Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) announced today that it has been awarded contracts worth $74 million from the Defense Acquisition Program Administration of the Ministry of National Defense of the Republic of South Korea, to supply a range of airborne munitions as part of the Precision Fires Program of the Republic of Korea Air Force. The contracts will be performed over a five-year period. RELATED ARTICLES Elbit Systems unit wins $100m Royal Navy EW contract Elbit Systems wins $76m US Apache helmet deal Elbit Systems medical device Beyeonics spinoff raises $36m Elbit Systems wins follow-on US night vision order Elbit Systems Land general manager Yehuda Vered said: "We see an increase in the demand for our diverse portfolio of munitions as air forces seek fires capabilities of greater sophistication and impact." Published by Globes, Israel business news - en.globes.co.il - on November 11, 2021. © Copyright of Globes Publisher Itonut (1983) Ltd., 2021.