Elbit Systems wins $50m Asian artillery, radio contracts

The company will supply its ATMOS self-propelled artillery and personal radios to a Far Eastern army.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won two contracts from a Far Eastern country for artillery and other systems worth $50 million.

In one $30 million contract, Elbit Systems will supply the Artillery Corps of the country's army with its ATMOS self-propelled artillery, which will be delivered over three years. In the second $20 million contract, the company will supply personal radios, which will delivered within a year.

Published by Globes [online], Israel business news - www.globes-online.com - on October 14, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018