Elbit Systems Secures $235 Million Contract for Rocket Systems
Translated & summarized from Walla by baba
Elbit Systems has won a $235 million contract to supply PULS rocket artillery systems and guided rockets to a European customer through an Israeli Ministry of Defense agreement. The deal, spanning three years, includes multi-caliber launchers and the 80km-range EXTRA-MR rocket. This contract contributes to Elbit's growing global presence in rocket artillery, with total orders exceeding $1.2 billion this year.
The story in 5 lines · by baba
- Elbit Systems secured a $235 million contract for PULS rocket artillery systems and guided rockets for a European client.
- The three-year deal was finalized via an intergovernmental agreement involving the Israeli Ministry of Defense.
- The supply includes multi-caliber PULS launchers and the 80km-range EXTRA-MR precision rocket.
- This contract adds to Elbit's growing portfolio, with total rocket orders surpassing $1.2 billion this year.
- Elbit's PULS systems are positioned as a leading alternative to the American HIMARS.
Elbit Systems announced on Monday that it has secured a significant contract worth approximately $235 million to supply its PULS™ rocket artillery systems and EXTRA-MR guided rockets to a European customer. The deal, which will be executed over three years, was finalized through an intergovernmental (G-to-G) agreement between the Israeli Ministry of Defense and the purchasing country's Ministry of Defense.
Under the terms of the agreement, Elbit will provide multi-caliber PULS launchers, additional artillery platforms, and comprehensive logistical support. A key component of the supply is the EXTRA-MR (Medium Range) rocket, a supersonic and precise munition capable of hitting high-value targets up to 80 kilometers away, fully integrating with the customer's existing command and control (C4I) systems.
This new contract adds to a series of recent deals for Elbit's rocket systems, positioning them as a leading global alternative to the American HIMARS system. The company has seen increased adoption of its PULS systems within NATO armies, including collaborations with local industries like KNDS in Germany and integration onto local platforms, resulting in cumulative deals worth hundreds of millions of dollars.
Additional contracts signed in recent months for launchers and precision munitions, such as the Predator Hawk rockets (300 km range) and Accular short-range rockets, for NATO countries and Asian defense clients, total over $600 million. Cumulatively, Elbit's rocket deals and orders since the beginning of the year have surpassed $1.2 billion. A major deal with Germany, valued in the billions of dollars, is expected to be approved next year.
Bezalel (Butzi) Maklis, President and CEO of Elbit Systems, stated that the contract win reinforces Elbit's global standing in rocket artillery and reflects the growing international demand for its advanced capabilities. He emphasized that the PULS systems and precision rocket solutions are recognized as industry leaders and have been chosen by an increasing number of global clients, including European nations and NATO members. Elbit remains committed to providing advanced operational capabilities to support evolving defense needs.
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