Defense firm Elbit gets $173m contract for naval remote control weapon stations
Company says in stock exchange filing that deal with unnamed Asia-Pacific country will be over 5-year period
Shoshanna Solomon was The Times of Israel's Startups and Business reporter
Elbit Systems Ltd., a defense contractor, said on Thursday it got a contract of about $173 million, over a period of five years, to provide naval remote controlled weapon stations (RCWS) to the navy and coast guard of an unnamed Asia-Pacific country.
Under the contract, Elbit Systems will provide lightweight, naval RCWS to be installed on board a wide range of vessels.
The naval RCWS that will be supplied feature a 12.7mm machine gun and ammunition, Elbit Systems’ advanced fire control system, and the company’s modular electro-optic suite.
“I am confident that the demand for the weapon stations we offer will continue to grow, as customers increasingly recognize our unique capacity to draw on an exceptionally broad portfolio to provide comprehensive operational solutions,” Yehuda (Udi) Vered, general manager of Elbit Systems Land and C4I, said in a filing to the Tel Aviv Stock Exchange.
Elbit is a tech firm that develops a wide range of defense, homeland security and commercial systems that are sold globally. The firm, whose shares are listed in Tel Aviv and on the Nasdaq, operates in the fields of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance systems, among others.
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