Elbit Systems wins Singapore Hermes 900 drone deal

Core Insights - The Singapore Air Force is replacing its Hermes 450 UAVs with the newer Hermes 900 model, which was procured from Elbit Systems Ltd [1][2] - The Hermes 900 UAV has been evaluated as the best fit for the operational needs of the Singapore Air Force, joining a global list of countries utilizing this advanced system [2] - Elbit Systems recently secured a $120 million contract to supply Hermes 900 UAVs for long-range maritime patrol missions for an international customer [2] Company Overview - Elbit Systems Ltd is recognized as one of the leading UAV companies globally, currently ranked fifth in the UAV sector according to the Defense Post [4] - The Hermes 900 is a medium-altitude, long-endurance UAV with a range exceeding 1,000 kilometers, designed for various missions including intelligence gathering and reconnaissance [3] - Since its introduction in 2011, the Hermes 900 has been selected by over 20 customers worldwide, indicating its strong market presence [3]