Elbit Systems wins roughly $50 million in contracts to deliver artillery, radio systems
HAIFA, Israel, 15 Oct. 2012.Elbit Systems Ltd. (NASDAQ:ESLT) won two contracts, with a total value of roughly $50 million, to supply defense systems to an undisclosed country in the Far East.
Elbit Systems will supply the country's Artillery Corps with the ATMOS autonomous artillery system, under a $30 million, three-year contract. The ATMOS system is designed to be mounted on various wheeled platforms and to enhance mission flexibility, reaction speed, and survivability of the crew and the system.
The company will also supply the country's Armed Forces with personal radio systems, under a one-year, roughly $20 million contract.
Courtney Howard | Executive Editor
Courtney, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at [email protected], @coho on Twitter, and on LinkedIn.
