Elbit Systems Awarded $305 Million Contract to Supply PULS Rocket Artillery Systems to the Royal Netherlands Army
Haifa, Israel, May 18, 2023 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) Elbit Systems announced today that as part of an agreement between the Israeli Ministry of Defense and the Netherlands Ministry of Defense, it was awarded a contract worth $305 million to supply Precise & Universal Launching System (PULS) artillery rocket systems to the Royal Netherlands Army. The contract will be performed over a period of five years.
Under the contract, Elbit Systems will supply 20 PULS artillery rocket systems integrated on the COMMIT (previously DMO) selected truck platform, as well as rockets and missile of various ranges and training and support services.
Elbit PULS is a system designed with an open architecture approach, supporting future growth, the ability to integrate legacy C4i solutions, and the flexibility to adapt to specific customer requirements.
PULS provides a comprehensive, cost-effective solution, supporting the firing of both free-flying rockets and precision guided rockets and missiles ranging from 12km and up to 300km. The PULS launcher is a fully adaptable launching system and can be mounted on a broad range of wheeled and tracked platforms, providing a significant reduction in maintenance and training costs for legacy fleets.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “The acquisition of Elbit Systems’ PULS solution will enhance the Royal Netherland Army’s ability to provide effective indirect fire support. It will also provide interoperability with NATO customers that have acquired these systems. This contract further validates Elbit Systems’ cutting edge military technology and our strong partnerships with NATO countries across Europe.”
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
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