Elbit Systems Wins £200m Rocket Artillery Contract from NATO Member
Key Facts
Elbit Systems secured a contract worth approximately £200 million to supply rocket launchers and munitions to an unnamed European NATO member. The Jewish Chronicle reported that the five-year deal involves providing PULS rocket artillery systems capable of firing various precision-guided and unguided munitions. The company did not disclose the specific buyer or the quantity of launchers included in the agreement.
ESLT closed at $723 on November 12, 2026, with the stock reaching a day high of $732.67 and a low of $715.04 during the session. This contract follows a trend of rising sales for Elbit Systems in the European market, which the manufacturer stated more than doubled between 2021 and 2024 as NATO nations accelerate procurement of long-range strike capabilities.