Elbit Programs (TASE:ELST; Nasdaq: ELST) introduced an enormous strategic deal this morning, amounting to $2.3 billion, with a global buyer. Elbit Programs didn’t disclose the identification of the client, and even on which continent it’s positioned. The corporate says that the deal shall be unfold over eight years, however has not specified what will probably be supplying.
Elbit Programs president and CEO Bezhalel Machlis mentioned of the deal, “This contract gives essential recognition of our distinctive technological capabilities and considerably enhances our efforts to equip our prospects with superior and related options.”
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Elbit Programs is because of launch its third quarter financials tomorrow (Tuesday).
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