Elbit Awarded Approximately $53M Contract to Supply Crossbow
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May 13, 2024

Elbit Awarded Approximately $53M Contract to Supply Crossbow Unmanned Turreted Mortar Systems for a European Customer

Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) Elbit Systems announced today that it was awarded a contract worth approximately $53 million to supply the Crossbow Unmanned Turreted 120mm Soft Recoil Mortar Systems to General Dynamics European Land Systems (GDELS) for the installation on Pandur 6×6 APC wheeled armored vehicle for a European customer. The contract will be performed over a period of 6 years.

This marks the first contract signed for the supply of the Crossbow since its unveiling at the DSEI exhibition in London in 2023. Elbit Systems’ Crossbow offers high protection and survivability for the mortar operator’s crew and a short sensor-to-shooter circle, and is capable of shooting the first round in less than 30 seconds. It has a maximum rate of ten rounds per minute with a sustained rate of fire of six rounds per minute. The system can fire a variety of NATO 120mm ammunition, including the Iron Sting guided mortar munition, providing an effective range of up to 10 kilometers. No index loading is required for the Crossbow turret, which offers a 360° capability.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land: “We are proud to receive the first order from a leading international costumer for our state-of-the-art Crossbow Unmanned Turreted Mortar System. The turreted mortar, with its precise guided round, reaffirms our commitment to developing and providing innovative and advanced land systems as solutions to the evolving needs of the modern battlefield.”

Mortar Systems and Ammunition - Market and Technology Forecast to 2032

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