Elbit Contract for Artillery Training Center Valued at More Than $190 Million
Key Facts
Elbit Systems announced on November 2, 2026, that it had won a contract from Israel’s Defense Ministry to establish and operate an artillery training and simulation center. The company estimated the contract’s value at about $170 million, while the ministry said in a statement published the same day that it exceeded $190 million, or about 600 million shekels. The agreement runs for 15 years, according to the ministry’s statement. The differing estimates show that the announced deal value is not a single figure shared by both parties, so each party’s estimate is attributed to its source. The project is linked to preparing the military to train on two platforms that the ministry said have yet to enter full operational service.
The center will support the integration of the Ro’em/Sigma self-propelled howitzer and the PULS rocket-launching system, according to Israel’s Defense Ministry. This comes ahead of the platforms’ full entry into operational service, according to the ministry’s statement. The work includes training infrastructure, specialized classrooms and command and mission simulators, as well as driver-training solutions, according to announcements by the company and the ministry. The services also include instruction, maintenance and logistical support throughout the term of the agreement, according to the ministry’s statement. The project’s scope thus combines the provision of training facilities with services related to personnel training and platform support.
The Defense Ministry said the training model is intended to shorten qualification and training periods and raise soldiers’ professional standards. It added that the project aims to achieve savings in resources and budgets and to maintain operational platforms. These are goals the ministry announced for the center, not operational results already achieved. According to Elbit, the solutions will include simulation technologies, automation capabilities and artificial intelligence-based functions, alongside innovative driver-training methods. Boaz Cohen, general manager of the company’s Land Systems and Munitions division, said the project brings together advanced infrastructure, immersive simulation and a long-term partnership to support the platforms’ operational use.
Deputy Director General of the Defense Ministry Ze’ev Landau described the agreement as reflecting the ministry’s strategy to enhance operational readiness and strengthen Israeli industry, while providing a long-term technological and logistical response for field forces. The contract comes amid previously announced company activity: Elbit recorded revenue of $2,188.8 million in the first quarter of 2026, and its order backlog stood at $30.2 billion on March 31 of the same year. The company said about 71% of that backlog came from orders outside Israel. In share performance, Elbit shares listed under the ticker ESLT closed at $779.68 on October 30, compared with a close of $807.41 in the previous session, according to EL7 data. The company set November 17, 2026, as the date for announcing its third-quarter results.