The electronic warfare systems will be delivered over the next three years.
Defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) sid today that its Elisra Electronic Systems Ltd. subsidiary won contracts to supply airborne and ground electronic warfare (EW) systems for a customer in Asia. The systems will be delivered over the next three years.
The deals have an aggregate value of about $147 million.
Elbit Systems owns 70% of Elisra., and Israel Aerospace Industries Ltd. (IAI) subsidiary Elta Systems Ltd. owns 30%.
Elbit Systems shares closed at $63.05 yesterday.
Published by Globes [online], Israel business news - www.globes-online.com - on March 24, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010