DTN News - ISRAEL DEFENSE NEWS: Elbit Systems To Supply The Israeli Ministry Of Defense With Cardom Systems For Approximately $40 Million
(NSI News Source Info) TORONTO, Canada - September 18, 2011: Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that it was awarded a contract by the Israeli Ministry of Defense (IMOD) in the amount of approximately $40 million to supply Cardom systems to the Israeli Defense Forces (IDF).
Manufactured by Elbit Systems' subsidiary Soltam Systems Ltd., Cardom systems were initially supplied to the IDF in 2007 and are considered among the most advanced of their kind in the world. The systems are to be supplied over a period of four years.
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