Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) Elbit Systems announced today, that it was awarded a contract in an amount of approximately $340 million for the supply of ammunition to the Israeli Ministry of Defense (IMOD). The contract will be performed over a period of 10 years. Elbit Systems will establish a manufacturing facility to produce the ammunition.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “We continue to expand our production infrastructure and capabilities to support our customers. I thank the IMOD for the trust placed in our management and employees. Elbit Systems continues to develop, manufacture and deliver top-tier technological solutions and products that are combat proven, to our customers in Israel and worldwide.”
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