HAIFA, Israel - Elbit Systems Ltd. (NASDAQ: NASDAQ:ESLT) (TASE: ESLT), a global defense technology company, has been awarded a $300 million contract to provide defense solutions to an unnamed international customer. The contract, which spans a ten-year period, underscores the company's role in the international defense market.
President and CEO of Elbit Systems, Bezhalel (Butzi) Machlis, stated that this contract reaffirms the company's status as a leading provider of advanced solutions tailored for modern warfare needs.
Elbit Systems operates in various domains, including aerospace, land, and naval systems, and specializes in command, control, communications, computers, intelligence surveillance and reconnaissance (C4ISR), unmanned aircraft systems, electro-optics, electronic warfare suites, and cyber-based systems. The firm also provides support services like training and simulation systems.
The contract announcement comes as Elbit continues to expand its global footprint, offering a range of defense and homeland security technologies. While the specifics of the defense solutions provided under the new contract have not been disclosed, the deal represents a significant long-term commitment for both Elbit Systems and its international client.
This news is based on a press release statement issued by Elbit Systems Ltd. and does not include any forward-looking statements from the company. The information provided herein reflects the current status of Elbit Systems' business engagements without speculating on future performance or market trends.
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