Elbit Systems Secures Contract with Airbus Defence and Space
Elbit Systems Ltd, a leading aerospace and defense company, has secured a contract with Airbus Defence and Space to supply its J-MUSIC Directed Infrared Counter Measures self-protection systems for the German Air Force’s A400M transport aircraft fleet.
- The contract is valued at approximately $260 million.
- The contract is expected to be executed over a 6-year period.
This contract marks a significant milestone for Elbit Systems, highlighting its expertise in designing and supplying integrated defense systems. The company’s stock price has surged in response to this news, reflecting its growing reputation and financial performance.
Contract Details
- Contract value: $260 million
- Contract duration: 6 years
- Supplier: Elbit Systems Ltd
- Customer: Airbus Defence and Space
- End-user: German Air Force