Elbit wins another $235M European deal for PULS rocket artillery

What's the deal? Elbit SystemsDealroom has a profile for this one. Try Dealroom → has secured a contract worth about $235 million to supply PULS rocket artillery systems and EXTRA-MR precision-guided rockets to an undisclosed European country. The three-year deal, signed government-to-government between Israel's Ministry of Defense and the buyer's defence ministry, includes launchers, rockets, additional platforms, and integrated logistical support.

What does Elbit do? The Israeli defence group builds the PULS (Precise & Universal Launching System) and the EXTRA-MR, the medium-range variant of its EXTRA supersonic rocket with a range of up to 80km. The rocket is designed to hit high-value targets with precision.

Why now? European governments are strengthening long-range fires and replenishing military capabilities. The award adds near-term deliveries plus a three-year foothold for ongoing service, though the buyer's identity and order quantities stay undisclosed.

What's the endgame? This continues a run of European rocket-artillery deals for Elbit — including Germany, Greece, the Netherlands, and Denmark — worth more than $1.2 billion combined, by estimates. It also follows a roughly $750 million Greek contract announced in April 2026, while Germany pursues a EuroPULS arrangement with KNDSDealroom has a profile for this one. Try Dealroom →.

Chief executive officer Bezhalel Machlis said the award reflects growing international demand for the company's rocket and launcher systems, which have been selected by customers in Europe and NATO member states.

The signal: The $235 million deal is strong evidence of repeat European demand for Elbit's rocket artillery, even if it is modest next to the Greek award. For investors, it points to a steady pipeline rather than a one-off win.

Read more: calcalistech.com