Elbit Systems Wins $750 Million PULS Rocket Artillery Deal with Greece
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Elbit Systems ( (IL:ESLT) ) has issued an update.
On April 6, 2026, Elbit Systems announced it had been awarded a contract worth about $750 million (€650 million) to supply its Precise & Universal Launching System (PULS) rocket artillery systems to the Hellenic Armed Forces, under an agreement between the Israeli and Greek defense ministries. The four‑year contract, followed by ten years of support, covers PULS launchers, training rockets, precision‑guided rockets of various ranges and loitering munitions, with the adaptable system expected to lower maintenance and training costs.
In line with Greek government policy, Elbit will partner with local Greek industries for production, including technology transfer and know‑how sharing, embedding the project in Greece’s defense‑industrial base. The award deepens Elbit’s longstanding ties with the Hellenic Ministry of National Defense and adds Greece to a growing list of NATO customers for PULS, reinforcing the system’s standing in Europe’s modern artillery market and further bolstering Elbit’s already sizable order backlog.
The most recent analyst rating on (IL:ESLT) stock is a Buy with a ILs299300.00 price target. To see the full list of analyst forecasts on Elbit Systems stock, see the IL:ESLT Stock Forecast page.
More about Elbit Systems
Elbit Systems is a leading global defense technology company that develops, manufactures, integrates and supports next‑generation military solutions across multiple domains. Leveraging Israel’s technology ecosystem and an agile, collaborative culture, it serves customers worldwide, employing over 20,000 people and reporting $7.94 billion in 2025 revenue with a $28.1 billion order backlog as of year‑end.
YTD Price Performance: 49.12%
Average Trading Volume: 95,034
Technical Sentiment Signal: Buy
Current Market Cap: ILs129.3B
For a thorough assessment of ESLT stock, go to TipRanks’ Stock Analysis page.
