Elbit to Supply a Far Eastern Country with Artillery and Radio Systems
- Total Value of Approximately $50 Million
Elbit Systems Ltd. (NASDAQ and TASE: ESLT ("Elbit Systems"), announced today that it was awarded two contracts from a Far Eastern country to supply defense systems at a total value of approximately $50 million.
Under the first contract, Elbit Systems will supply the country's Artillery Corps the ATMOS autonomous artillery system, for approximately $30 million, to be supplied within three years. The system, mounted on various wheeled platforms, enhances mission flexibility, reaction speed and survivability of both the crew and the system.
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Under the second contract Elbit Systems will supply the country's Armed Forces with personal radio systems, for approximately $20 million, which will be supplied within a year.
Source : Elbit Systems Ltd.