► Elbit Systems Awarded $130 Million in Contracts to Provide Artillery Munitions Production Line in a Country in Asia-Pacific

Haifa, Israel, March 27, 2022 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT)(“Elbit Systems”) announced today that it was awarded contracts with an aggregate value of approximately $130 million to deliver an artillery munitions production line in a country in Asia-Pacific. The contracts will be performed over a period of 2.5 years.

Under the contracts, Elbit Systems will build a turnkey industrial complex for enhanced manufacturing of artillery munitions.   

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems,said: “This contracts award attests to the quality of our portfolio and to our proven capability to perform technology co-operations in partnering countries”.