A $215 million contract was given to Elbit Systems to provide an aerial intelligence solution to an Asia-Pacific nation.

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Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) declared today that it has received a contract for around $215 million to supply an Asia-Pacific nation with an aerial intelligence solution.

The deal will be completed over a two-year timeframe.

“This contract win is due to the operational edge and maturity of our technologies as well as the faith of our customers in our solutions,” said Bezhalel (Butzi) Machlis, president and chief executive officer of Elbit Systems.
Regarding Elbit Systems
A global leader in high technology, Elbit Systems Ltd. is involved in numerous defence, homeland security, and commercial programmes. The Company, which consists of Elbit Systems and its subsidiaries, engages in the development and production of munitions, command, control, communications, computers, intelligence, surveillance, and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, electronic warfare suites, and signal intelligence systems. As well as developing new technologies for defence, homeland security, and commercial applications, the company focuses on enhancing current platforms and offering a variety of support services, such as training and simulation systems.

Source: Prnewswire

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