Elbit signs $28m. contract with Alcatel Telecom. (for Artillery Command and Control Systems, Elbit Systems, Alcatel Telecom Nederland)

From: Israel Business Today | Date: May 31, 1997 | Copyright information

Elbit Systems (Nasdaq: ESLTF) has announced it has received a contract from Alcatel Telecom Nederland (ATNL) to supply Elbit Systems' Artillery Command and Control Systems for the Royal Netherlands Army (RNLA)'s VUIST-1 project. The contract is valued at $28 million and is due to completed within three years.

A spokesperson for Elbit explained that the current deal is a follow-on order to a $3.5 million "pilot project" which was successfully completed by the two partie...

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