Elbit Systems Wins $750M PULS Rocket Artillery Deal with Greece
Elbit Systems secured a $750 million (€650 million) contract to supply PULS rocket artillery systems and munitions to the Hellenic Armed Forces over four years, plus a ten-year follow-on support period. The deal includes launchers, precision-guided rockets, loitering munitions and local production with Greek industry partnerships.
1. Contract Award and Scope
Elbit Systems secured a $750 million (€650 million) agreement with the Hellenic Ministry of National Defense to supply its PULS artillery rocket systems over a four-year period, followed by a ten-year support phase.
2. System Deliverables and Capabilities
Under the deal, Elbit Systems will deliver PULS launchers, training rockets, precision-guided munitions of various ranges and loitering munitions, enabling deployment on wheeled and tracked platforms with reduced maintenance and training costs.
3. Local Production Collaboration
The contract mandates collaboration with Greek defense firms for system production, including technology transfer and know-how sharing to comply with government policy and foster domestic industry involvement.
4. Financial and Strategic Impact
This award boosts Elbit Systems' existing $28.1 billion backlog and highlights PULS adoption across NATO, positioning the company for enhanced long-term revenue visibility and deeper European defense integration.