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Sunday, August 20, 2017

European Elbit Subsidiary to Supply Advanced EO Systems to a European Country

  • An Approximately $35 Million Contract

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) ("Elbit Systems") announced today that one of its subsidiaries in Europe was awarded a contract from a European country, for the supply of thousands of advanced Electro-Optic ("EO") systems for individual infantry soldiers, in a total amount of an approximately $35 million. The contract will be performed over a two-year period.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems said, "We are encouraged by the growing demand from European customers and believe that our wide portfolio positions us well to serve their needs."

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Source : Elbit Systems Ltd. - view original press release

Published on ASDNews: Jul 5, 2017


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