ESLT - Elbit Systems Awarded Contracts from the Israel Ministry Of Defense in an Aggregate Material Amount | Benzinga
HAIFA, Israel, Dec. 18, 2023 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, in furtherance of the Company's report from November 28, 2023, that since the beginning of the Swords of Iron War, it has been awarded a series of contracts by the Israel Ministry of Defense (IMOD) in an aggregate amount that is material to the Company.
As reported by the Company on 28 November, 2023, since the beginning of the Swords of Iron War, Elbit Systems has experienced a considerable increased demand for its solutions from the IMOD compared to the routine levels of demand. The developments related to the war are difficult to predict. Subject to future developments, the IMOD's increased demand for the Company's products and solutions may continue and could generate material additional orders to the Company.
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial ...