Elbit Systems Awarded Approximately $1.4 Billion Contract for Extensive Military Modernization Programs

  • Deutsch
  • Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it has been awarded a contract valued at approximately $1.4 billion by a European customer for extensive military modernization programs. The contract will be performed over a period of five years.

    The modernized programs will provide improved maneuverability and survivability, spanning the entire battle domain. The state-of-the-art solutions to be delivered include a variety of uncrewed autonomous solutions, advanced networked land electronic warfare (EW), precision-guided munitions (artillery and air-to-ground), coupled with electro-optical designating and reconnaissance systems, all networked by software-defined radios (SDR). These solutions will improve the nation’s operational effectiveness towards becoming an advanced and modern army.

    Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “This contract reflects the breadth and attractiveness of Elbit Systems’ defense portfolio, as well as our ability to deliver both highly capable, best‑in‑class systems and comprehensive, integrated solutions tailored to evolving operational needs. Our proven experience working with numerous armed forces worldwide, together with our strong in‑house development capabilities and leading‑edge technological expertise, continue to drive growing demand for our solutions and position us as a trusted partner for long‑term military modernization programs.”


    About Elbit Systems

    Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

    Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

    Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $7,938.6 million in revenues for the year ended December 31, 2025 and an order backlog of $28.1 billion as of such date.


    If you use Google as your search engine, you can set Drones as your preferred source so that our content appears more frequently in your search results. Add Drones as your preferred source.


    The Drones PR portal features news and reports from companies, universities, and associations. The respective organisations are responsible for the content of their press releases.




    Offers

    Your guide to success

    Developing and implementing a sustainable business model is essential for any company. The Business Model Canvas helps to stay focused on the essentials and keep in mind what really matters.

    Subscribe to our free newsletter services and download the comprehensive guide for SMEs: „From product to business: The way to success with the Business Model Canvas“.