MAJOR EUROPEAN DEAL: Elbit Wins $235 Million Contract For Precision Rockets And Artillery Systems

Elbit Systems (ESLT) secured a $235M three-year contract for rockets, launchers, and logistics support. The company will open a production and maintenance center in Sweden in 2027.

Elbit Systems secured a $235M contract to supply medium-range rockets and artillery systems to Azerbaijan, according to Globes. The deal includes EXTRA-MR rockets, PULS launchers, and logistical support. Elbit's COO highlighted the company's global leadership in rocket artillery systems. This follows Ari Arms' establishment of a rifle manufacturing plant in Azerbaijan, marking a strengthening of defense ties between Israel and Azerbaijan.

Elbit Systems won a $235M contract to supply EXTRA-MR rockets and PULS launchers to an unnamed European country. The 3-year deal includes launchers, platforms, and logistics. PULS is adaptable to various platforms and has been adopted by several NATO members. Elbit's CEO highlighted the company's global leadership in rocket artillery systems.

Elbit Systems secured a $235m contract to supply EXTRA-MR rockets and PULS systems to an unnamed European customer. The deal, under a government-to-government agreement, will be delivered over three years. The package includes launchers, rockets, and logistics support, with EXTRA-MR targeting distances up to 80km.

Elbit Systems has secured a $235 million defense contract in Europe. The company's shares were up 0.19% at $756.87 at the time of publication. Elbit Systems is noted for strong growth and momentum, but valuation is considered a weaker area.

Elbit Systems has secured a $235M contract to supply rocket artillery systems to a European customer. The company's subsidiary, Elbit Systems Sweden, serves as a hub for Northern European operations. ESLT shares have risen over 32% year-to-date, with bullish sentiment on Stocktwits.