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Elbit wins $260m German air defense contract

Israeli defense electronics company Elbit Systems has secured a $260 million contract to supply self-protection systems for Germany's A400M aircraft fleet. The agreement, signed with Airbus Defence and Space, will see Elbit deliver advanced defense technology designed to protect aircraft from infrared-guided missile threats over the next six years. This deal follows a procurement decision by Germany's Federal Office for Equipment, Information Technology and Operations. Elbit's president highlighted the company's global reputation for providing reliable air defense solutions and emphasized the importance of the partnership with Airbus in enhancing the safety of Germany's air fleet. Elbit's market value has surged, reflecting strong investor confidence amid rising demand for defense technologies in Europe.

Original article source: https://en.globes.co.il/en/article-elbit-wins-260m-german-air-defense-contract-1001517305
Source Id: 8789283632

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