Israel: Elbit Systems secures USD 340 million ammunition deal

Source: Elbit Systems, Defence Industry Europe

Elbit Systems announced that it was awarded a contract in an amount of approximately USD 340 million for the supply of ammunition to the Israeli Ministry of Defence (IMOD). The contract will be performed over a period of 10 years. Elbit Systems will establish a manufacturing facility to produce the ammunition.

 

“We continue to expand our production infrastructure and capabilities to support our customers. I thank the IMOD for the trust placed in our management and employees. Elbit Systems continues to develop, manufacture and deliver top-tier technological solutions and products that are combat proven, to our customers in Israel and worldwide,” said Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems.

This procurement is part of the IMoD’s strategy to ensure a steady supply of critical materials for the IDF’s strength and longevity during ongoing and future operations.

 

 

“This deal marks a significant milestone in the Ministry of Defence’s vision, initiated under Minister Yoav Galant’s guidance, to ensure the continuous advancement of the IDF’s operational capabilities. We are committing millions to build and expand production lines, supporting our long-term objectives. Beyond addressing immediate security needs, this investment will stimulate the economy, create new jobs, and drive future growth in defence exports,” said Director General of the Israel Ministry of Defence, Maj. Gen. (Res.) Eyal Zamir.

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