Elbit Systems Awarded Approximately $50 Million Contract for a New Air Defense System by an International Customer
Elbit Systems(ESLT) Prnewswire·2024-04-30 14:55
HAIFA, Israel, April 30, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today it was awarded a contract in an amount of approximately $50 million for its new air defense system, "Red Sky"™, by an international customer. The contract will be executed over a period of 2 years. The Red Sky is a Tactical Very Short-range Air Defense (VSHORAD) System designed to provide protection against low-altitude aerial threats. As part of the contract, Elbit ...