Daily Management Review

Elbit System From Israel In A Defense Deal With An Asia-Pacific Country


02/22/2020


Elbit in a “$670 million” deal to sell its defense electronics technology.



According to Reuters’ reports the Elbit Systems from Israel stated on Tuesday, 18 February 2020, that it has managed to bag a contract worth “$670 million”. The contract has been signed with an Asia-Pacific country wherein the company will be supplying defense products.
 
The Elbit Systems specialises in defence electronics technology which is scheduled to complete the above mentioned deal within a period of twenty five months, although no further details regarding the information about the specific systems involved in the deal were provided so far. In fact, the company also did not disclose the name of the country with which it will carry out its recent defense deal.
 
References:
reuters.com







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