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Elbit Systems U.S. Subsidiary Awarded Up to ~$471M Contract by the U.S. Air Force to Supply Missile Warning Systems

Elbit Systems Ltd. (NASDAQ: ESLT) announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year pe

Benzinga · 03/09/2020 08:09

Elbit Systems Ltd. (NASDAQ: ESLT) announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period, to equip F-16 aircraft of the U.S. Air National Guard and Air Force Reserve Command, with pylon-based infrared missile warning systems. The contract includes an initial order valued at approximately $17 million. The work will be performed in Fort Worth, Texas.