Elbit Systems’ PULS Rocket Artillery System Chosen by Hellenic Armed Forces

HAIFA, Israel – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) has received approval from the Hellenic Parliament and the Government Council for National Security (KYSEA) for a budget to procure its PULS rocket artillery system for the Hellenic Armed Forces. This significant development is expected to result in a contract award that will be material to the company’s financial performance.

The anticipated contract is subject to the finalization of commercial negotiations with the Hellenic Ministry of National Defense.

Elbit Systems’ PULS system represents a substantial advancement in mobile rocket artillery. It is engineered for versatility, capable of deploying a wide array of munitions, including unguided rockets, precision-guided munitions, and extended-range missiles. A key design feature of the PULS launcher is its adaptability to various existing wheeled and tracked platforms, which is crucial for defense forces looking to optimize their existing assets. This modularity translates into significant potential savings in both maintenance and training, lowering the overall cost of ownership and operational readiness.

From a technological perspective, the PULS system likely incorporates advanced fire control systems, networked communication capabilities, and potentially AI-driven targeting solutions. These features are essential for modern warfare, enabling rapid response, enhanced situational awareness, and improved accuracy in complex environments. The ability to integrate various munition types also provides operational flexibility, allowing the Hellenic Armed Forces to tailor their response to a wide range of threats.

This contract award underscores Elbit Systems’ continued success in the international defense market. The company’s strategic focus on developing and delivering cutting-edge defense technologies, coupled with its ability to offer cost-effective and adaptable solutions, positions it favorably against competitors. The PULS system’s selection by Greece, a NATO member, also serves as a strong endorsement of its capabilities and reliability, potentially opening doors for further international sales.

Elbit Systems is a prominent global defense technology firm dedicated to providing advanced solutions for enhanced security. The company’s expertise spans the development, manufacturing, integration, and sustainment of next-generation defense capabilities across multiple operational domains.

Leveraging Israel’s robust technology ecosystem and fostering an agile, collaborative corporate culture, Elbit Systems empowers its clients to effectively address evolving battlefield challenges and counter emerging threats.

With a workforce of approximately 20,000 professionals operating across dozens of countries on five continents, Elbit Systems reported revenues of $1,922 million for the third quarter ended September 30, 2025. The company maintained a substantial order backlog of $25.2 billion as of the same date.

This press release may contain forward-looking statements concerning Elbit Systems Ltd. and its subsidiaries. These statements are based on management’s current expectations, estimates, projections, and assumptions regarding future events and are subject to various risks and uncertainties that could cause actual results to differ materially. These risks include, but are not limited to, the scope and length of customer contracts, governmental regulations and approvals, changes in governmental budgeting priorities, general market, political, and economic conditions, the duration and scope of regional conflicts, changes in global health and macro-economic conditions, program performance, competitive dynamics, and the outcome of legal and regulatory proceedings. For a more comprehensive list of potential factors, please refer to Elbit Systems Ltd.’s latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.