Elbit Systems Secures $106M Contract For SIGMA Self-Propelled Howitzer Gun Systems

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  • Elbit Systems Ltd ESLT secured a contract valued at ~$106 million to supply SIGMA fully automatic self-propelled howitzer gun systems to a country in Asia-Pacific.
  • The company will fulfill the contract over five years.
  • SIGMA is a 155mm/52 calibre self-propelled howitzer capable of automatic loading and laying of the gun system, rapid in-and-out action times, and a high rate of fire. It offers a protected cabin for a crew of three.
  • Price Action: ESLT shares closed higher by 0.54% at $151.21 on Friday.
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