Elbit Systems awarded $190M supply contract

Elbit Systems announced that it was awarded a contract worth approximately $190M to supply its Iron Sting laser and GPS-guided mortar munition to the Israeli Ministry of Defense. The contract will be performed over a period of two years. Iron Sting is a precision-guided mortar munition, launched from a 120mm mortar, designed to accurately target and destroy objectives, utilizing both immune GPS and laser guidance technology. It has a range of up to 10 kilometers.