Elbit Systems Ltd. has been awarded a series of contracts totaling approximately $760 million for the supply of ammunition to the Israeli Ministry of Defense (IMOD). These contracts will be executed over a two-year period. Elbit has previously reported that since the onset of the Swords of Iron war, there has been a significant increase in demand for its products and solutions from the IMOD compared to pre-war levels. Depending on future developments, which remain unpredictable, this heightened demand from the IMOD may persist, potentially leading to substantial additional orders for Elbit Systems.
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