April 2, 2017 / 8:19 AM / 4 months ago

Israel's Elbit Systems U.S. unit wins $50 million Navy contract

Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. Picture taken February 26, 2017.Baz Ratner

TEL AVIV (Reuters) - Israeli defense electronics firm Elbit Systems (ESLT.TA) said on Sunday its U.S. subsidiary won a contract worth about $50 million from the U.S. Navy to provide the Helmet Display and Tracker System for the MH-60S fleet of helicopters.

The work will be performed in Fort Worth, Texas, and completed by June 2021. The contract is for an indefinite delivery/indefinite quantity and an initial order of $14.2 million was received.

Reporting by Tova Cohen, Editing by Ari Rabinovitch

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