Elbit Systems awarded $260 million contract to supply PULS rocket systems to European NATO member

Elbit Systems announced on Sunday that it has won a contract worth about $260 million to supply Precise and Universal Launching System (PULS) rocket artillery systems and munitions to a European NATO member.The contract will be carried out over five years.Originally developed by Israel Military Industries, which was acquired by Elbit, the PULS system can launch unguided rockets, precision-guided munitions, and missiles at various ranges. The launcher can be fitted to existing wheeled and tracked platforms, which Elbit says significantly reduces maintenance and training costs.The system is in operational service with the IDF and several foreign militaries.“The continued selection of the PULS system by European and NATO customers reflects the system's operational maturity, versatility, and ability to address the evolving requirements of modern armed forces,” said Elbit Systems president and CEO Bezhalel Machlis. “This contract further reflects Elbit Systems' long-term partnerships with European customers and our role in supporting major defense modernization programs across the region.”A busy year of PULS contractsThe new deal is not the first PULS contract Elbit has signed this year. In April, Elbit Systems won a $750 million contract to supply the systems to the Greek Armed Forces as part of a military modernization program, under an agreement between Israel's Defense Ministry and Greece's National Defense Ministry.In October, the company announced an additional $235 million contract…