Elbit Systems Ltd 6-K, filed Jul 29, 2024
Elbit Systems Ltd (ESLT)
6-K
2024-07-29
For: 2024-07-29
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Added on
April 06, 2026
About this 6-K
Elbit Systems Ltd filed this 6-K on July 29, 2024.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of July 2024
______________________
Commission File Number 000-28998
ELBIT SYSTEMS LTD.
(Translation of Registrant’s Name into English)
Advanced Technology Center, P.O.B. 539, Haifa 3100401, Israel
(Address of Principal Corporate Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Attached hereto as Exhibit 1 and incorporated herein by reference is the Registrant’s press release dated July 29, 2024.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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ELBIT SYSTEMS LTD.
(Registrant)
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By:
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/s/ Pinchas Confino Adi
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Name:
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Pinchas Confino Adi
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Title:
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Corporate Secretary
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Date: July 29, 2024
EXHIBIT INDEX
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Exhibit No.
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Description
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July 29, 2024
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Exhibit 1
Elbit Systems Awarded Approximately $190 Million
Contract to Supply Iron Sting Guided Mortar Munition
to the Israeli Ministry of Defense
Haifa, Israel, July 29, 2024 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”)
announced today that it was awarded a contract worth approximately $190 million to supply its Iron Sting laser and GPS-guided mortar munition to the Israeli Ministry of Defense. The contract will be performed over a period of 2 years.
Iron Sting is a precision-guided mortar munition, launched from a 120mm mortar, designed to accurately target and destroy
objectives, utilizing both immune GPS and laser guidance technology. It has a range of up to 10 kilometers. Iron Sting features a multi-mode fuze with Point Detonation (PD), Point Detonation Delay (PDD), and Proximity Sensor (PRX) operating modes.
The loading time is approximately 15 seconds.
Yehuda (Udi) Vered, General Manager of Elbit
Systems Land: "Following the combat experience our cutting-edge guided mortar munition has accumulated, this contract further cements our position as a
market leader in precision-guided solutions. With the rise of military conflicts in urban environments, armed forces around the world demand accurate technologies that minimize collateral damage. Elbit Systems' Iron Sting meets this critical need."
About Elbit Systems
Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit
Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.
Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers
to address rapidly evolving battlefield challenges and overcome threats.
Elbit Systems employs over 19,000 people in dozens of countries across five continents. The Company reported as of March 31,
2024 approximately $1.6 billion in revenues and an order backlog of $20.4 billion.
For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook,
Youtube and LinkedIn Channels.
Company Contact:
Dr. Yaacov (Kobi) Kagan, Executive VP - CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Dr. David Ravia, Investor Relations
Tel: +972-77-2947169
david.ravia@elbitsystems.com
Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com
This press release may contain forward‑looking statements (within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical
or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward‑looking statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the
Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of
factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the
Company operates or sells, including Israel and the United States, among others, including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions;
differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed
above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date
of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the
Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.
Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this release are the trademarks or service
marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit
Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or
right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.