Elbit Systems announced on 1st January that it was awarded a contract by the Production and Procurement Directorate of the Israeli Ministry of Defense (IMOD) valued at approximately USD144 million (approximately NIS 500 million) for the supply of small-caliber ammunition to the Israeli Defense Forces. This five-year contract, work on which will commence in 2021, will be a continuation of the existing multi-year contract with the IMOD.
The Israeli army will remain supplied by Elbit Systems for its small-caliber ammunition (Picture source: Elbit Systems) |