Elbit Systems announced that Elbit Systems of America, a wholly-owned subsidiary of Elbit Systems, has been selected for award by the U.S. Army ACC-APG, Natick Contracting Division on behalf of the Small Unmanned Aircraft System Product Office. Elbit Systems of America was selected with four other companies to provide the full spectrum of SUAS products. Although this is a selection for award, the customer has no definitive purchasing obligation. The total aggregate potential value of all delivery orders to be awarded to all five companies under this award is $248M.
Happy demi-anniversary, stock market rally. Will the honeymoon ever end?