6-K - Elbit Systems Ltd. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Elbit Systems Ltd. announced contracts worth approximately $277 million from an international customer for 30mm turrets and munitions, to be performed over three years. The contracts highlight confidence in the Company's advanced land systems and munitions technologies.

Key Takeaways

1Contracts valued at $277 million

2Supply of 30mm turrets (UT30 MK2) and munitions

3Awarded by an international customer

4Performance period of three years

5UT30 MK2 features configurable manned/unmanned design with 30mm gun, 7.62mm coaxial, and ATGMs

6Quote from CEO Bezhalel (Butzi) Machlis on customer confidence

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Transaction Details

Material Agreement

Parties: Elbit Systems Ltd., international customer

•Aggregate value approximately $277 million
•Supply of 30 mm turrets and munitions
•Contracts performed over three years
•UT30 MK2 turret: configurable manned and unmanned, modular design, open architecture, low profile, integrates 30mm main gun, coaxial 7.62mm, ATGMs

Exhibits (2)

6-K

EXHIBIT 1