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. This project aims to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles (IFV) for the Australian Army. The contract will be performed over a period of five years.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “This milestone reaffirms our commitment to delivering advanced, mission-critical solutions to the Australian Army. Elbit Systems is dedicated to supplying cutting-edge defense technologies that will safeguard troops on the modern battlefield.”

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact:

Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Rami Myerson, VP, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Logo: https://mma.prnewswire.com/media/2017806/Elbit_Systems_Logo.jpg

 

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SOURCE Elbit Systems Ltd.

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GS1 India to Host GS1 General Assembly 2025 in Mumbai: ‘Building Bridges for a Better Tomorrow’

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MUMBAI, India , May 19, 2025 /PRNewswire/ — GS1 India is proud to host the GS1 General Assembly 2025 in Mumbai from 20th to 22nd May 2025. With the theme ‘Building Bridges for a Better Tomorrow,’ this prestigious annual global event brings together leaders and change makers to shape the future of global supply chains.

GS1 India will be hosting the GS1 General Assembly in Mumbai from 20th to 22nd May 2025. The event will have 250+ guests representing the GS1 Management Board comprising some of the global leading companies, and Chairmen and CEOs representing 118 Member Organizations worldwide. Together, these global leaders will explore how standards and emerging technologies are accelerating digital transformation and enabling smarter, more resilient supply chains—with a central highlight being the official approval of GS1 Vision 2030, the organisation’s bold new strategic direction.

“With the approval of GS1 Vision 2030 here in India, we mark a milestone moment for our global community. This new strategy sets a bold course for the future—one where data can be trusted, shared, and acted upon in real time. In a world shaped by digital acceleration and AI, our role is to enable companies of all sizes to seamlessly reach markets, enhance supply chain efficiency and resilience, meet sustainability and regulatory demands, and empower consumers and patients with information they can trust,” said Renaud de Barbuat, President and CEO, GS1.

S. Swaminathan, CEO, GS1 India said, “We are honoured to host the GS1 General Assembly 2025. As supply chains around the world evolve to become more digital, transparent, and resilient, this year’s them reflects our collective commitment to collaboration and transformation. Through global standards, we are not just enabling smarter supply chains; we are laying the foundation for trustworthy ecosystems powered by trusted data that benefit consumers, businesses, and governments alike.”

The event will have voices from Indian industry sectors such as retail, healthcare, technology, supply chain management, and e-commerce. These leaders will explore how global standards and emerging technologies are accelerating digital transformation and creating smarter, more resilient supply chains.

Key discussion topics will include:

The launch of Vision 2030 and its impact on the industryAmbition 2027 and the global transition to next generation barcodesThe transformative impact of emerging technologies like AI and Block chain

About GS1

GS1 is a neutral, not-for-profit standards organisation that is best known for the barcode, named by the BBC as one of “the 50 things that made the world economy.” GS1 standards improve the efficiency, safety and visibility of supply chains across physical and digital channels in 25 sectors. GS1 standards enable organisations to identify, capture and share information seamlessly. Our scale and reach – local Member Organisations in 118 countries, more than 2 million user companies and 10 billion transactions every day –ensure that GS1 standards create a common language that supports systems and processes across the globe. Find out more at www.gs1.org.

About GS1 India

GS1 India is a member organisation affiliated to GS1 Global. It has been setup by the Ministry of Commerce, Govt. of India along with trade bodies like CII, FICCI, IMC, ASSOCHAM, APEDA, FIEO and organisations such as Spices Board, Indian Institute of Packaging and BIS. Find out more at www.gs1india.org.

The GS1 General Assembly is an annual meeting which brings entire GS1 global community together and where organisation’s key decisions and global disruptions are discussed.

 

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COMPUTEX 2025 Gathers Global Tech Minds to Explore AI-Driven Industrial Evolution

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TAIPEI, May 19, 2025 /PRNewswire/ — COMPUTEX TAIPEI 2025, one of the global iconic exhibitions for AI and innovation, will officially open tomorrow, May 20, at the Taipei Nangang Exhibition Center Halls 1 and 2. The event brings together 1,400 exhibitors from 34 countries and regions to showcase their innovations across 4,800 booths. This year, COMPUTEX continues to lead the global tech ecosystem, inviting major industry players—NVIDIA, Qualcomm, Foxconn, MediaTek, NXP, and other tech giants to deliver keynote speeches. Leading research firm Gartner is also invited to provide in-depth insights into AI technologies and industry trends, collectively exploring cutting-edge innovation and emerging business opportunities.

According to Gartner, global spending on generative AI will reach US$ 644 billion in 2025. Companies are investing billions annually to improve the scale, performance, and reliability of generative AI models. AI is expected to become a standard built-in feature in future consumer electronics. In response to this AI-driven economic transformation, COMPUTEX 2025 is themed “AI Next” and focuses on AI & Robotics, Next-Gen Tech, and Future Mobility, echoing global trends in AI innovation and industrial transformation.

James Huang, Chairman of Taiwan External Trade Development Council (TAITRA), remarked, “AI is transforming industries at an unprecedented pace—from algorithmic breakthroughs to broader accessibility. Taiwan, with its leadership in semiconductors and innovation, is driving this global shift. COMPUTEX 2025 spotlights AI & robotics, next-gen technologies, and future mobility as the cornerstones of the next wave of innovation.”

Paul S.L. Peng, Chairman of the Taipei Computer Association, said: “Taiwan stands strong in the AI era with its world-class semiconductor supply chain, cutting-edge software-hardware integration, and real-world solutions for challenges like smart aging and labor resilience.”

COMPUTEX Keynotes: Industry Titans to Lead the Conversation and Explore AI-Driven Industry Transformation

The COMPUTEX Keynote series will feature world-leading tech executives from around the world, including Jensen Huang, CEO of NVIDIA; Cristiano Amon, CEO of Qualcomm; Young Liu, Chairman of Foxconn Technology Group; Dr. Rick Tsai, Vice Chairman and CEO of MediaTek; Jens Hinrichsen, EVP of NXP, and more. These industry heavyweights will provide multi-perspective insights on AI applications in communications, automotive, smart manufacturing, and edge computing, offering the latest breakthroughs and charting the future direction of global industries.

COMPUTEX Forum: A Deep Dive into the AI Ecosystem

The COMPUTEX Forum will spotlight the development of the AI ecosystem through two focused sessions:

Morning session: Industry experts from NVIDIA, Google DeepMind, Texas Instruments, Advantech, and others will discuss business opportunities in AI robotics and edge computing, as well as how these technologies are reshaping industries.

Afternoon session: Speakers from Arm, Intel, Adobe, Cadence, and other tech-leading brands will share the next evolution of generative AI applications and real-world use cases. Additionally, leading companies, including bp Castrol, Infineon, Seagate, Schneider Electric, and Compal, will present highly efficient AI data center solutions, addressing the growing demands for AI computing power and data capacity.

InnoVEX 2025 Upgraded: Asia’s Innovation Hub for Startups

COMPUTEX’s InnoVEX—Asia’s premier innovation and startup platform—returns with record momentum. Nearly 450 startup teams from 24 countries will participate. Ten countries—including Belgium, France, Thailand, Israel, Japan, and more—will feature national pavilions. Global leading accelerators and venture capital firms like NVIDIA Inception, Garage+, and StarFab will connect with startups to foster collaboration and cross-border growth. The InnoVEX Forum will feature talks by leaders from AWS, Qualcomm, Google Cloud, NVIDIA, and more, sharing insights into AI innovation and trends. Other show events, such as startup pitch competitions and Global Demo Day, will further highlight the dynamic international startup scene.

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SOURCE COMPUTEX

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Blubrry Podcasting to Exhibit at The Podcast Show London, May 21-22

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Daily RØDECaster Duo giveaways and face–to–face advice from CEO Todd Cochrane highlight Blubrry’s commitment to helping creators start, grow, or migrate their podcasts.

COLUMBUS, Ohio, May 19, 2025 /PRNewswire/ – Blubrry Podcasting, a global leader in podcast hosting and analytics, will be on the show floor at The Podcast Show London, May 21-22, at the Business Design Centre, Islington. Europe’s largest festival for the business of podcasting is expected to draw thousands of creators, brands, and industry leaders.

Meet the Experts – Todd Cochrane

Blubrry’s CEO and podcast–industry pioneer, Todd Cochrane, will be available both days alongside Dave Clements from our support team to answer attendee questions on everything from launch strategy to large–scale network migrations. Visitors can learn about Blubrry’s complete product line first–hand and get personalized recommendations designed to fast–track show growth.

“Blubrry was built by podcasters, for podcasters,” Cochrane said. “Whether you’re starting your first show or moving a network of 100 shows, our team and our technology make the transition seamless, so creators can focus on what matters — storytelling.”

What Blubrry Will Showcase

AI–Powered Podcast Tools – script writing, episode summaries, social clips and more to speed up production and promotion. 

Save hours in prep and post; produce richer, SEO–ready content.

Hosting PlansPro, Premium & Private – unlimited Pro Hosting for networks, fully managed Premium subscriptions, and secure Private/internal podcast delivery.

Scales from indie shows to enterprise–level training or member–only content.

IAB–Certified Podcast Statistics – trusted, advertiser–ready analytics that meet the latest IAB Tech Lab standards, and re-certified in 2025

Accurate data drives growth, monetization, and sponsorship ROI.

Daily RØDECaster Duo Giveaway

Each afternoon of the expo, Blubrry will draw one lucky raffle participant to win a brand–new RØDECaster Duo — the compact production studio perfect for on–the–go recording. Attendees must stop by the Blubrry stand and fill out a form to enter (one entry per person, per day).

Where to Find Blubrry

The Blubrry team will be located in the main exhibition hall of the Business Design Centre — at the top of the stairs. Demo appointments can be booked in advance through The Podcast Show London app or by emailing Cochrane at todd@blubrry.com.

About Blubrry Podcasting

Founded in 2005, Blubrry provides end–to–end podcast solutions including AI–assisted production tools, flexible hosting (Standard, Advanced, Pro, Premium, and Private), IAB–certified statistics, monetization options, and award–winning customer support. Millions of downloads are served through Blubrry each day, powering shows in over 150 countries. Learn more at blubrry.com.

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SOURCE Blubrry Podcasting

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