Elbit Systems Secures $235 Million Contract for Rocket Systems to European Nation

By דין שמואל אלמס

Translated & summarized from Globes by baba

BusinessNeutral tone

Hebrew · 7 newsrooms covering

Elbit Systems has secured a $235 million contract to supply EXTRA-MR rockets and PULS rocket artillery systems to an unnamed European country through a government-to-government agreement. The three-year deal involves precision-guided rockets with a range of up to 80 kilometers. This follows a previous $650 million contract with Greece for similar systems, highlighting Elbit's growing presence in the European defense market.

The story in 5 lines · by baba

Elbit Systems won a $235 million contract to supply rockets and artillery systems to a European nation.
The deal includes EXTRA-MR rockets and PULS rocket artillery systems.
The contract is a three-year government-to-government agreement between Israel and the customer country.
The EXTRA-MR rockets are precision-guided and can hit targets up to 80 kilometers away.
This follows a similar $650 million contract Elbit Systems secured with Greece in April.

Elbit Systems Secures $235 Million Contract for Rocket Systems to European Nation — Editorial illustration generated by baba News, not a photograph of the event.

Elbit Systems announced on Tuesday that it has been awarded a $235 million contract to supply EXTRA-MR (medium-range) rockets and PULS rocket artillery systems to a European client. The deal, which will be executed over three years, is structured as a government-to-government agreement between Israel's Ministry of Defense and the defense ministry of the customer nation.

Under the terms of the contract, Elbit will provide the medium-range version of its EXTRA supersonic rocket system, along with PULS launchers, additional rocket artillery platforms, and integrated logistical support. The EXTRA-MR is a precision-guided rocket designed for medium-range operational scenarios, capable of hitting enemy targets up to 80 kilometers away. The system is fully compatible with Elbit's PULS system and existing C4I architectures, offering a flexible and cost-effective solution for various mission profiles.

This new contract follows a significant deal in April where Elbit Systems finalized a $650 million (2.3 billion shekel) PULS system sale to the Greek military. That agreement, spanning four years, also includes a ten-year support and maintenance period and involves industrial cooperation with the production of some system components in Greece, aligning with the Greek government's defense strategy.

Unlike other recent European deals or ongoing negotiations within a European partnership with Germany's KNDS (EuroPuls), this contract is exclusively with Elbit Systems. The Greek parliament had previously approved its PULS deal in December, reportedly for 36 multiple-launch rocket systems and various range rockets, intended for deployment along Greece's northeastern border with Turkey and on Aegean islands.