Israel's Elbit Systems wins U.S. Army contract worth up to $79 million
Reuters
Published Aug 31, 2020 02:45AM ET
TEL AVIV (Reuters) - Israeli defence company Elbit Systems (TA:ESLT) (O:ESLT) 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.
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Written By: Reuters
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