RTTNews | Oct 6, 2021 03:27AM EDT

03:27 Wednesday, October 6, 2021 (RTTNews.com) - Israel-headquartered Elbit Systems Ltd. (ESLT), a technology company dealing in defense, homeland security and commercial programs, on Wednesday said its U.S. subsidiary, Elbit Systems of America, LLC., has been awarded an Indefinite Delivery/Indefinite Quantity contract by the U.S. Army valued up to $76 million.

The deal is to provide Integrated Helmet And Display Sight Systems (IHADSS) equipment for the AH-64 Apache helicopter fleet, over a five-year period.

An initial delivery order of approximately $6 million has been issued under this ID/IQ contract, which is to be executed over a two-year period.

The IHADSS presents critical information directly in front of the pilot's eye, providing the Apache pilots with a reliable solution that enables mission success and crew safety when flying. The company also provides the Apache AH-64E model with the Multicore Mission Processor that is used to provide all of the functionality of the onboard Apache systems.

Shares of Elbit Systems closed Tuesday's trading at $144.93. up $2.18 or 1.53 percent from previous close.

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