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Elbit Systems wins 3 Asian contracts

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midastouch017   Tuesday, 08/07/07 05:02:54 AM
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Elbit Systems wins 3 Asian contracts
The company will upgrade tank and artillery systems in three countries.
Adi Ben-Israel 7 Aug 07 10:50
Defense contractor Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has won three contracts worth an aggregate $163 million for the supply of tank and artillery systems upgrades for customers in three Asian countries. The contracts will be carried out through 2009.
Elbit will upgrade fire control, command and control systems for tanks and artillery systems.

Elbit Systems president and CEO Joseph Ackerman said, "Recent land systems orders announced by the company, including the sale of turrets to Romania and Slovenia, position Elbit Systems as one of the leading companies in the field of land systems. I believe the new orders will serve as a springboard for additional orders from these customers and other customers worldwide".

Published by Globes [online], Israel business news - www.globes.co.il - on August 7, 2007



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