Elbit Systems Awarded Contracts in an Aggregate Amount of $210 Million from the Israel Ministry of Defense for Tank Upgrades

Elbit Systems Ltd. announced that it has been awarded contracts from the Israel Ministry of Defense totaling approximately $210 million for the upgrade of Merkava Main Battle Tanks (MBTs). The contracts will be performed over a period of six years.

Under these contracts, Elbit Systems will carry out an extensive renewal of the electronic assemblies of the tanks to extend their operational service life, as well as the upgrade and enhancement of multiple onboard systems. Among these are high-performance, lightweight, AI-enhanced electro-optical sights that provide panoramic day and night observation, along with advanced target detection, acquisition, and tracking. The contracts also include the supply of spare parts and the provision of comprehensive maintenance and support services.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “Elbit Systems is proud to continue serving as a key partner of the Israel Ministry of Defense and the Israel Defense Forces in advancing their technological capabilities. These new contracts reflect our ongoing commitment to providing cutting-edge solutions that enhance the operational effectiveness and survivability of Israel’s armored platforms.”