Full Breakdown

Elbit Systems Secures $235 Million Rocket-Artillery Deal with European Customer

By Drooid · Oct 20, 2026, 2:37 AM UTC · How we work

Core Event

On October 19, 2026, Elbit Systems announced a government-to-government contract valued at approximately $235 million to supply its EXTRA-Medium Range (MR) medium-range precision rockets and Precise & Universal Launching System (Precise and Universal Launching System (PULS)) launchers to a European nation. The agreement, signed between Israel’s Ministry of Defense and the purchasing country’s defense ministry, spans three years and includes launchers, additional artillery platforms and integrated logistics support. The EXTRA-MR rockets have a maximum range of 80 km and are compatible with existing C4I networks.

Elbit has been expanding its rocket-artillery presence in Europe, winning orders from the Netherlands, Denmark, Greece, Germany and other NATO members. The surge in demand follows Russia’s invasion of Ukraine, which has prompted European armies to seek long-range, precision-guided fire solutions as alternatives to traditional ballistic-missile inventories. Elbit markets the PULS system as a modular, cost-effective platform capable of firing unguided rockets, precision munitions and missiles up to 300 km.

Duration: three years, with deliveries expected to conclude by late 2029.

Rocket range: up to 80 km for the EXTRA-MR variant; PULS launchers can accommodate munitions ranging from 35 km to 300 km.

Prior European business: Elbit’s earlier European contracts total more than $1.2 billion.

The company added that the contract will be executed under a government-to-government framework, with integrated logistical support to ensure seamless integration into the customer’s existing command-and-control architecture.

No official confirmation from either government has been released, leaving the exact recipient of the system unverified.

“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,” — Executive Bezhalel, president and chief

The contract stipulates delivery of the systems over a three-year period, with completion anticipated by late 2029. No further milestones or scheduled hearings have been disclosed.