HAIFA, Israel, Jan. 26 (UPI) -- Elbit Systems (NASDAQ:ESLT) has released final details on a recent contract to supply the Israeli Ministry of Defense with its mini-unmanned aerial vehicle technology.
Israel announced in December it had awarded a contract to Elbit Systems for its Skylark I LE mini-UAVs as part of an initiative to equip Israeli ground battalions with the portable surveillance and reconnaissance technology.
At the time of the initial award, specific details were not available. Israel-based Elbit Systems has announced new details, including the final order for its Skylark mini-UAVs valued at approximately $40 million.
Additionally, officials say deliveries on the order will take place over several years and be "subject to the Israel Defense Forces' requirements and procurement process," the release said.
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