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.