news flow has added to the momentum in the stock.
Elbit Systems UK Ltd., UK subsidiary of Elbit Systems (NASDAQ:ESLT) has won ~$38M contract from the UK Ministry of Defence to supply comprehensive JFST systems to the British Army over a period of two years following which Elbit Systems UK will provide an additional four years of maintenance, technical support and on-site training.
Martin Fausset, CEO of Elbit Systems UK, said: "We are proud to have been selected by the UK MoD to supply the JFST systems, providing a valuable capability for the British Army and delivering an operationally proven capability into the UK, together with our local partners."
Harris Technologies (NYSE:LHX) today completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America (NASDAQ:ESLT) for $350M in cash.
Elbit Systems Ltd . operates as a technology company. It engages in the development and supply of a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. The company was founded in 1996 and is headquartered in Haifa, Israel.
1) Sign Up for our Free Email Newsletter @ http://www.Bullishcharts.com
2) Receive Text Message Notifications by Texting 'BULLS' to 67076
(*It's 100% FREE, however Msg&Data rates may apply)