Elbit Awarded $37M Contract to Supply Iron Fist APS for Upgrading US Army's Bradley IFVs

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) Elbit Systems announced today that it was awarded an initial contract of approximately $37 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades to the U.S. Army’s Bradley M2A4E1 Infantry Fighting Vehicles (IFVs). The contract will be performed over a period of 24 months.

The Iron Fist APS is an advanced Hard Kill system aimed at enhancing the self-defense capabilities of armored platforms against modern battlefield threats. It is the Israel Defense Force’s Second-Generation APS and is characterized by high performance and low volume, weight and power requirements. The system provides armored platforms with 360-degree protection from a wide variety of anti-armor threats, such as Anti-Tank Rockets (ATR), Anti-Tank Guided Missiles (ATGM), UAS and Loitering threats, in both open terrain and complex urban environments.

Yehuda (Udi) Vered, General Manager Elbit Systems Land: “Our Iron Fist Active Protection Systems represent the highest level of innovation, offering comprehensive protection against evolving threats on the modern battlefield. Through this strategic collaboration with GD-OTS, we are honored to contribute to the enhancement of the Bradley Infantry Fighting Vehicles, further empowering the U.S. armed forces with enhanced capabilities to fulfill their missions effectively and safely.”