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Home In Brief

Elbit wins $350M contract to supply land systems to international customer

by  ILH Staff
Published on  12-15-2021 12:18
Last modified: 12-19-2021 10:01
Elbit Systems wins $53M contract from navy in AsiaReuters/Baz Ratner

The contract attests to Elbit's competitive advantage, top exec says | File photo: Reuters/Baz Ratner

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Elbit Systems Ltd. has been awarded a contract valued at approximately $350 million to supply an array of land systems to an international customer, the company announced Wednesday.

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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."

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