Elbit Systems Awarded an Approximately $82 Million Contract to Provide an Asia-Pacific Country with the Condor 2 Strategic ISTAR Solution

Elbit Systems Ltd.  announced today that it was awarded an approximately $82 million contract to provide an Asia-Pacific country with a comprehensive Electro-optic airborne solution, Condor 2, for use in intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions. The contract, which is a follow-on order from the same customer, will be performed over a four-year period by Elbit Systems' ISTAR Division. This Elbit Systems program is being performed in cooperation with ELTA Systems Ltd., who is supplying additional content to the same customer.

"We are proud of this follow-on contract award, attesting to our customer's satisfaction from the quality of our leading solutions, well suited for the global intelligence needs," commented Elad Aharonson, General Manager of Elbit Systems ISTAR Division. "Our ISTAR systems and solutions enable customers to carry out effective and flexible ISTAR operations. We see a strong and growing global demand for ISTAR solutions, and believe that other customers will follow this Asia-Pacific customer and select our systems for their needs."

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