Elbit Systems to supply Israeli Army with Cardom mortar systems for approximately $40 million 200911

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Tuesday, September 20, 2011, 08:49 AM
 

Elbit Systems to supply Israeli Army with Cardom mortar systems for approximately $40 million.
Haifa, Israel, September 18, 2011 - Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that it was awarded a contract by the Israeli Ministry of Defense (IMOD) in the amount of approximately $40 million to supply Cardom systems to the Israeli Defense Forces (IDF).
     

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems"), announced today that it was awarded a contract by the Israeli Ministry of Defense (IMOD) in the amount of approximately $40 million to supply Cardom systems to the Israeli Defense Forces (IDF).
The Cardom systems integrate a 120mm mortar with innovative fire control, navigation, automatic aiming and propulsion systems.

     

Manufactured by Elbit Systems’ subsidiary Soltam Systems Ltd., Cardom systems were initially supplied to the IDF in 2007 and are considered among the most advanced of their kind in the world. The systems are to be supplied over a period of four years.

The Cardom systems integrate a 120mm mortar with innovative fire control, navigation, automatic aiming and propulsion systems.

The Cardom mortars are operational by various IDF infantry units, as well as various armies around the world, including the U.S. Army.