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Stock impact report

Elbit Systems Awarded Approximately $200 Million Contract by the Israeli MOD to Supply High-Power Laser for the "Iron Beam" Air Defense System

Elbit Systems Ltd. - Ordinary Shares (ESLT) 
Last elbit systems ltd. - ordinary shares earnings: 3/25 04:11 am Check Earnings Report
US:NASDAQ Investor Relations: ir.elbitsystems.com
Company Research Source: PR Newswire
HAIFA, Israel, Oct. 28, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded an approximately $200 million contract by the Israeli Ministry of Defense (IMOD) to supply high-power laser systems for the "Iron Beam" air defense system.Under the contract, Elbit Systems will supply the IMOD, under the "Iron Beam" project, its high-power laser solution, developed by the Company to provide a robust defense against a variety of threats. Additionally, the contract includes ongoing support services.Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "As Israel's Laser Center and a global leader in high-power laser technology, Elbit Systems congratulates on the significant progress made in the "Iron Beam" project and is proud of its contribution to its success. The capabilities developed at Elbit Systems represent a leap forward in future defense against various threats."About Elbit SystemsElbit Syste Show less Read more
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