Israel signs $260 million deal with Elbit Systems for locally produced advanced aerial munitions

By Defence Industry Europe

Israel’s Ministry of Defense has signed contracts worth about $260 million (NIS 900 million) with Elbit Systems for locally produced aerial munitions for the Israel Defense Forces.

 

The weapons will be manufactured at Elbit’s facilities in Israel, which employ thousands of workers and have been operating at surge capacity since the start of the Swords of Iron War.

“We continue supporting the Israel Ministry of Defense with advanced solutions that enhance the operational readiness of the Israel Defense Forces,” Elbit Systems President and CEO Bezhalel (Butzi) Machlis said.

 

 

“These new contracts underscore our commitment to delivering cutting-edge technologies that meet the evolving needs of Israel’s defense forces.”

Machlis said the newly developed products would join Elbit’s growing portfolio of advanced solutions and could draw interest from armies abroad “given their relevance to emerging operational needs.”

 

 

The ministry said the deal is part of a strategy to bolster domestic defence production, applying operational lessons and meeting IDF needs for current and future operations over the next decade.

 

 

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