Elbit Systems (IL:ESLT) has released an update.
Elbit Systems Ltd. has secured a $53 million contract to provide their advanced Crossbow Unmanned Turreted Mortar Systems to General Dynamics European Land Systems for a European client’s armored vehicles, with a six-year fulfillment period. This first-time deal since Crossbow’s debut highlights its features like high crew protection and the ability to fire various NATO 120mm munitions with rapid response times. Elbit Systems, a major global defense technology firm, emphasizes their dedication to meeting modern battlefield requirements through innovative solutions.
For further insights into IL:ESLT stock, check out TipRanks’ Stock Analysis page.
