Israeli defense company signs €650 mln deal with Greece

[Elbit Systems]

The Israeli defence institution Elbit Systems Ltd announced connected Monday that it has been awarded a declaration worth astir €650 cardinal to supply the precocious aggregate rocket launcher system PULS (Precise & Universal Launching System) to the Greek Armed Forces.

According to the company, the declaration will beryllium carried retired implicit 4 years and includes an further ten-year support period.

Under the agreement, Elbit Systems will present PULS launchers on with a broad ammunition package, including training missiles, operational precision-guided missiles for various ranges, and loitering munitions.

The PULS artillery system is described arsenic a broad and cost-effective solution, susceptible of launching unguided rockets, precision-guided munitions, and missiles crossed aggregate ranges.

Elbit Systems will besides collaborate with Greek industries successful the system’s production, including technology transfer and the sharing of know-how.

“Elbit Systems has a long-standing and successful practice with the Ministry of National Defense of Greece, and this task further strengthens that relationship. Greece joins different NATO countries that person selected the PULS system, underscoring its increasing estimation arsenic an effectual and flexible λύση for modern artillery needs successful Europe and beyond,” said Bezhalel Machlis, president and CEO of Elbit Systems.