Elbit will modernize a European country's military for $1.4 billion

The company announced that it has signed a five-year contract with a European country to supply autonomous unmanned vehicles, ground-based electronic warfare systems, precision-guided munitions for artillery and air-to-ground attacks, and electro-optical marking systems

Elbit Systems announced on Tuesday it had won a major contract worth about $1.4 billion from a European country to supply broad military modernization programs.
The contract will be carried out over five years and reflects continued strong demand in European markets for Israeli defense systems, amid a procurement surge by countries across the continent.
According to the company, the program includes a wide range of advanced solutions intended to improve battlefield maneuverability and survivability. The systems to be supplied include autonomous unmanned platforms, advanced electronic warfare systems, precision-guided munitions for artillery and air-to-ground strikes, electro-optical designation systems and reconnaissance systems, all connected through software-defined radio, or SDR.
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משגר רקטות PULS
משגר רקטות PULS
Elbit's PULS rocket launcher
(Photo: Courtesy of Elbit)
The package is intended to turn the customer’s military into a more modern and integrated force capable of operating across all combat domains.
Bezhalel “Butzi” Machlis, president and CEO of Elbit Systems, said the contract “reflects the breadth and attractiveness of Elbit Systems’ defense portfolio, as well as our ability to provide both best-in-class systems and comprehensive integrated solutions tailored to evolving operational needs.”
He said the company’s experience working with militaries around the world, along with its internal development capabilities and technological expertise, position it as a reliable partner for long-term modernization programs.
The new contract joins a long list of deals Elbit signed over the past year, amid a significant increase in defense budgets among European countries following the Russia-Ukraine war and worsening security tensions on the continent. The company reported revenue of about $7.94 billion for 2025 and a backlog of $28.1 billion as of the end of the year.
The identity of the European purchasing country was not disclosed, in line with common practice in government defense deals at their early stages.
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