French report: United Arab Emirates signed mega deal with Elbit – Deal worth $2.3 billion could erode Israel’s military advantage in the Middle East due to a unique and advanced system at its center; many details about the deal were banned from publication in Israel | ynetglobal

The country behind the mega-deal announced by Elbit Systems about a month ago is the United Arab Emirates, according to the French website Intelligence Online. The deal is valued at about $2.3 billion and is considered the largest in Elbit’s history.
Shortly after the agreement was signed, Elbit informed the Tel Aviv Stock Exchange that the deal centers on a “strategic solution for an international customer.” Calcalist reported on Monday that the deal could erode Israel’s military edge in the Middle East due to the unique and advanced system at its core. Many details of the agreement are subject to a publication ban in Israel.
Shortly after the agreement was signed, Elbit informed the Tel Aviv Stock Exchange that the deal centers on a “strategic solution for an international customer.” Calcalist reported on Monday that the deal could erode Israel’s military edge in the Middle East due to the unique and advanced system at its core. Many details of the agreement are subject to a publication ban in Israel.

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