Elbit Systems(US:ESLT) Huan Qiu Wang·2025-09-16 04:53Group 1 - The Spanish government has canceled a contract worth approximately €700 million (about 5.868 billion RMB) for the purchase of Israeli-designed rocket launcher systems [1] - The contract involved the acquisition of 12 high-mobility rocket artillery systems developed by Israel's Elbit Systems, which could have generated €150 million (about 1.258 billion RMB) for the company [1] - Spain has also officially canceled another contract for 168 anti-tank missile launchers valued at €287 million (approximately 2.406 billion RMB) that was to be produced by an Israeli company [3] Group 2 - The Spanish government is conducting a broader review to gradually eliminate Israeli weapons and technology from its armed forces [3] - Tensions between Spain and Israel have escalated, particularly following Israel's intensified military actions in Gaza, leading to Spain's announcement of a weapons embargo and other measures [3] - The measures include a permanent legal ban on arms, ammunition, and military equipment transactions with Israel, as well as restrictions on the entry of vessels and aircraft related to defense materials [3]