05/26/2019 | Press release | Distributed by Public on 05/26/2019 05:20
Elbit SystemsLtd. (NASDAQ: ESLT) announced today that it was awarded a $127 million contract to supply vehicular tactical radio systems to the Army of a country in South Asia. The contract will be performed over a three-year period.
The radios to be supplied will include several configurations for integration onboard a range of armored fighting vehicles and tanks at the battalion and company levels.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: 'We are pleased with this contract award which shows that customers recognize the advantages of our radio systems. We believe that there is a significant growth potential for our communications and command and control solutions as armed forces increasingly seek to build up their networked warfare capabilities.'