Elbit Systems won a contract worth $ 80 million to supply unmanned turrets for armored vehicles

Posted on Sep 22, 2022 by Ifi Reporter

The Elbit Systems, which deals in air, land and sea systems for use in the fields of security, won a contract worth 80 million dollars to supply unmanned turrets for armored vehicles of a country in the Asia-Pacific. The contract will be executed over a period of three years.
As part of the contract, Elbit will supply unmanned light towers with a 30 mm cannon that combine sensors and display systems to improve situational awareness, target acquisition capabilities, fire control systems and various types of weapon systems, which improve the performance of the Elbit Systems company, which deals in air, land and sea systems for use in the fields of security. won an $80 million contract to supply unmanned turrets for armored vehicles of an Asia-Pacific country over a three-year period.
As part of the contract, Elbit will supply unmanned light turrets with a 30 mm cannon that integrate sensors and display systems to improve situational awareness, target acquisition capabilities, fire control systems and various types of weapon systems, which improve performance.
Last week, the company signed a contract with an Asia Pacific country as well, according to which it will provide that country's air force with a solution to conduct flight training in an environment that has electronic warfare threats. In return, Elbit will receive 76 million dollars, with the contract being for two years.
Yehuda (Odi) Ward, CEO of Elbit's land division, said: "I believe that Elbit Systems is in a unique position to respond to the renewed and growing demand of armies around the world to improve the operational capabilities of their armored platforms, due to our ability. to provide comprehensive integrated solutions".
Since the beginning of the year, the share of Elbit Systems has increased by 32.5% to a price of NIS 710.7, representing a value of NIS 31.51 billion. The company's profit in the second quarter of this year amounted to 133.8 million dollars on revenues of 2.65 billion dollars. In 2021 as a whole, the company earned $274.6 million on revenues of $5.28 billion. The value expresses a profit multiplier of 43..
Last week, the company signed a contract with an Asia Pacific country as well, according to which it will provide that country's air force with a solution to conduct flight training in an environment that has electronic warfare threats. In return, Elbit will receive 76 million dollars, with the contract being for two years.


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