Elbit Systems Books $660M Intelligence Tech Supply Contract With European Customer

Elbit Systems (Nasdaq: ESLT) has booked a pair of contracts worth $768 million combined to supply a combat networked system and airborne munition guidance kits to unnamed customers in the Asia-Pacific region. The first award, valued at $548 million over four years, is for an integrated system comprising networking middleware, command and control and software-defined

Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary and a Textron (NYSE: TXT) business segment have partnered to build a prototype as part of their joint bid for the U.S. Marine Corps’ Advanced Reconnaissance Vehicle development program. The Cottonmouth prototype from Textron Systems and Elbit Systems of America will be equipped with the IronVision system to offer

Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary closed its purchase of Sparton from an affiliate of Cerberus Capital Management after it received U.S. government clearance and other regulatory approvals needed to complete the transaction. “The growing importance of the maritime arena and the market position and technological strength of Sparton make this acquisition significant to our