Israel’s Elbit Systems secures $280 million European contract

by | Apr 6, 2023 | Company Reporting | 0 comments

A contract worth approximately $280 million was awarded to Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) to supply precision munitions, radio and defense electronics systems, and maintenance services to a European Country. The term of this agreement is for three years.

Bezhalel Machlis, President and CEO of the company said, “These contract extensions demonstrate our customers’ continued trust in our products and services, as well as the sustained demand for our market solutions from customers across Europe.”

About Elbit Systems
Elbit Systems Ltd. is Israel based international military technology company specialising in a range of defense, homeland security and commercial programs throughout the world. The Company, operates in the areas of land and naval systems, aerospace, intelligence surveillance and reconnaissance (“C4ISR”), cyber-based systems and munitions, communications, unmanned aircraft systems, electro-optic space systems, signal intelligence systems, data links and communications systems.


Submit a Comment

Your email address will not be published. Required fields are marked *

Recent posts

October inflation reading shows signs of further slowdown

October inflation reading shows signs of further slowdown

In October 2023, the economic scene saw a mix of ups and downs, with the Consumer Price Index (CPI) ticking up by 0.5%, which is in line with expectations. Here's a simplified breakdown of the key points: Prices on the MoveUpward Trends: Clothing and Footwear: Went up...

error: Content is protected !!