Five-Year $144 Million Continuation of Existing Contract
Elbit Systems has been awarded a contract, valued at approx. $144 million (€129 million) to supply small calibre ammunition to the Israeli Defence Forces (IDF), the company announced on 1 January.
The five-year contract, which will take effect from 2021, has been awarded by the Ministry of Defence’s (MoD) Production and Procurement Directorate. It effectively extends an existing multi-year agreement with the MoD.