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Benzinga

Business

Akanksha Bakshi

Elbit Bags $69M Contract To Provide EW Systems

ESLT Elbit Systems Ltd Nasdaq

Elbit Systems Ltd (NASDAQ:ESLT) has secured a $69 million contract to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific.
The contract will be delivered over three years.
"We witness a growing demand for our EW capabilities as militaries around the world increasingly recognize the importance of dominating the electromagnetic spectrum," commented Oren Sabag, General Manager of Elbit Systems ISTAR & EW.
Price Action: ESLT shares are trading higher by 3.01% at $202.15 on the last check Tuesday.

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