Elbit Systems Ltd. has announced that it has been awarded various contracts by the Israel Ministry of Defense (“IMOD”), in a number of fields of activity for a total value of approximately $315 million.
One of the contracts is for the Hermes® 900 Unmanned Aircraft System (“UAS”), to be supplied within three years. In addition, Elbit Systems will provide maintenance services for Unmanned Aircraft Systems over a period of eight years. The total contract value for this is approximately $90 million.
Elbit Systems employs approximately 10,000 employees in Israel and provides work for an additional approximately 7000 employees of our local subcontractors. The Company operates in 15 different sites throughout Israel, from Kiryat Shmona, Tel-Hai and Karmiel in the North to Ashdod, Arad, Hatzerim and Sderot in the South.