- Elbit Systems Ltd (NASDAQ:ESLT) secured a contract valued at ~$106 million to supply SIGMA fully automatic self-propelled howitzer gun systems to a country in Asia-Pacific.
- The company will fulfill the contract over five years.
- SIGMA is a 155mm/52 calibre self-propelled howitzer capable of automatic loading and laying of the gun system, rapid in-and-out action times, and a high rate of fire. It offers a protected cabin for a crew of three.
- Price Action: ESLT shares closed higher by 0.54% at $151.21 on Friday.
Mid-Afternoon Market Update: eHealth Drops Following Q3 Results; Autolus Therapeutics Shares Gain
Toward the end of trading Monday, the Dow traded up 0.12% to 36,372.57 while the NASDAQ rose 0.23% to 16,009.02. The S&P also rose, gaining 0.07% to 4,700.74.
