Company Elbit Systems Announced that it had won a contract worth about $ 27 million to supply tank shells from its production as well as data entry units for ammunition for the Swedish Army’s leopard tanks.
The shells from the Hatzav ammunition series for tanks are suitable for all tanks in NATO that have a 120 mm diameter barrel. It is an accurate, multi-purpose ammunition that complies with US and NATO military standards as well as IDF chariot tanks.
The Swedish army has chosen rocket ammunition to improve the firepower and the ability of the tanks to operate against a variety of targets, armored vehicles, excavated infantry, anti-tank squadrons and more. For the leopard tanks used.
The deal was carried out as part of Elbit’s subsidiary, Elbit Sweden, which was established last year to promote participation in tenders and the acquisition of conditional military participation by local companies. Elbit Sweden also recently won a contract to provide battle management systems for the Swedish Navy. Elbit provides the Swedish army with thousands of digital tactical communications systems, intelligence systems for the Swedish Navy, and avionics systems, LA and pilot helmets for the Swedish fighter aircraft – the Griffon.
Yehuda (Udi) Vered, CEO of Elbit Land and IMI, noted: “I believe that this choice of Sweden highlights the growing recognition of Western armies of the unique quality of our product portfolio.”
The Swedish defense budget in 2021 was about $ 6.7 billion and accounted for 1.2% of Swedish GDP, but by 2021 Sweden has already announced that it is increasing the budget and strives to reach $ 9.3 billion within 3 years, which is 1.5% of GDP.
In recent weeks, following the escalation of the Russian threat and the war in Ukraine, the Swedish Prime Minister has announced that he intends to increase the defense budget to 2% of GDP, as other European countries have done.