Elbit Systems Awarded a $350 Million Contract for Tank Upgrades from an International Customer

Elbit Systems Ltd. announced today that it was awarded a contract valued at approximately $350 million from an international customer to deliver upgrades for Main Battle Tanks (MBTs). The program includes the integration of advanced Fire Control Systems, Electric Gun & Turret Drive Systems, Communication and Situational Awareness solutions, as well as Mid Life Upgrade package. The contract will be performed over a period of four years.

Under the contract, Elbit Systems will modernize the tanks’ systems to extend their service life and enhance combat readiness. The upgrade program includes replacing and enhancing key onboard systems, featuring lightweight, high performance electro optical sights with Artificial Intelligence (AI) capabilities that provide day and night time observation, as well as advanced target detection and tracking. The contract also covers the supply of spare parts and the provision of maintenance and technical support to ensure long term operational availability. In addition, it includes the integration of a secure, high-capacity voice communication suite.

 

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "Elbit Systems is a global leader in tank modernization programs. By leveraging the strengths and expertise of our divisions, we deliver comprehensive and integrated solutions that incorporate latest generation fire control, electro optical, and communication systems, along with other state of the art subsystems. This synergy enhances the effectiveness, connectivity, and survivability of main battle tanks, ensuring our customers maintain a decisive operational advantage."

 

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $2,188.8 million in revenues for the three months ended March 31, 2026 and an order backlog of $30.2 billion as of such date.

For additional information, visit: https://elbitsystems.com, follow us on X or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact: 

Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella L. Finn, VP Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com