Elbit strikes $1.64bn deal with unnamed European country: Report

The Times of Israel is reporting that Israeli military company Elbit Systems has inked a five-year contract worth $1.64bn to supply long-range precision strike artillery-rocket systems and unmanned aerial vehicles to an unnamed European country.

According to the report, the country ordered a suite of AI-powered unmanned aerial combat systems, including personally operated drones for tactical and operational use.

Under the deal, Elbit will supply long-range precision artillery rockets, and defense products equipped with its advanced intelligence, surveillance, target acquisition and reconnaissance, known as ISTAR, as well as communications and signal intelligence systems.