​IMoD Signs Agreement Worth Over $60 Million to Acquire Tens of Thousands of 155mm Artillery Shells from Elbit Systems

31/1/2023

Director General of the Israel Ministry of Defense, Maj. Gen. (Res.) Eyal Zamir, approved the agreement valued at over $60 million.

The Israel Ministry of Defense's Directorate of Production and Procurement (DOPP) signed a new agreement with Elbit Systems to procure tens of thousands of 155mm artillery shells for the use of the Israel Defense Forces' Artillery Corps. Director General of the Israel Ministry of Defense, Maj. Gen. (Res.) Eyal Zamir, approved the agreement valued at over $60 million.

The contract will be executed over the period of one year, with the artillery shells expected to be delivered during 2024.

Director of the Ministry of Defense DOPP, Zeev Landau: "The artillery shell production line is essential, and the Ministry of Defense has made substantial investments in it for many years. This agreement with Elbit Systems will bolster the IDF's capabilities and preparedness for diverse combat scenarios."

Yehuda (Udi) Vered, General Manager of Elbit Systems Land: "Elbit Systems is proud to be a leading supplier to the Israel Ministry of Defense and IDF, supporting its ongoing operational requirements. The expansion and the upgrade of our production infrastructure enables the provision of rapid production of a range of high quality solutions to the Israel Ministry of Defense. We continue to implement the Company’s strategy that supports the local economy and employment across the nation, from Kiryat Shemona in the Galilee to Ramat Bekaa in the Negev."

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