Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) notified the Tel Aviv Stock Exchange (TASE) last week that its PULS rocket artillery system has been chosen by the Greek armed forces. However, Globes" understands that Lockheed Martin - Elbit’s main business rival on the product - has not given up hope of winning the contract from Greece. In a press release, Elbit said that the Greek parliament and the Government Council for National Security Council (KYSEA) had approved the budget for the purchase of the syst ...

Core Insights - Elbit Systems Ltd. has received approval from the Hellenic Parliament and KYSEA for a budget to purchase its PULS rocket artillery system for the Hellenic Armed Forces, anticipating a material contract [1][2] - The contract award is subject to the completion of commercial negotiations with the Hellenic Ministry of National Defense [2] Company Overview - Elbit Systems is a leading global defense technology company, providing advanced solutions across multiple domains [3] - The company employs approximately 20,000 people worldwide and reported revenues of $1,922 million for the three months ending September 30, 2025, with an order backlog of $25.2 billion as of that date [4]