Final week Israeli protection electronics firm Elbit Techniques 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 realized that the client is Serbia.
The order consists of two teams of merchandise. The primary group contains long-range precision strike artillery-rocket methods and a broad-spectrum of unmanned reconnaissance and loitering aerial fight methods, 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 methods. Enabled intelligence assortment and processing methods may even be delivered, together with superior electro-optical (E/O) and night-vision methods, fight car improve, and protecting methods. As well as, Elbit Techniques will ship complete army digitalization and Community Fight Answer, based mostly on the final software program technology and cutting-edge {hardware} communication tools. This contains intelligence options from the C4ISR suite of command-and-control purposes.
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The deal is huge by historic requirements. The largest-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 Techniques received 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 document sale was of the Barak 8 missile methods (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 bought to India for a further $630 million.
No response has been forthcoming from Elbit Techniques.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 17, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
