DealsMay 28, 2026, 06:12 AM
Elbit Systems wins $350M tank upgrade contract
AI Summary
Elbit Systems secured a $350 million contract from an international customer to upgrade Main Battle Tanks over four years. The program includes integrating advanced Fire Control Systems, Electric Gun & Turret Drive Systems, and communication solutions, alongside a Mid Life Upgrade package. This modernization aims to extend service life and enhance combat readiness with new AI-capable electro-optical sights and secure communication suites.
Key Highlights
- Elbit Systems awarded a $350 million contract.
- Contract is for Main Battle Tank (MBT) upgrades.
- Customer is an international entity.
- Program includes advanced Fire Control Systems and Electric Gun & Turret Drive Systems.
- Integrates Communication and Situational Awareness solutions.
- Includes a Mid Life Upgrade package.
- Contract performance period is four years.
- Modernization features AI-capable electro-optical sights.
Price Impact
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