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Friday, March 31, 2023

Elbit (NASDAQ: ESLT) Receive $69M Contract to Provide EW Systems to a Country in Asia-Pacific

Elbit Systems Ltd. (NASDAQ: ESLT) confirmed that it has earned a $69 million pact to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific. The contract will be completed over a period of three years. Elbit Systems Ltd. is a multinational high-tech corporation that works on a variety of defense, homeland security, and commercial projects all around the world.

Elbit Systems and its subsidiaries work in the fields of aerospace, land, and naval systems, command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), unmanned aircraft systems, sophisticated electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems, and munitions.

“We are witnessing a growing demand for our EW capabilities as forces around the world increasingly appreciate the importance of owning the electromagnetic spectrum,” said Oren Sabag, General Manager of Elbit Systems ISTAR & EW.

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