Elbit stated that the contract was awarded to the company to supply Israel's Iron Beam air defense system with high-power laser systems.
Seven protesters face charges after a violent action against Israeli defense firm Elbit in the UK, causing £1M in damages.
Pro-Palestinian protesters have repeatedly targeted Elbit Systems UK in the wake of the conflict in Gaza.
Elbit systems will supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds.
Over a dozen people exited the vehicle and began to smash equipment, machinery, and building fixtures.
As part of the deal, Elbit will establish a new facility in Israel to produce ammunition and munitions.
"Drop Elbit" was painted in red on the facade of the company's facility, and windows were completely smashed.
The system, the Tactical Very Short-range Air Defense (VSHORAD) system, combines soft-kill and hard-kill capabilities.
Hezbollah intercepted an Elbit UAV, capable of continuously staying in the air for up to 30 hours, which was worth around $10 million.
Participants in the event enjoyed a special lecture by Israeli artist Lior Kalfon.
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