Elbit Systems stock wins $170 million IDF contract over 15 years

Published on 11/03/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elbit Systems stock secured a long-term Israeli defense contract. The project adds training, simulation, maintenance and support work for the IDF Artillery Corps.

Contract Expands Long-Term Defense Work

The project supports the IDF's ROEM and LAHAV artillery systems.
Elbit will supply simulators, classrooms, training, maintenance and support services.
The program is designed to improve readiness and shorten qualification timelines.

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Elbit Systems announced on November 2, 2026, that Israel's Ministry of Defense awarded it a contract worth approximately 170 million US dollars to establish and operate an advanced training and simulation center for the IDF Artillery Corps. Elbit Systems said the agreement will run for 15 years.

Long-Term Training Platform

The center will support the operational integration of the ROEM, also known as SIGMA, self-propelled artillery system and the LAHAV, or PULS, precision rocket launcher system. Elbit will develop training infrastructure with mission and driving simulators, classrooms and dedicated facilities.

The company will also provide instruction, maintenance and support throughout the contract period. Elbit said the project should strengthen artillery readiness, shorten qualification and training timelines, and reduce resource consumption and wear on operational platforms.

What Has Changed Since Our Last Report

The latest contract adds a new long-term training and support element to Elbit's relationship with Israel's defense establishment. Elbit Systems stock traded at 679.75 euros on Lang & Schwarz at 17:43 CET on Tuesday, November 3, 2026.

The quote was 2.54 percent below the 697.50 euros cited in the comparable own report published on October 27, 2026. This move is a separate comparison with that earlier report and is not a Xetra daily comparison.