Elbit Systems Awarded Approximately $53 Million Contract to Supply Crossbow Unmanned Turreted Mortar Systems for a European Customer
Elbit Systems Ltd. - Ordinary Shares (ESLT)
Last elbit systems ltd. - ordinary shares earnings: 3/25 04:11 am
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Source: PR Newswire
HAIFA, Israel, May 8, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $53 million to supply the Crossbow Unmanned Turreted 120mm Soft Recoil Mortar Systems to General Dynamics European Land Systems (GDELS) for the installation on Pandur 6x6 APC wheeled armored vehicle for a European customer. The contract will be performed over a period of 6 years.This marks the first contract signed for the supply of the Crossbow since its unveiling at the DSEI exhibition in London in 2023. Elbit Systems' Crossbow offers high protection and survivability for the mortar operator's crew and a short sensor-to-shooter circle, and is capable of shooting the first round in less than 30 seconds. It has a maximum rate of ten rounds per minute with a sustained rate of fire of six rounds per minute. The system can fire a variety of NATO 120mm ammunition, including the Iron Sting guided mor
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News
- Elbit Systems Ltd. (NASDAQ: ESLT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- Elbit Systems Awarded Approximately $50 Million Contract for a New Air Defense System by an International CustomerPR Newswire
- Elbit Systems Announces a Postponement of its Extraordinary General Meeting of ShareholdersPR Newswire
ESLT
Earnings
- 3/26/24 - Beat
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Sec Filings
- 5/8/24 - Form 6-K
- 5/6/24 - Form 6-K
- 5/6/24 - Form 6-K
- ESLT's page on the SEC website