Elbit Systems Secures $130 Million Contract for Iron Fist APS with BAE Systems.

Elbit Systems Ltd. announced on August 8, 2024, the award of a $130 million contract to supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds. These systems will be installed on the CV90 Infantry Fighting Vehicle (IFV) for a European country, with the contract extending over five and a half years.
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Elbit Systems to supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds. (Picture source: Elbit Systems)

Elbit Systems is a global defense technology company offering advanced solutions. The company develops, manufactures, integrates, and maintains a range of next-generation solutions across multiple domains. Leveraging Israel's technology ecosystem, Elbit Systems helps its clients address evolving battlefield challenges and overcome threats with agility and collaboration.

The Iron Fist APS is an advanced "Hard Kill" system designed to enhance the self-defense capabilities of armored platforms against modern battlefield threats. As the second-generation APS used by the Israeli Defense Forces, it offers high performance with reduced volume, weight, and power requirements. The system provides 360-degree protection against a wide range of anti-armor threats, including Anti-Tank Rockets (ATR), Anti-Tank Guided Missiles (ATGM), Unmanned Aerial Systems (UAS), and loitering threats, suitable for both open terrain and complex urban environments.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land, stated: "Following the contracts signed in recent years, we are honored to receive this important contract from BAE Systems Hägglunds for a European country. Elbit Systems' Iron Fist Active Protection Systems have once again been selected by a leading OEM and an advanced military as an innovative solution to protect armored platforms and troops, assisting them in safely accomplishing their missions."

It is interesting to note that this contract is part of the modernization and enhancement of defense capabilities for many European countries. For example, in December 2023, BAE Systems announced a $1.37 billion contract with Slovakia for the manufacture of 152 CV90 infantry fighting vehicles equipped with Iron Fist systems and SPIKE-LR anti-tank missiles from Rafael. This modernization program is part of a broader plan approved by Slovakia in May 2017, aiming to replace the army's armored personnel carriers with a total investment of up to 1.2 billion euros by 2029.

This contract not only highlights Elbit Systems' commitment to technological innovation in defense but also the continued trust of international partners in the company's ability to provide cutting-edge solutions for the protection of armed forces in modern combat environments.