TEL AVIV Nov 23 Israeli defence electronics
firm Elbit Systems Ltd said on Wednesday its U.S.
subsidiary, Elbit Systems of America, won a contract worth as
much as $103 million for the production of mortar weapon
The indefinite delivery/indefinite quantity contract will be
carried out over five years. An initial purchase order, in an
amount that is not material to the company, has already been
Elbit Systems of America signed a memorandum of
understanding with the U.S. Army's Watervliet Arsenal in New
York, which will effectively employ Watervliet as a
subcontractor to Elbit on many mortar components.
(Reporting by Tova Cohen)