Category: ammunition
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Elbit wins $340m Israeli MoD ammunition deal
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Israeli defense technology company Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTElbit Systems announced today that it has been awarded a contract worth approximately $340 million to supply ammunition to the Israeli Ministry of Defense. The contract will be executed over a period of 10 years. Elbit Systems will establish a manufacturing…
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Glass Lewis endorses sale of Vista Outdoor’s ammunition business to CSG (VSTO)
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Agency consulting firm Glass Lewis recommends Vista Outdoor (NYSE: VSTOShareholders voted in favor of selling Kinetic Group to Czechoslovak Group, or CSG, as “the best option to maximize shareholder value.” CSG recently raised its offer for Ammunition Works at Vista Outdoor (vsto) to $2.1 billion, or $21 per share in…