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Israel Awards Elbit $100 Million Contract To Supply And Maintain Radio Systems

Rich Abott By
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The Israeli Ministry of Defense awarded Israel’s Elbit Systems Ltd. [ESLT] a contract worth about $100 million to supply advanced radio systems, the company said March 22.Under the contract Elbit will manufacture and provide hundreds of radio systems over five years. The company did not specify the precise number of radios ordered. Elbit will provide the Israeli Defense Forces (IDF) with hand-held, vehicle-mounted, and airborne third generation Software Defined Radios, which allow advanced network services at a high security level.Elbit…

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