Elbit Systems Wins $260 Million PULS Contract From European NATO Country

Elbit Systems announced on November 12 that it had received an approximately $260 million contract to supply PULS rocket artillery systems and munitions to a European NATO member country. The Israeli company said the contract would be carried out over five years. The announcement did not identify the customer. PULS stands for Precise & Universal Launching System. According to Elbit, it can fire unguided rockets, precision-guided munitions and missiles at different ranges. The company said its launcher can be adapted to existing wheeled and tracked platforms, an arrangement it says reduces maintenance and training costs for the armed forces operating it. Bezhalel (Butzi) Machlis, Elbit Systems’ president and chief executive, said the continued selection of PULS by European and NATO customers reflected its operational maturity and versatility. “This contract further reflects Elbit Systems’ long-term partnerships with European customers…” Machlis said, linking the award to defense modernization programs in Europe. Elbit Systems is listed on Nasdaq and the Tel Aviv Stock Exchange under the symbol ESLT. In financial background accompanying the announcement, the company reported revenue of $2,287.1 million for the three months ended June 30, 2026, and an order backlog of $32 billion at the end of that quarter.