Israel Elbit Systems Awarded a Contract of $70 Million to Supply Rockets to a European Country

TR_123456

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Haifa, Israel, January 11, 2023 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a contract in an amount of approximately $70 million to supply rockets to the armed forces of a European country. The contract will be performed over a period of 3 years.





Under the contract, Elbit Systems will supply 122mm extended-range rockets that are intended to significantly increase the performance and effectiveness of operations by allowing ground forces to concentrate fire at an increased range of up to 40 kilometers. The rocket offers simple autonomous operation in various weather conditions and can be ready to be launched in less than one minute.





About Elbit Systems


Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

 

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122 mm rocket? Must be a Eastern Europe country with ex-Soviet MLRS like Grad. Didn‘t knew that Israelis produce them.

Edit: Oh, Roketsan produces TRG-120 mm rockets. Didn‘t know that either.
 

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