Israel’s Defense Ministry Orders Ammunition Worth $340M
The contract was announced by Elbit Systems on August 1, 2024.
Israeli firm Elbit Systems announced a contract valued $340 million for the supply of ammunition to the Israeli Ministry of Defense (IMOD).
The contract will be performed over a period of 10 years. Elbit Systems will establish a manufacturing facility to produce the ammunition.
The ministry says the procurement is part of its “strategy to ensure a steady supply of critical materials for the Israel Defense Force’s strength and longevity during ongoing and future operations.”
The company recently received a $190-million contract to provide its Iron Sting mortar munition to the ministry.
India's InsideFPV Inks MoU with Israel's UAV Dynamix to Supply 10,000 Drones
IDF acquires precision-guided mortars - at a cost of $190m Israel Ministry...
Israel Aerospace Unveils ‘WIND DEMON’ Stealthy Air-To-Surface Cruise Missile at FIA-24
Israel Forcibly Displaced 1.9 Million of Gaza's 2.2 Million Inhabitants: Human Rights
South Korea Unveils New Supersonic Air-Launched Anti-Ship Missile at 2024 Sacheon Airshow
Artillery Procurement from Elbit Systems-Danish Investigation finds Irregularities
General Atomics' Gray Eagle STOL Achieves First Takeoff from South Korean Warship
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...