Elbit Systems awarded $260 million five‑year PULS rocket artillery contract to a European NATO member
+1 new source since this summary was written
Elbit Systems announced it has been awarded a contract worth approximately $260 million to supply its Precise & Universal Launching System (PULS) rocket artillery systems and munitions to an undisclosed European NATO country. The agreement runs for five years and includes adaptable launchers that can be mounted on existing wheeled or tracked platforms. The company also reported Q2 2026 revenue of $2.287 billion and an order backlog of $32.0 billion. A separate $235 million contract for EXTRA‑MR rockets and PULS launchers was announced less than a month earlier.
Why it matters
Elbit said the award reflects growing demand from European and NATO customers and will support its defense business and long‑term partnerships. The contract adds to the company’s order backlog and could boost future revenue streams.
Key facts
- 1The contract is valued at approximately $260 million. prnewswire.com
- 2The agreement will be performed over a period of five years. prnewswire.com
- 3The contract covers the Precise & Universal Launching System (PULS) rocket artillery systems and associated munitions. calcalistech.com
- 4Elbit reported Q2 2026 revenue of $2.287 billion. prnewswire.com
- 5Elbit’s order backlog stood at $32.0 billion as of June 30 2026. prnewswire.com
- 6A prior contract worth approximately $235 million for EXTRA‑MR rockets and PULS launchers was announced less than a month earlier. calcalistech.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.