Elbit Systems Awarded Approximately $60 Million Contract to Supply Artillery Shells to the Israel Ministry of Defense
Haifa, Israel, July 31, 2023 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) Elbit Systems announced today that it was awarded a contract worth approximately $60 million to supply thousands of 155mm artillery shells to the Israel Defence Forces’ Artillery Corps. The contract will be performed over a period of one year.
Yehuda (Udi) Vered, General Manager of Elbit Systems Land: “Elbit Systems is proud to be a leading supplier to the IDF, supporting its ongoing operational requirements. The expansion and the upgrade of our production infrastructure enables the provision of rapid production of a range of high quality solutions to the Israel Ministry of Defense. We continue to implement the Company’s strategy that supports the local economy and employment across the nation, from Kiryat Shemona in the Galilee to Ramat Bekaa in the Negev.”
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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Company Contact:
Dr. Yaacov (Kobi) Kagan, EVP & Chief Financial Officer
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com
Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com
