Elbit Systems (ESLT) Secures $50M Contract to Supply Structural Parts from Composite Materials for North American Customer's Aircraft

June 17, 2019 6:19 AM EDT

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Elbit Systems Ltd. (NASDAQ: ESLT) announced that its wholly-owned subsidiary, Elbit Systems - Cyclone Ltd., was awarded an approximately $50 million contract for the supply of structural parts from composite materials for an aircraft of a customer in North America. The contract will be performed over six years.

The contract calls for the supply of a variety of structural parts from composite materials for all the models of one of the customers' leading aircraft platforms.



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