Barclays analyst Jiong Shao downgrades NIO (NYSE:NIO) from Overweight to Equal-Weight and lowers the price target from $18 to $10.
Elbit Systems Awarded a $120M Contract to Supply Hermes 900 UAS to the Royal Thai Navy
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at $120 million to supply Hermes™ 900 Maritime Unmanned Aircraft Systems (UAS) and training capabilities to the Royal Thai Navy. The contract will be performed over a three-year period.