Final week Israeli protection electronics firm Elbit Methods Ltd. (Nasdaq: ESLT; TASE:ESLT) introduced {that a} European nation had signed a $1.63 billion contract for the availability of a variety of protection options, for supply over a 5 12 months interval. “Globes” has discovered that the client is Serbia.
The order consists of two teams of merchandise. The primary group consists of long-range precision strike artillery-rocket programs and a broad-spectrum of unmanned reconnaissance and loitering aerial fight programs, from operational to tactical ranges, together with personally operated drones. Within the second group are refined ISTAR capabilities, together with SIGINT, COMINT and digital warfare programs. Enabled intelligence assortment and processing programs may even be delivered, together with superior electro-optical (E/O) and night-vision programs, fight automobile improve, and protecting programs. As well as, Elbit Methods will ship complete army digitalization and Community Fight Resolution, primarily based on the final software program technology and cutting-edge {hardware} communication gear. This consists of intelligence options from the C4ISR suite of command-and-control functions.
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The deal is massive by historic requirements. The most important-ever deal by an Israeli protection firm is the sale of the Arrow 3 by Israel Aerospace Industries (IAI) to Germany in 2023 for $3.5 billion. On the finish of June, Rafael Superior Protection Methods gained a young from the Romanian Ministry of Protection to buy a short-range and ultra-short-range air protection system (V/SHORAD) for about $2.2 billion. Earlier than the Arrow 3 sale, the file sale was of the Barak 8 missile programs (MRSAM) manufactured by IAI to India in April 2017, for about $1.6 billion and a month later, the naval model of Barak 8 missiles have been offered to India for an extra $630 million.
No response has been forthcoming from Elbit Methods.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 17, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
