‘Boeing’ Awards ‘Elbit Systems’ A $80M Contract

Elbit Systems announced that its wholly-owned Israeli subsidiary Cyclone was awarded an approximately$80 million contract for the supply of structural components to The Boeing Company. The contract will be performed over seven years. Elbit Systems is a defense electronics company, which operates in the areas of aerospace, land and naval systems, computers, intelligence surveillance, as well as developing new technologies for defense, homeland security and commercial aviation applications. The company is based in Israel.