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.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: “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”.
