Elbit Systems Ltd. secured a $228 million contract to supply its Iron Fist active‑protection system to the U.S. Army’s Bradley Infantry Fighting Vehicle upgrade program. The award, announced on January 26 2026, will be executed over a three‑year period and marks the third time the Army has selected Iron Fist for its armored platforms.
Iron Fist is a compact, hard‑kill system that delivers 360‑degree protection against anti‑tank rockets, guided missiles, unmanned aerial systems, loitering munitions and kinetic‑energy rounds. The Army’s repeated selection reflects confidence in the system’s proven performance and the company’s ability to deliver large‑scale defense solutions.
The contract adds a substantial revenue stream to Elbit’s Land segment, which reported $1.922 billion in revenue and a $25.2 billion backlog for the three months ended September 30 2025. The new order represents a meaningful addition to the backlog and underscores the company’s strategy of expanding its footprint outside Israel. The deal also highlights the growing demand for advanced active‑protection technology in U.S. armored vehicle upgrades.
President and CEO Bezhalel (Butzi) Machlis said the award “demonstrates the continued trust the U.S. Army places in Iron Fist and reaffirms Elbit’s role as a leading provider of hard‑kill solutions.” He added that the partnership with General Dynamics Ordnance and Tactical Systems will strengthen Elbit’s supply chain and support future U.S. defense programs.
In pre‑market trading, Elbit’s shares were down 0.97 % at $712.00, reflecting a modest market reaction to the announcement. The contract’s value and the company’s strong backlog position suggest a positive long‑term outlook for the Land segment.
Overall, the award reinforces Elbit’s competitive advantage in the APS market, expands its U.S. presence, and provides multi‑year revenue visibility that supports the company’s broader growth strategy.
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