Israel’s Defense Ministry Orders Ammunition Worth $340M

The contract was announced by Elbit Systems on August 1, 2024.
  • Defensemirror.com bureau
  • 07:41 AM, August 1, 2024
  • 534
Israel’s Defense Ministry Orders Ammunition Worth $340M
Tank Ammunition @Elbit Systems

Israeli firm Elbit Systems announced a contract valued $340 million for the supply of ammunition to the Israeli Ministry of Defense (IMOD).

The contract will be performed over a period of 10 years. Elbit Systems will establish a manufacturing facility to produce the ammunition.

The ministry says the procurement is part of its “strategy to ensure a steady supply of critical materials for the Israel Defense Force’s strength and longevity during ongoing and future operations.”

The company recently received a $190-million contract to provide its Iron Sting mortar munition to the ministry.

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