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Elbit Systems Sells Tank Turrets to Latvia Amidst Spanish Embargo on Israeli Arms
Elbit Systems has supplied advanced tank turrets for armored personnel carriers sold by Spain's Santa Bárbara Sistemas to Latvia, bypassing political obstacles created by Spain's anti-Israeli government.
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What happened
- 01Elbit Systems supplied advanced tank turrets to Latvia via a deal involving Spanish firm Santa Bárbara Sistemas.
- 02Spain's government, led by Prime Minister Pedro Sánchez, has previously imposed an embargo on Israeli arms.
- 03The deal includes 84 ASCOD armored personnel carriers equipped with Elbit's UT30 Mk2 turrets.
- 04The transaction is valued at approximately 800 million euros and deliveries are expected by 2029.
- 05Latvia is significantly increasing its defense spending due to regional security concerns.
- 06Elbit Systems has a substantial operational and manufacturing presence across Europe.
The deal, worth around 800 million euros, involves 84 vehicles equipped with Elbit's UT30 Mk2 turrets, to be delivered by 2029. This sale underscores the global demand for Israeli defense technology despite political challenges and highlights Elbit's strong European presence.
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