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Stock impact report

Elbit Systems U.S. Subsidiary Awarded $50 Million ID/IQ Contract to Provide Helicopter Systems to the U.S. Army

Elbit Systems Ltd. - Ordinary Shares (ESLT) 
Last elbit systems ltd. - ordinary shares earnings: 3/25 04:11 am Check Earnings Report
US:NASDAQ Investor Relations: ir.elbitsystems.com
Company Research Source: PR Newswire
HAIFA, Israel, Oct. 7, 2020 /PRNewswire/ --  Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that its U.S. subsidiary, Elbit Systems of America, LLC ("Elbit Systems of America"), was awarded an Indefinite Delivery/Indefinite-Quantity (ID/IQ) contract with a maximum value of approximately $50 million to produce spare parts in support of the Aviators' Night Vision Imaging System Head-Up Display system ("ANVIS HUD") of the U.S. Army. The contract, that will be performed over a period of five-years, was awarded on behalf of the United States Army, by the Defense Logistics Agency. An initial order for $17.9 million was recently placed under this contract, to be supplied until 2023.The ANVIS HUD is a day and night display system that connects to the helmets of Army helicopter pilots, allowing the pilots' heads to remain upright and looking out of the aircraft, with all applicable information presented in front of the pilots' eyes, instead of looking down or Show less Read more
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