Elbit Systems (ESLT) announced that is has been awarded $1.64B contract to deliver a range of defense solutions to a European country. The implementation of the contract is expected to span over a five-year period. The contract includes two groups of technologically advanced solutions from Elbit Systems. The first group includes long-range precision strike artillery-rocket systems and a broad-spectrum of unmanned reconnaissance and loitering aerial combat systems, from operational to tactical ranges, including personally operated drones. The second group includes, among others, ISTAR capabilities, including SIGINT, COMINT and electronic warfare systems. In addition, Elbit Systems will deliver comprehensive military digitalization and Network Combat Solution, based on the last software generation and cutting-edge hardware communication equipment.
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