Author: Scott Nicholas|| Date Published: September 15, 2016
A business unit of Elbit Systems (Nasdaq: ESLT) has won a potential five-year, $103 million contract to manufacture 60mm, 81mm and 120mm mortar weapon systems for the U.S. Army.
The Defense Departmentsaid Wednesday Elbit Systems unit EFW will perform work under the firm-fixed-price contract through Sept. 13, 2021.
The Army Contracting Command received three bids for the procurement effort through an online-based solicitation and will provide funds and determine performance location upon issuance of each order.
Fort Worth, Texas-based EFW produces airborne technologies such as stores management systems, display processors, digital moving maps, integrated avionics systems, sustainability platforms and weapon replaceable assemblies for U.S. and international defense customers.
A business unit of Elbit Systems (Nasdaq: ESLT) has won a potential five-year, $103 million contract to manufacture 60mm, 81mm and 120mm mortar weapon systems for the U.S. Army.
