Israeli defence firm Elbit gets $130 million European rocket supply deal

Elbit Systems

01/04/2025 08:13

JERUSALEM, April 1 (Reuters) - Elbit Systems ESLT.TA, Israel's largest defence firm, said on Tuesday it received a $130 million contract to supply advanced rocket munitions to an unnamed European country.

The contract for the Precise and Universal Launching System (PULS), an advanced and versatile artillery rocket system capable of launching a wide range of ammunition types from a single platform, will be performed over three years.

The system, Elbit said, offers precision strike capabilities with a range of up to 300 kilometres.

"As European nations continue to enhance their defence capabilities, the selection of PULS reaffirms its strategic value in modern battlefield scenarios," said Yehuda Vered, general manager of Elbit Systems Land.

Under the deal, Elbit ESLT.O will supply a variety of advanced rocket systems that are designed to significantly enhance the operational capabilities of the customer's defence forces.

 (Reporting by Steven Scheer;Editing by Kirsten Donovan)

 ((steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters Messaging: Twitter: @StevenMScheer))