Elbit Systems Bagged A $200M Deal From Israeli Ministry of Defense To Power Israel's "Iron Beam" Laser Defense System
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Elbit Systems Ltd. has secured a $200 million contract from the Israeli Ministry of Defense to supply high-power laser systems for the 'Iron Beam' air defense system, including ongoing support services.
October 28, 2024 | 7:46 am
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Elbit Systems Ltd. has been awarded a $200 million contract by the Israeli Ministry of Defense to supply high-power laser systems for the 'Iron Beam' air defense system, which is expected to enhance the company's revenue and market position.
The $200 million contract is a significant addition to Elbit Systems' revenue stream and strengthens its position in the defense sector. The deal also includes ongoing support services, indicating a long-term relationship with the Israeli Ministry of Defense.
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