Disappointment for Elbit: Lost a huge $7 Billion tender in the US
Elbit's Roem-based SIGMA lost a $7B US Army tender to Hanwha's K9. The US will buy 18 systems for $263M, marking its first South Korean weapon purchase.
The US Army has opted against Elbit's SIGMA system, a modified Roem gun, in a $7 billion tender. This decision disappoints Elbit, as the company was one of several competitors, including Hanwha Defense, Rheinmetall, Leonardo DRS, and BAE. The Pentagon selected the K9 by Hanwha Defense to replace American towed artillery with a mobile 155mm gun, boasting a range of up to 60 km, compared to 32 km in existing US artillery pieces.
Elbit's SIGMA system, based on the Roem gun, had demonstrated operational success with the IDF for a year and was procured by other nations. Elbit, however, lost this significant contract to South Korea for the first time. Despite the setback, Elbit remains committed to delivering its existing programs, particularly the Roem, and will continue to offer technological solutions.
Written by urgent.news from Jerusalem Post Tech & Start-Ups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
