2023-06-21 06:04:50 ET
- Elbit Systems ( NASDAQ: ESLT ) has secured a first purchase order worth ~$180 million to supply the first three out of a maximum seven Watchkeeper X tactical Unmanned Aerial Systems to the Romanian Ministry of National Defense with a maximum value of ~$410 million.
- The purchase order will be performed over a period of two years.
- Under the PO, Elbit Systems will provide upgraded Watchkeeper X tactical UAS with advanced capabilities including the Spectro XR™ multi-spectral electro-optical payload, new communication capabilities and others.
- Shares of ESLT are up 1.48% in premarket trading on Wednesday.
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Elbit Systems announces $180M supply contract for the Romanian Ministry of National Defense