Elbit gets $150m. Aussie army contract

Defense firm Elbit Systems Ltd. said its subsidiary won a $150 million contract to provide support services to the Australian Defense Force for battle management system command and control.

The contract is for five years and optional extensions of up to seven years may be exercised in the future, Elbit said in a statement on Thursday.

“This is a major contract for Elbit Systems of Australia that will significantly enhance and strengthen its local engineering and support capabilities,” said Yehuda Vered, general manager of Elbit Systems Land and C4I. (Reuters)