Elbit Systems (IL:ESLT) has released an update.
Elbit Systems Ltd. has secured a $50 million contract to provide its new Red Sky air defense system to an undisclosed international customer, with the fulfillment period spanning over two years. The system, designed to counter low-altitude aerial threats, integrates advanced electronic warfare and anti-aircraft missile capabilities. Elbit Systems, a global defense technology leader with $6 billion in 2023 revenues, continues to expand its footprint in the defense sector.
For further insights into IL:ESLT stock, check out TipRanks’ Stock Analysis page.
