Elbit Systems Awarded Contracts Worth Approximately $335 Million to Supply Defense Systems to a European Country

Core Viewpoint - Elbit Systems Ltd. has been awarded contracts totaling approximately $335 million to supply defense systems to a European country, which includes PULS rocket launchers and Hermes 900 Unmanned Aircraft Systems [1] Group 1: Contracts and Financials - The contracts will be executed over a period of three years and six months [1] - Elbit Systems reported approximately$1.6 billion in revenues as of June 30, 2024, with an order backlog of approximately $21.1 billion [6] Group 2: Product Details - The PULS system offers a versatile solution for launching unguided rockets, precision-guided munitions, and missiles, adaptable to various platforms, which reduces maintenance and training costs [2] - The Hermes 900 is Elbit Systems' largest unmanned aerial vehicle, designed for a variety of missions including intelligence, surveillance, and reconnaissance, and has been selected by over 20 customers globally since its introduction in 2011 [3] Group 3: Leadership Perspective - Bezhalel Machlis, President and CEO, emphasized the company's commitment to providing advanced defense solutions that enhance operational effectiveness and adaptability, reflecting global trust in their innovative systems [4]