Elbit Systems Awarded Contracts Worth $130 Million for an Artillery Munitions Production Line in Asia-Pacific

By ARIE EGOZI

Defence Industry

Tel Aviv: Elbit Systems announced March 27 that it was awarded contracts with an aggregate value of approximately $130 million to deliver an artillery munitions production line in a country in Asia-Pacific. The contracts will be performed over a period of 2.5 years.

Under the contracts, Elbit Systems will build a turnkey industrial complex for enhanced manufacturing of artillery munitions.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: “This contracts award attests to the quality of our portfolio and to our proven capability to perform technology cooperation in partnering countries”.

Elbit Systems’ battle-proven precision artillery ammunition with long-range capabilities includes highly effective extended-range High-Explosive (HE) and Super-High Explosive (S-HE) projectiles and advanced charge systems for 155mm gun ring systems with a 39, 45, and 52 caliber barrel.