Elbit Systems Secures $260 Million NATO Deal for Artillery Systems
Translated & summarized from Globes by baba
Elbit Systems has won a $260 million contract to supply advanced PULS rocket artillery systems and ammunition to a European NATO country. The deal, to be executed over five years, adds to a series of recent major international and domestic contracts for the Israeli defense firm. These include deals worth $235 million with Azerbaijan and $200 million with an Asia-Pacific nation, as well as a $170 million contract with the Israeli Ministry of Defense for an artillery training center.
The story in 5 lines · by baba
- Elbit Systems awarded a $260 million contract for artillery systems to a European NATO nation.
- The deal includes advanced PULS rocket artillery systems and ammunition.
- The contract is expected to be fulfilled over a five-year period.
- Elbit Systems recently secured other major deals in Azerbaijan and the Asia-Pacific.
- The company also won a $170 million Israeli defense contract for an artillery training center.
Elbit Systems announced on Thursday a significant contract valued at approximately $260 million to supply advanced PULS rocket artillery systems and ammunition to a European NATO member country. The identity of the client was not disclosed, and the contract is expected to be fulfilled over a five-year period.
The PULS (Precise & Universal Launching System) is a versatile platform capable of firing unguided rockets, guided munitions, and missiles across various ranges, offering substantial battlefield flexibility. Bezhalel (Butzi) Maklouf, President and CEO of Elbit Systems, stated that the continued selection of the PULS system by European and NATO clients reflects its operational maturity.
This latest deal marks another in a series of major contracts for Elbit Systems in recent weeks. On October 19, the company reported a $235 million contract to supply EXTRA-MR rockets and PULS launchers to Azerbaijan. Subsequently, on October 26, Elbit announced contracts totaling around $200 million for intelligence gathering (ISTAR) and aerial training solutions for a country in the Asia-Pacific region.
Domestically, Elbit Systems also secured a $170 million contract with the Israeli Ministry of Defense on November 2. This contract, spanning 15 years, is for the establishment and operation of an advanced training center for the Artillery Corps.
