Elbit Awarded Approximately $60M Contract to Supply Artillery Shells to the Israel MoD

August 01, 2023

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Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) Elbit Systems announced today that it was awarded a contract worth approximately $60 million to supply thousands of 155mm artillery shells to the Israel Defence Forces’ Artillery Corps. The contract will be performed over a period of one year.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land: “Elbit Systems is proud to be a leading supplier to the IDF, supporting its ongoing operational requirements. The expansion and the upgrade of our production infrastructure enables the provision of rapid  production of a range of high quality solutions to the Israel Ministry of Defense. We continue to implement the Company’s strategy that supports the local economy and employment across the nation, from Kiryat Shemona in the Galilee to Ramat Bekaa in the Negev.”

Source : Elbit Systems Ltd.