Thursday, July 26, 2007

Israel's Elbit wins Slovenian, Romania orders

JERUSALEM, July 25 (Reuters) - Israeli defence firm Elbit Systems Ltd. said on Wednesday it had won two contracts worth $55 million in eastern Europe.

The maker of unmanned aircraft said in a statement it had won a $40 million contract in Slovenia to supply the country with overhead remote-controlled weapon stations and unmanned turrets as well as other electronic and electro-optical systems and components through 2011.

The defence contractor said it had also won a $15 million contract from the Romanian government to supply unmanned turrets and electro-optic systems with deliveries scheduled over the next three years.

Elbit's Tel Aviv-listed shares were up 1.9 percent in morning trade, compared with losses in the broader bourse.

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