Elbit Systems Bags $54M Enhanced Night Vision Goggle Order

Elbit Systems Ltd's (NASDAQ:ESLT) U.S. subsidiary, Elbit Systems of America LLC, has secured a second production order valued at ~$54 million to supply Enhanced Night Vision Goggle – Binocular (ENVG-B) systems, provide spare parts, logistics support, and test equipment for the U.S. Army.
The company plans to execute the order in Roanoke, Virginia, and supply through February 2023.
The order is part of the Other Transaction Authority contract and can reach a maximum amount of ~$442 million.
Price Action: ESLT shares closed higher by 0.85% at $146.11 on Wednesday.