Israel's Elbit gets follow-on contracts worth $229M

|About: Elbit Systems Ltd. (ESLT)|By:, SA News Editor

Elbit Systems (ESLT) has received $229M in follow-on contracts from Australia's Department of Defense to provide battle-management systems.

The Israeli defense electronic firm will carry out the contract over three years.

Shares are +1.5% in Tel Aviv. (PR)