This news is classified in: Defense Contracts Infantry Weapons
Jan 1, 2020
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract by the Production and Procurement Directorate of the Israeli Ministry of Defense (IMOD) valued at approximately $144 million (approximately NIS 500 million) for the supply of small caliber ammunition to the Israeli Defense Forces. This five-year contract, work on which will commence in 2021, will be a continuation of the existing multi-year contract with the IMOD.
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