Elbit Systems Awarded a Contract of Approximately $340 Million for the Supply of Ammunition to the Israeli Ministry of Defense

Core Insights - Elbit Systems Ltd. has been awarded a contract worth approximately $340 million for the supply of ammunition to the Israeli Ministry of Defense, which will be executed over a period of 10 years [1] - The company plans to establish a manufacturing facility specifically for the production of this ammunition [1] Company Overview - Elbit Systems is a leading global defense technology company that develops, manufactures, integrates, and sustains advanced solutions across multiple domains [2] - The company employs over 19,000 people across five continents and reported revenues of approximately $1.6 billion as of March 31, 2024, with an order backlog of $20.4 billion [3]