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Elbit Systems Wins $260 Million PULS Deal With European NATO Member

The five-year award covers launch systems and munitions, but the company did not identify the buyer or give quantities or delivery milestones.

Updated 2 min read
A wheeled rocket launcher stands in an equipment yard in Haifa, Israel. / EconoTimes.ai
A wheeled rocket launcher stands in an equipment yard in Haifa, Israel. / EconoTimes.ai

Elbit Systems Ltd. said it won a roughly $260 million contract to supply a European NATO member with rocket-artillery equipment and munitions over five years, extending its series of disclosed European defense awards.

Elbit’s Nov. 12 filing with the U.S. Securities and Exchange Commission identifies the equipment as its Precise & Universal Launching System (PULS). It does not name the buyer’s country, give system or munition quantities, set a start date or delivery milestones, or disclose funding and payment terms.

Elbit says PULS can launch missiles and several kinds of rockets and munitions, including unguided rockets and precision-guided munitions. The company says its launchers can be fitted to wheeled or tracked vehicles already in service, which may reduce training and maintenance costs.

Elbit Systems President and CEO Bezhalel (Butzi) Machlis tied the deal to the company’s long-term European partnerships and regional defense modernization work. He said repeated selections by European and NATO customers reflect PULS’ maturity and versatility.

The award follows two other European contracts Elbit announced this year. In April, the company announced a deal valued at about $750 million (€650 million) to supply PULS systems and munitions to the Hellenic Armed Forces. Supply work was scheduled over four years, followed by 10 years of support. On Oct. 19, Elbit disclosed a separate $235 million contract for EXTRA-MR rockets and PULS systems for a European customer, with a three-year performance period under a government-to-government agreement.

The new five-year performance term is longer than the three-year period Elbit gave for its October award; the April supply agreement had a four-year schedule and a separate 10-year support period. Elbit plans to release its third-quarter 2026 results Tuesday, Nov. 17, and hold a conference call at 9 a.m. ET (14:00 UTC).

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