Elbit Systems wins $100m Latin American deal

The company will supply a homeland security solution.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won a $100 million contract in Latin America for a homeland security solution. Delivery will be made over the coming year.

The company will also supply an innovative intelligence gathering system, which it claims is a "groundbreaking operational solution."

Elbit Systems president and CEO Bezhalel (Butzi) Machlis said, “We are very proud of this contract award, demonstrating how the combination of a range of in-house technologies creates a power multiplier for the benefit of the customer”.

Published by Globes [online], Israel business news - www.globes-online.com - on April 8, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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