Israeli protection electronics firm Elbit Methods Ltd. (Nasdaq: ESLT; TASE:ESLT) introduced as we speak that it has been awarded a contract value $27 million by the Swedish Protection Materiel Administration, to supply the Swedish Armed Forces with M339 rounds, 120mm ammunition, and Knowledge Setting Models, for its Leopard Primary Battle Tanks (MBTs). The contract shall 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 Army and NATO. The Swedish Armed Forces chosen the M339, Elbit stated, to enhance the firepower and the flexibility of the battle tanks to have interaction several types of targets.
Elbit Methods Land common supervisor Yehuda Vered stated, “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.
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