Mystery customer pays $135m. for Israel's Elbit to build ammo factory

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Mystery customer pays $135m. for Israel's Elbit to build ammo factory
This comes after the Israeli defense firm’s Swedish subsidiary was awarded a contract worth $170 million to become an “integration partner” for the Swedish army’s digitization program.
By SETH J. FRANTZMAN

Elbit Systems, one of Israel’s three largest defense companies, announced Sunday that it was awarded a $135 million contract to establish an artillery ammunition factory for an international customer. “The contract will be performed over a period of two years,” the company said.

This comes after the company’s Swedish subsidiary was awarded a contract worth $170 million to become an “integration partner” for the Swedish army’s digitization program. The new contract will “leverage the significant technical and operational knowledge that Elbit Systems has accumulated, as well as decades of ammunition production experience. Elbit Systems builds and operates ammunition factories and production lines in multiple sites,” the company said.

more.............. https://www.jpost.com/business-and-innovation/all-news/article-770678
 
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