Boeing (BA) plans to supply an unnamed but valued customer with a fleet of F-15 fighter jets equipped with an anti-jamming system from Elbit Systems (ESLT). In addition to the customer’s identity, financial details of the deal also remain unknown. Elbit stock fell 4.16% on Friday to close at $130.76. Boeing made its deal announcement on Sunday. (See Elbit stock chart on TipRanks). Israel-based Elbit is a defense electronics specialist. It has developed a jamming immunity system that can handle a range of interfering signals to ensure uninterrupted GPS operation.
https://www.tipranks.com/news/boeing-to-use-elbits-jamming-immunity-system-in-f-15s
Elbit Systems (NASDAQ:ESLT)
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