Elbit Systems awarded $600M contract to supply systems

Elbit Systems announced, following its announcement from August 16, 2023, that it was awarded a contract worth approximately $600M to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. This project aims to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles, or IFV, for the Australian Army. The contract will be performed over a period of five years.