Welcome to our dedicated page for Elbit Sys news (Ticker: ESLT), a resource for investors and traders seeking the latest updates and insights on Elbit Sys stock.
Elbit Systems Ltd (ESLT) is a global leader in advanced defense technologies, specializing in C4ISR systems, unmanned platforms, and aerospace solutions. This dedicated news hub provides investors and industry professionals with timely updates on the company’s strategic developments.
Access official press releases covering earnings announcements, government contracts, and technology innovations across defense and commercial aviation sectors. Our curated collection includes updates on system upgrades, international partnerships, and regulatory milestones critical to understanding ESLT’s market position.
Key focus areas include electro-optic advancements, cybersecurity initiatives, and modernization programs for military platforms. The page serves as an essential resource for tracking operational expansions and R&D breakthroughs in electronic warfare and sensor technologies.
Bookmark this page for streamlined access to verified information about Elbit Systems’ contributions to global security infrastructure. Check regularly for insights into emerging defense trends and the company’s role in shaping next-generation battlefield solutions.
Elbit Systems Ltd. (NASDAQ: ESLT) has secured a $172 million contract to supply light tanks to an Asian-Pacific country's army. This contract, expected to span three years, involves the delivery of the 'Sabrah' light tank based on the tracked ASCOD platform from General Dynamics and the wheeled Pandur II 8X8 from Excalibur Army. The 30-ton tanks will feature a 105mm turret and advanced subsystems, enhancing operational effectiveness. CEO Bezhalel Machlis emphasized the strategic collaboration with General Dynamics, aiming for expanded market opportunities.
Elbit Systems (NASDAQ: ESLT) announced on Jan. 21, 2021, that its UK subsidiary secured a contract worth approximately $137 million from the UK Ministry of Defence. This five-year contract aims to provide a future target acquisition solution for the British Armed Forces under the Dismounted Joint Fires Integrators program. The solution, leveraging Artificial Intelligence, enhances target acquisition for effective engagement of joint fires, facilitating rapid communication across military units.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a contract to supply Seagull™ Unmanned Surface Vehicles (USVs) to a Navy in the Asia-Pacific region. The contract, while not materially significant, will be executed over a 17-month period. Elbit will provide Seagull USVs configured for Mine Counter Measures, with options for Anti-Submarine Warfare capabilities. The vehicles will include advanced sonar systems and autonomous technology. This contract highlights the increasing demand for autonomous maritime solutions in defense.
Elbit Systems Ltd. (NASDAQ: ESLT) announced that its subsidiary, Elbit Systems UK, received a contract worth approximately $166 million from the UK Ministry of Defence for the Future Naval Training Program. This 12-year initiative aims to modernize the Royal Navy's training, including the Future Submarine School. The contract positions Elbit Systems UK as a key provider of training technologies, enhancing Defence Operational Training Capability. CEO Martin Fausset emphasized the significance of this award in advancing the Royal Navy's transformation agenda.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a significant contract valued at $24 million with the Dutch Ministry of Defence to supply new Enhanced Tactical Computers (ETC) MK7 to the Royal Netherlands Army. This contract spans 30 months and aims to replace outdated systems while enhancing Command and Control capabilities and mission information security. Haim Delmar, General Manager of Elbit Systems C4I & Cyber, highlighted the ongoing partnership with the Dutch MOD as crucial for future cooperation.
Elbit Systems Ltd. (NASDAQ: ESLT) has been selected to establish and operate the International Flight Training Center for the Hellenic Air Force, following an agreement between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense. The project is valued at approximately $1.68 billion (€1.375 billion) over 20 years. It includes delivering training aircraft, simulators, and logistical support. The contract award is contingent on finalizing commercial negotiations.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a definitive agreement for its U.S. subsidiary to acquire Sparton Corporation for $380 million. The acquisition aims to enhance Elbit Systems of America's capabilities in the naval sector, supporting Undersea Warfare for the U.S. Navy and allied forces. The deal is subject to regulatory approvals, which may take several months. The CEO expressed optimism that the acquisition will benefit both companies' employees and customers.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a $338 million contract with the Swiss Federal Department of Defense to supply an army-wide tactical mobile Software Defined Radio network solution. This contract, part of the Telecommunications Armed Forces digitization program, will be executed over six years. The award follows extensive evaluations by the Swiss Armed Forces. CEO Bezhalel Machlis emphasized Switzerland as a strategic market and the recognition of the E-LynX SDR solution in advanced military communication.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a $50 million follow-on contract with the Dutch Ministry of Defence to supply the Royal Netherlands Army with advanced digital soldier and vehicular systems over three years. This contract includes the TORCH-X Dismounted Command and Control systems and E-LynX Software Defined Radio systems, designed to meet the specific needs of the RNLA. The contract reinforces Elbit's ongoing partnership with the Dutch MOD, contributing to the modernization and effectiveness of Dutch soldiers.
Elbit Systems Ltd. (NASDAQ: ESLT) secured a $15 million contract from the Dutch Ministry of Defense to deliver XACT nv32 micro night vision monoculars over a two-year period, with potential follow-on orders extending to seven years. This builds on previous contracts in the Netherlands related to digital soldier systems and network-combat warfare systems. The XACT nv32 enhances operational effectiveness for both mounted and dismounted soldiers and is already in use by several NATO nations.
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