Israel’s Elbit Systems wins U.S. Army contract worth up to $79 million By Reuters

Israel's Elbit Systems wins U.S. Army contract worth up to


© Reuters. Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa

TEL AVIV (Reuters) – Israeli defence company Elbit Systems (TA:) (O:) said on Monday its U.S. subsidiary won a contract to supply the U.S. Army with gunner hand stations, commander hand stations and circuit cards for the Bradley Infantry Fighting Vehicle.

The contract, worth up to $79 million, will be carried out over five years. An initial purchase order of $26 million followed by a purchase order of $12 million have been issued the contract.

The gunner hand stations enable crew members to target and fire, and work in collaboration with the commander hand stations that drive the vehicles’ turret. The circuit cards provide processing and power supply to the hand station units.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *


About us

InvestLab is a financial services technology company focused on the global trading market. Founded in 2010 in Hong Kong, the company develops trading, market data, and social research products that enable individual investors and small to mid-size brokers to access global markets. We provide brokers and financial institutions cross border capabilities for retail investors into 43 markets globally.


CONTACT US

CALL US ANYTIME