Elbit Systems Ltd. (NASDAQ: ESLT) and (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract valued at approximately $350 million to supply an array of land systems to an international customer. The contract will be fulfilled over a three-year period.
This contract award attests to the competitive advantage of our diverse portfolio of land systems. We are witnessing a growing demand in this field as Armed Forces increasingly seek to adopt sophisticated networked capabilities that enhance mission effectiveness and reduce collateral damage, while also improving economic efficiency.
Bezhalel (Butzi) Machlis, President and CEO of Elbit System
Source: Elbit Systems news release