Elbit Systems wins $235m rocket contract in Europe

Elbit Systems (TASE: ESLT; Nasdaq: ESLT) announced today that it had secured a $235 million contract to supply EXTRA-MR (Medium Range) rockets and PULS rocket artillery systems to a European client, under a government-to-government agreement between the Israeli Ministry of Defense and the client nation’s Ministry of Defense. The contract will be carried out over a three-year period.

Sources inform "Globes" that the country in question is Azerbaijan.

Under the contract, Elbit will supply the medium-range version of its EXTRA supersonic rocket system. The contract also includes the supply of PULS launchers, additional rocket artillery platforms, and integrated logistical support.

The EXTRA-MR is a precision-guided rocket designed for medium-range operational scenarios, facilitating accurate strikes against enemy targets at ranges of up to 80 km. The system is fully compatible with Elbit Systems’ PULS platform and existing C4I architectures, offering a flexible and cost-effective capability for a wide range of mission profiles.