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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.
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Elbit Systems Ltd (NASDAQ: ESLT) announced a follow-on contract valued at approximately $100 million with the Israeli Ministry of National Security to deliver aerial firefighting services over eight years. This contract extends the company's role in providing operational support through a fleet of 14 aircraft, including maintenance and flight preparation.
The squadron will be operated under the Israeli Police's guidance and is designed to fulfill specific operational needs set by the Fire and Rescue Authority. Elbit Systems' General Manager of Aerospace, Yoram Shmuely, expressed confidence in the company's capabilities and the extension of the contract until the end of 2031, highlighting its ongoing commitment to national safety.