Elbit Systems has announced that it was awarded several contracts with a total value of approximately US $435 million (approx. A $614 million) from an international customer.
"These contracts reflect confidence in both our operational‑proven systems and our ability to develop strategic, future‑oriented capabilities. We take pride in being recognized not only for reliable, fielded solutions, but also for our capacity to innovate and adapt to the evolving challenges of the modern battlefield," President and CEO of Elbit Systems, Bezhalel Machlis, said.
Under these contracts, the Company will supply a range of advanced systems, including land systems, and will also carry out a development program for an innovative defence solution. The contracts will be performed over a period of six years.