Israeli defense firm Elbit Systems has been awarded a contract to deliver precision guidance kits for airborne munitions to an undisclosed country in the Asia-Pacific region.
Valued at $220 million, the agreement covers the manufacture of the Lizard precision guidance kit for general-purpose airborne warheads.
The laser-based tech enables both Western and Eastern airborne munitions to engage fast-moving targets with high accuracy.
It uses advanced seeker technology and algorithms to track targets, even in adverse weather conditions.
According to Elbit Systems President Bezhalel Machlis, there is a sudden increase in demand for precision fire capabilities as militaries make accuracy an “operational imperative” in multi-domain missions.
“Armed forces around the globe are requiring solutions that enable efficient conversion of ammunition stockpiles into a capability that is relevant in modern warfare, especially in light of lessons learned from recent military conflicts,” he said.