The Israeli Ministry of Defense awarded Elbit Systems [ESLT] about $54 million total in contracts for the supply and maintenance of advanced electro-optics (EO) systems, the company said on Jan. 14.
This will be provided by the the company’s Electro-optics Elop Ltd. Over a six-year period.
“We are proud to be awarded these contracts, attesting to the company’s technological capabilities that led to the development of these systems. This is the result of our continuous efforts and investments in research and development,” Adi Dar, Elop’s General Manager, said in a statement.