Elbit Awarded a $300M Contract to Supply Armored Vehicle Systems to a European Customer

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a contract in an amount of approximately $300 million to supply weapon, reconnaissance, driving, and situational awareness systems for approximately 230 armored vehicles, to a European customer. The contract will be performed over a period of six years and includes custom design, production, lifecycle maintenance and complete in-country support.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “This contract underscores the customer’s high level of satisfaction for our systems and solutions already in service. It also reinforces Elbit Systems’ leadership in the armored vehicle market, underpinned by our commitment to delivering cutting-edge solutions that meet the requirements of our customers.”