Israeli protection expertise firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) introduced at this time, that it has been awarded a contract in an quantity of roughly $340 million for the provision of ammunition to the Israeli Ministry of Protection (IMOD). The contract can be carried out over 10 years. Elbit Techniques will set up a producing facility to provide the ammunition.
RELATED ARTICLES
Elbit Techniques president and CEO Bezhalel Machlis mentioned, “We proceed to develop our manufacturing infrastructure and capabilities to assist our clients. I thank the IMOD for the belief positioned in our administration and workers. Elbit Techniques continues to develop, manufacture and ship top-tier technological options and merchandise which can be fight confirmed, to our clients in Israel and worldwide.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 1, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
