Elbit Systems' Advanced C4I Solution Selected for European Artilery Upgrade
Portfolio Pulse from Charles Gross
Elbit Systems has been chosen by a European country to upgrade its 155mm howitzer battalions with advanced Digital Fires capabilities. This will include integrating Elbit's C4ISR Artillery Suite, Torch-X Fires application, and E-LynX Software Defined Radio (SDR) radios.
March 27, 2024 | 10:54 am
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Elbit Systems has secured a contract to upgrade 155mm howitzer battalions for a European country, integrating its advanced C4ISR Artillery Suite and E-LynX SDR radios.
Securing a contract for upgrading military capabilities of a country indicates a strong vote of confidence in Elbit Systems' technology and its ability to deliver on complex defense projects. This is likely to be viewed positively by investors, potentially leading to a short-term uptick in ESLT's stock price due to the anticipated increase in revenue and the strengthening of its market position in defense technology.
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