Elbit Systems Ltd has secured a $150m (NIS546m)contract to supply its PULS (Precise and Universal Launching Systems) rocket launchers and a suite of precision-guided long-range rockets to an international defence customer.
Over three years, Elbit Systems will fulfil this contract, cementing its position as a provider of advanced artillery solutions.
According to GlobalData's "The Global Artillery Systems Market 2023-2033" report, Elbit Systems Ltd will potentially capture a 25.0% share of the middle eastern artillery systems market with forecast revenue of $2.5bn over 2023–33
PULS, designed by Elbit Systems, offers a cost-effective solution for armed forces seeking to bolster their operational effectiveness. This system enables the launch of unguided rockets, precision-guided munitions, and missiles with a range of up to 300km.
Additionally, its design supports future growth capabilities, including launching loitering munitions, such as the cannister-launched configuration of Elbit Systems' SkyStriker loitering munition.
One of the key advantages of the PULS launcher is its complete adaptability to existing wheeled and tracked platforms, resulting in a reduction in maintenance and training costs. This flexibility ensures seamless integration with the customer's current military infrastructure, further enhancing operational efficiency and readiness.
Mr Yehuda (Udi) Vered, General Manager of Elbit Systems Land Division, expressed his enthusiasm regarding the increased demand for their advanced artillery solutions from militaries worldwide.
"We are seeing an increased demand for our advanced artillery solutions from militaries looking to increase the effectiveness of their armed forces. This contract provides an additional vote of confidence in Elbit Systems' PULS rocket artillery solutions."
This year, The Netherlands also replenished its air defence systems by procuring PULS rocket systems from Israeli-based Elbit Systems in a $305m (€271.5m) deal, following the donation of various artillery systems to Ukraine.
Elbit Systems continues to empower the armed forces with solutions that provide capabilities. With PULS at the forefront, armed forces will possess an advantage on the battlefield, ensuring enhanced precision, flexibility, and operational success.