Elbit Systems of America Awarded $49 Million ID/IQ Contract to Supply Mortar Systems for the US Army

Haifa, Israel. Elbit Systems Ltd. announced on September 12 that its US subsidiary, Elbit Systems of America LLC, (“Elbit Systems of America”), was awarded an Indefinite Delivery/Indefinite Quantity (ID/IQ) contract with a maximum potential value of up to approximately $49 million, to provide 120mm mortar systems for the U.S. Army. The contract will be executed in Fort Worth, Texas over a period of five years. An initial delivery order of approximately $10 million has been issued under this ID/IQ contract, to be executed over a two-year period.

The contract was awarded following the successful completion of a previous contract of this type that was awarded to the company in 2016.

Raanan Horowitz, President and CEO of Elbit Systems of America, said: “Being a trusted provider of choice for critical missions and needs is part of our vision. I am honored the U.S. Army continues to value the solutions our company provides to US Soldiers and we look forward to a continued partnership.”