Monday, February 26, 2024

Mystery buyer awards $220 million contract to Elbit Systems for guided munitions

Israeli defense electronics company Elbit Systems is selling its precision guidance kit for general purpose airborne warheads to a mystery Asian customer. 

According to a press release from Elbit Systems, it was awarded an approximately $220 million contract to supply precision guidance kits for airborne munitions to a country in Asia-Pacific.

As noted by the company, the contract will be performed over a period of 15 months.

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Under the contract, Elbit Systems will supply the Lizard precision guidance kit for general-purpose airborne warheads. The Lizard is a laser-based precision guidance kit enabling general-purpose airborne warheads, of both Western and Eastern versions, to engage targets, including fast-moving ones, with high accuracy.

“There is an increase in the demand for our precision fire capabilities as high accuracy has become an operational imperative across all domain of operations. Armed forces around the globe are requiring solutions that enable efficient conversion of ammunition stockpiles into a capability that is relevant in modern warfare, especially in light of lessons learned from recent military conflicts,” Bezhalel (Butzi) Machlis, Elbit Systems President & CEO said.

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Executive Editor

About author:

Colton Jones
Colton Jones
Colton Jones is the deputy editor of Defence Blog. He is a US-based journalist, writer and publisher who specializes in the defense industry in North America and Europe. He has written about emerging technology in military magazines and elsewhere. He is a former Air Force airmen and served at the Ramstein Air Base in Germany.

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