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VSI receives additional scope for F-35 Helmet Mounted Display System (HMDS)

SAN JOSE, Calif. (February 21, 2006) - Vision Systems International, LLC (VSI) has been awarded additional content from Lockheed Martin on the F-35 System Development and Demonstration (SDD) phase.  The value of the firm fixed price contract is $156 million. 

This new contract expands the company's effort to include provision of pilot flight gear, including the oxygen mask and chemical/biological hazard protection.  VSI was previously awarded a contract to design the advanced Helmet Mounted Display System (HMDS) for the F-35.

In a related action, Lockheed Martin informed VSI that it has been selected to supply helmet mounted displays (HMDs) to all domestic and international F-35 customers.

The HMDS has been designed to integrate with the advanced avionics architecture of the F-35, providing the pilot with video imagery in day or night conditions combined with precision symbology to give the pilot unprecedented situational awareness and tactical capability.  Additionally, VSI is incorporating advanced head tracking capability to provide the pilot with a virtual head-up display.

VSI, a joint venture between EFW Inc., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT), and Rockwell Collins (NYSE: COL), was formed in 1996 to pursue fixed wing helmet mounted display (HMD) opportunities worldwide. In addition to development of the F-35 HMDS under contract to Lockheed Martin, VSI is in full-rate production of Joint Helmet Mounted Cueing System (JHMCS) for US and international F-15, F-16 and F/A-18 aircraft.

About Elbit Systems

Elbit Systems Ltd. is an international defense electronics company, engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and equipment. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.

About Rockwell Collins

Rockwell Collins (NYSE: COL) is a worldwide leader in the design, production, and support of communication and aviation electronics for commercial and government customers. The company's 17,000 employees in 27 countries deliver industry-leading communication, navigation, surveillance, display, flight control, inflight entertainment, information management, and maintenance, training and simulation solutions. Additional information is available at www.rockwellcollins.com.

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