BizportalSecurity09:07

Elbit Systems Secures $235 Million Deal for Precision Rockets and PULS Launchers in Europe

By מנדי הניג

Translated & summarized from Bizportal by baba

BusinessNeutral tone

Hebrew · 7 newsrooms covering

Elbit Systems has secured a $235 million contract to supply precision rockets and PULS artillery launchers to an undisclosed European country over three years. The deal, facilitated by a government-to-government agreement, includes EXTRA-MR rockets and the versatile PULS system. This contract is part of Elbit's expanding presence in Europe, driven by increased defense spending and a growing demand for advanced long-range capabilities.

The story in 6 lines · by baba

Elbit Systems will supply precision rockets and PULS launchers to a European nation for $235 million.
The three-year contract involves EXTRA-MR rockets and the flexible PULS artillery system.
The deal is structured as a government-to-government agreement between Israel and the purchasing country.
This contract strengthens Elbit's position in the European defense market, following deals with Greece, Germany, and the Netherlands.
The order reflects increased defense spending and demand for long-range strike capabilities in Europe.
Elbit's CEO highlighted the growing international demand for the company's advanced rocket and launcher technologies.

Elbit Systems Secures $235 Million Deal for Precision Rockets and PULS Launchers in Europe — Editorial illustration generated by baba News, not a photograph of the event.

Elbit Systems announced on Tuesday a significant contract valued at $235 million to supply precision rockets and artillery launchers to an unnamed European nation. The three-year deal, facilitated through a government-to-government agreement between Israel's Ministry of Defense and the purchasing country's Ministry of Defense, will see Elbit deliver its EXTRA-MR rockets, capable of hitting targets up to 80 kilometers away, along with its PULS artillery rocket system.

The PULS system offers flexibility by allowing various rocket types and munitions to be launched from a single platform, reducing the need for separate systems and lowering training, maintenance, and logistical costs for the acquiring military. The EXTRA-MR rockets are compatible with the PULS system and can integrate with existing command, control, and intelligence systems.

This contract follows a series of recent European deals for Elbit, including a substantial $750 million agreement with Greece in April for PULS systems and ammunition, and previous contracts with Germany and the Netherlands. The company also formed a joint venture with Germany's KNDS in March to market the EuroPULS system, signaling its strategic push into the European market.

These orders reflect a broader trend of increased defense budgets in European countries and their efforts to enhance long-range artillery and strike capabilities. For Elbit Systems, Europe is becoming a crucial market, contributing significantly to its revenue through new system sales, ammunition, and long-term maintenance and support services.

Bezalel (Butzi) Maklis, President and CEO of Elbit Systems, stated that the contract reinforces the company's global leadership in rocket artillery and highlights the growing international demand for its advanced rocket and launcher technologies. He noted that the PULS systems and precision rocket solutions are being adopted by an increasing number of clients, including European nations and NATO members.

The new contract adds to Elbit's substantial order backlog, which stood at approximately $32 billion at the end of the second quarter of 2026, with about 73% originating from outside Israel. The company previously indicated that much of the backlog growth during that quarter came from Europe, underscoring the market's importance to its expansion. The revenue from this latest deal will be recognized over the three-year execution period, and Elbit did not disclose the number of launchers and rockets to be supplied or the expected profit margin.