Elbit Systems awarded $235 million contract for EXTRA-MR rockets and PULS launchers

Elbit Systems was awarded a contract valued at approximately $235 million to supply EXTRA-MR rockets and PULS rocket artillery systems to a European customer under a government-to-government agreement. Stock Titan reported the award on October 19, 2026. The contract will be performed over three years.

Elbit Systems' EXTRA-MR and PULS Contract Details

The agreement is between the Israel Ministry of Defense and the customer country's Ministry of Defense. Under the contract, Elbit Systems will supply the medium-range variant of its EXTRA supersonic rocket system. The contract also includes the delivery of PULS launchers, additional rocket-artillery-related platforms, and integrated logistics support.

The EXTRA-MR is a precision-guided rocket munition designed for mid-range operational scenarios, enabling highly accurate engagement of high-value targets at ranges of up to 80 km. The system is fully compatible with Elbit Systems' PULS and existing C4I architectures, providing a flexible and cost-effective capability across a broad range of mission profiles.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: "This contract award further strengthens Elbit Systems' position as a global leader in rocket artillery systems and reflects the growing international demand for our advanced rocket and launcher capabilities." Machlis added that the PULS systems and precision rocket solutions have been selected by a growing number of customers worldwide, including European and NATO member states.

Elbit Systems is a defense technology company that develops, manufactures, integrates and sustains next-generation solutions across multiple domains. The company employs over 21,000 people in dozens of countries across five continents. It reported $2,287.1 million in revenues for the three months ended June 30, 2026, and an order backlog of $32.0 billion as of that date.

Earlier Elbit Systems European and U.S. Moves

On October 14, 2026, Elbit Systems announced construction of a European production center for laser warning systems, its first such facility in Europe, Globes reported. The plant is expected to be operational in 2027 and will support local assembly and maintenance.

On October 9, 2026, the U.S. Army began fielding Bradley Fighting Vehicles equipped with Elbit's Iron Fist active protection system, CTech reported. The deployment follows a $228 million contract awarded in January.

On October 6, 2026, CTech reported that Elbit Systems will display its Hermes 900 drone, PULS rocket artillery, and autonomous systems at the Marrakech Air Show from October 7-10.

Elbit Systems' Next Steps

The European production center for laser warning systems is expected to be operational in 2027. The Marrakech Air Show runs from October 7-10, 2026.