Elbit Systems wins first contract in the Philippines

Elbit Systems wins first contract in the Philippines
Members of the Philippine Army practice a flag-raising ceremony on the eve of the country's Independence Day at Luneta Park in Manila on June 11, 2014.

TEL AVIV - Israeli defence electronics firm Elbit Systems Ltd said on Sunday it was awarded a contract worth about US$20 million (S$24.98 million), for the supply of upgraded armoured personnel carriers (APCs) to the Philippines armed forces.

The APCs will be supplied over a one-year period.

The contract marks a significant breakthrough, Elbit Systems said, as it is the first one awarded to the company in the Philippines.

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