Elbit to Upgrade Tanks for a Customer in the Asia-Pacific Region
- The contract is valued at approximately $290 Million
Elbit Systems Ltd. (NASDAQ and TASE: "ESLT") (“Elbit Systems”) announced today, that it was awarded a contract by a customer in the Asia-Pacific region to perform a tank upgrade program. The contract, valued at approximately $290 million, will be performed over a three-year period.
The upgrade program will provide the tanks with night operation capabilities by the supply of a variety of advanced systems, such as gunner sights and fire control systems.
Ballistic Protection Market - Global Forecasts & Analysis to 2014 - 2020
Elbit Systems President and CEO, Bezhalel (Butzi) Machlis, said: “We are very pleased to be awarded this significant contract, demonstrating our unique capabilities and experience in upgrading main battle tanks. Asia-Pacific is one of Elbit Systems’ key markets and we are very glad to announce yet another success in this region”.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : Elbit Systems Ltd.
Oct 5 - 8, 2015 - Amsterdam, Netherlands
Aug 31 - Sep 2, 2015 - Springfield, United States