#Israel #Greece #Haifa #Elbit Systems #PULS

Elbit Systems Secures $750 Million Contract with Greece for PULS Rocket Artillery Systems

Elbit Systems Ltd., a leading player in defense technology, recently made headlines by announcing its contract worth approximately $750 million with the Hellenic Armed Forces. This significant agreement, stemming from a collaboration between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense, enhances Greece's artillery capabilities with the advanced Precise Universal Launching System (PULS). This pact is set to unfold over a four-year span, incorporating a decade of follow-up support.

Overview of the Agreement

Under this contract, Elbit Systems is poised to deliver not just the PULS launchers but a comprehensive array of munitions. This includes training rockets and operational precision guided rockets designed for various ranges, as well as innovative loitering munitions. Notably, the PULS artillery system stands out for its versatility—it can launch unguided rockets alongside precision-guided munitions and missiles across differing ranges.

The launcher is designed for adaptability, compatible with existing wheeled and tracked platforms. This key feature is expected to result in notable cost reductions when it comes to maintenance and training, making it a practical addition to the Greek military.

Local Collaboration and Technological Integration

In alignment with the Greek government’s directive for local industrial collaboration, Elbit Systems plans to work closely with Greek industries for the production of the PULS systems. This collaboration will involve technology transfer and sharing of essential know-how, thus fostering domestic production and strengthening the local defense sector.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, shared insights on the importance of this project, stating that it reinforces the longstanding and successful cooperation with the Hellenic Ministry of National Defense. He highlighted Greece joining NATO countries which have opted for the PULS system, underscoring its growing reputation as an effective and adaptable solution for modern artillery requirements across Europe.

Elbit Systems: A Global Leader in Defense

Elbit Systems is recognized globally as a provider of advanced defense technology solutions, focused on developing systems that ensure a safe and secure world. The company not only manufactures and integrates next-generation solutions but also supports them, thereby addressing the rapidly evolving needs of defense sectors worldwide.

With a workforce of over 20,000 across various countries and a revenue of approximately $7.9 billion reported for the fiscal year ending December 31, 2025, Elbit Systems maintains an impressive order backlog of $28.1 billion. The company's innovative approaches and technological prowess continue to establish it as a leader in defense capabilities.

Conclusion

Elbit Systems' contract with Greece marks a significant advancement in the region's military preparedness. By enabling collaboration with local industries and providing cutting-edge artillery systems, Elbit Systems is not just enhancing Greece's defense capabilities but also contributing to the growth of the local defense industry. As geopolitical landscapes continue to shift, such advancements are vital in ensuring national and collective security.