Elbit Systems Secures $127 Million Contract for Bradley APC Upgrade for US Army

Israeli defense contractor Elbit Systems has won a $127 million contract to supply its advanced "Durvan Arrow" active defense systems for the US Army's Bradley M2A4E1 armored personnel carriers (APCs). This contract extends an existing partnership, aiming to upgrade Bradley vehicles over the next 34 months with enhanced protective technology.

Durvan Arrow: Strengthening APC Defense

The Durvan Arrow system, a second-generation defense technology initially developed for the Israel Defense Forces (IDF), offers robust 360-degree protection for light and heavy armored combat vehicles. With low volume, weight, and power requirements, it defends against a wide array of anti-tank threats, including rockets, guided missiles, and UAV threats, crucial for both urban and open-field combat scenarios.

Elbit’s Growing Global Demand and Financial Success

Elbit’s order backlog has reached a record high of $21 billion, fueled by increasing global and domestic demand for advanced defense systems. In the second quarter of this year, the company’s revenue rose by 12% to $1.6 billion, with net profit growing 22% to $78 million. Recent orders include a $200 million contract with Israel’s Ministry of Defense for the supply of "Magan Or," a laser-based interception system, and a $130 million contract to supply the Durvan Arrow to a Swedish firm outfitting APCs for a European client.

Innovation and Partnership in Defense

Yehuda Vared, CEO of Elbit Land Systems, expressed pride in the strategic partnership with GD-OTS in the US, stating, “We are proud of our contribution to strengthening the American armed forces, as well as other NATO customers and the IDF. We remain committed to promoting advanced solutions that enhance operational capabilities for mission success.”

The Durvan Arrow is already used by the IDF, as well as by armed forces in the US, Netherlands, Australia, and Sweden, solidifying Elbit’s position as a leader in active defense technology for modern warfare.