Elbit Awarded $74M Contracts to Supply Airborne Munitions to
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Nov 12, 2021

Elbit Awarded $74M Contracts to Supply Airborne Munitions to South Korea

Elbit Systems Ltd. (“Elbit Systems”) announced today that it was awarded contracts in an aggregate amount of approximately $74 million from the Defense Acquisition Program Administration of the Ministry of National Defense of the Republic of South Korea, to supply a range of airborne munitions as part of the Precision Fires Program of the Republic of Korea Air Force. The contracts will be performed over a five-year period.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land, said: “We see an increase in the demand for our diverse portfolio of munitions as Air Forces seek fires capabilities of greater sophistication and impact.”

Missile Defense System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

Missile Defense System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

By Range (Less than 100Km, 101-200Km, and 201-400Km), By Threat Type (Subsonic Missiles, Supersonic Missiles, and Hypersonic Missiles), By Domain (Ground and Marine), By Region, Competition, 2019-2029F

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