SPY453.42-3.98 -0.87%
DIA346.24-0.37 -0.11%
IXIC15,085.47-295.85 -1.92%

Elbit Systems Secures $74M Contracts To Supply Airborne Munitions

Benzinga · 11/11/2021 06:12
  • Elbit Systems Ltd (NASDAQ:ESLThas secured contracts in an aggregate amount of ~$74 million from the Defense Acquisition Program Administration of the Ministry of National Defense of the Republic of South Korea.
  • Under the contract, Elbit Systems will supply a range of airborne munitions as part of the Precision Fires Program of the Republic of Korea Air Force.
  • The company will perform the contracts over five years.
  • Price Action: ESLT shares closed lower by 1.93% at $152.13 on Wednesday.