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Finances

Elbit wins Swedish tank ammunition deal

Globes correspondentBy Globes correspondentMarch 22, 2022No Comments2 Mins Read

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Israeli protection electronics firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) introduced at this time that it has been awarded a contract price $27 million by the Swedish Protection Materiel Administration, to offer the Swedish Armed Forces with M339 rounds, 120mm ammunition, and Knowledge Setting Items, for its Leopard Principal Battle Tanks (MBTs). The contract will likely be carried out over ten months.




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Appropriate for all NATO 120mm easy bore gun MBTs, the M339 is a high-accuracy, multi-purpose 120mm tank ammunition that complies with the relevant requirements of the US Navy and NATO. The Swedish Armed Forces chosen the M339, Elbit mentioned, to enhance the firepower and the power of the battle tanks to have interaction various kinds of targets.

Elbit Techniques Land basic supervisor Yehuda Vered mentioned, “I imagine that this choice by Sweden underscores the rising recognition by Western armies of the distinctive high quality of our portfolio of merchandise.”

Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 21, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.


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ammunition Deal Elbit Swedish Tank Wins
Globes correspondent

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