- Elbit Systems Ltd (NASDAQ:ESLT) disclosed winning two contracts from international customers.
- The first contract, worth around $100 million, entails equipping commercial aircraft with advanced Intelligence and Electronic Warfare (EW) capabilities.
- ESLT will also integrate Immune Satellite Navigation Systems (ISNS) and an advanced self-protection solution into commercial aircraft.
- The contract will be delivered over three years.
- The second contract, worth about $102 million, entails supplying a battalion’s worth of artillery systems.
- It is designed for fast deployment and operation, providing fire support for various missions.
- The contract is expected to be delivered over eight years.
- Earlier this month, ESLT bagged a contract with a cumulative value of around $280 million from a European Country.
- Price Action: ESLT shares closed lower by 1.12% at $176.31 on Monday
Credit Suisse Maintains Outperform on Unity Software, Lowers Price Target to $67
Credit Suisse analyst Stephen Ju maintains Unity Software (NYSE:U) with a Outperform and lowers the price target from $71 to $67.
