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  • Wednesday, April 24, 2024

Elbit Systems Reports $768M in APAC Contracts for Tactical Network, Munition Guidance Systems

Elbit Systems (Nasdaq: ESLT) has booked a pair of contracts worth $768 million combined to supply a combat networked system and airborne munition guidance kits to unnamed customers in the Asia-Pacific region.

The first award, valued at $548 million over four years, is for an integrated system comprising networking middleware, command and control and software-defined radio platforms, the Israel-based defense technology supplier said Thursday.

Elbit noted it will provide development and knowledge transfer services to an APAC country in support of the customer’s military-wide, multi-domain technology program.

The second order is worth $220 million over a 15-month performance period and covers the provision of laser-based guidance technology designed for general-purpose airborne warheads.

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