Elbit Systems Awarded $80 M Contract to Upgrade Tanks and Su
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Aug 7, 2019

Elbit Systems Awarded $80 M Contract to Upgrade Tanks and Supply Radio Systems for an Army in South East Asia

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the company") announced today that it was awarded a contract valued at approximately $80 million to upgrade tanks and supply radio systems for an Army of a country in South East Asia. The contract will be performed over a period of 32 months.

Under the contract, the company will supply Fire Control Systems and Electric Gun and Turret Drive Systems for tanks and advanced radio systems from the E-LynX family in several configurations, including hand-held and man-packed radios for infantry soldiers and vehicular radios for Armored Fighting Vehicles.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "We are pleased to be able to leverage our diverse portfolio of operationally proven systems to continue to provide technologically and economically advantageous support for customer's upgrade requirements."

Military Land Vehicles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

Military Land Vehicles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

By Offering (Platform, Services), By Product (Infantry fighting vehicles (IFV), Armored personnel carriers (APC), Main battle tanks (MBT), Light multirole vehicles (LMV), Tactical trucks), By Application (Defense and combat, Logistics and transportation), By Region, Competition, 2019-2029F

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