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Reuters
Reuters
Business

Israel's Elbit Systems gets $150 million Australian defence contract

Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. Picture taken February 26, 2017. REUTERS/Baz Ratner

TEL AVIV (Reuters) - Israeli defence firm Elbit Systems Ltd <ESLT.TA> said its subsidiary won a $150 million contract to provide support services to the Australian Defence Force for battle management system command and control.

The contract is for five years and optional extensions of up to seven years may be exercised in the future, Elbit <ESLT.O> said in a statement on Thursday.

"This is a major contract for Elbit Systems of Australia that will significantly enhance and strengthen its local engineering and support capabilities," said Yehuda Vered, general manager of Elbit Systems Land and C4I.

(Reporting by Tova Cohen; Editing by Tova Cohen)

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