Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Elbit Systems Wins $170 Million Contract to Build Defense Training Center for Israel

Elbit Systems Wins $170 Million Contract to Build Defense Training Center for Israel

MT newswireMT newswire2026/11/02 07:54
03:54 AM EST, 11/02/2026 (MT Newswires) -- Elbit Systems (ESLT) has secured a contract worth roughly $170 million from Israel's Ministry of Defense to set up and operate an advanced training and simulation center for the country's artillery forces, the company said Monday. Under the contract, which will run for over 15 years, the company will develop an advanced training infrastructure featuring simulation technologies, automation capabilities, AI-based functionalities and innovative driver training programs. The new center is aimed at facilitating the integration of the ROEM self-propelled artillery system and the LAHAV precision rocket launcher system into Israel's Artillery Corps, Elbit Systems said. The project is also intended to improve the operational readiness and proficiency of artillery personnel, as well as training timelines and efficiency, the company added.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!