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Elbit Systems Awarded Contracts Worth Approximately $335 Million to Supply Defense Systems to a European Country

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HAIFA, Israel, Nov. 18, 2024 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded contracts worth a total amount of approximately $335 million, to supply defense systems to a European country. The contracts include the supply of PULS™ (Precise and Universal Launching Systems) rocket launchers and rockets, as well as Hermes™ 900 Unmanned Aircraft Systems (UAS) equipped with advanced payloads. The contracts will be performed over a period of three years and six months. 

Elbit Systems’ PULS provides a comprehensive and cost-effective solution capable of launching unguided rockets, precision-guided munitions, and missiles with various ranges. The PULS launcher is fully adaptable to existing wheeled and tracked platforms, enabling significant reductions in maintenance and training costs.

The Hermes 900 multi-role MALE UAS is Elbit Systems’ largest unmanned aerial vehicle, designed to perform a wide range of missions, including area dominance and persistent intelligence, surveillance, target acquisition and reconnaissance (ISTAR) across land and maritime domains. Since its first order in 2011, the Hermes 900 has been selected by over 20 customers worldwide.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “We are proud to support our European customer with advanced and versatile defense solutions that enhance operational effectiveness and adaptability. These contracts reflect the global trust in our innovative systems, such as the PULS and Hermes 900, which are designed to meet a broad range of mission requirements. Through our comprehensive portfolio, we remain committed to providing our customers with reliable, technologically advanced tools that address today’s complex defense challenges.”

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of June 30, 2024, approximately $1.6 billion in revenues and an order backlog of approximately $21.1 billion.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact:  

Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel:  +972-77-2946663
kobi.kagan@elbitsystems.com 

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States, among others, including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

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View original content:https://www.prnewswire.com/news-releases/elbit-systems-awarded-contracts-worth-approximately-335-million-to-supply-defense-systems-to-a-european-country-302308311.html

SOURCE Elbit Systems Ltd.

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TCL CSOT to Explore the Future of Displays in the AI Era at DTC 2026

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WUHAN, China, Nov. 8, 2026 /PRNewswire/ — The TCL CSOT Global Display Tech-Ecosystem Conference 2026 (DTC 2026) will take place in Wuhan, China, on November 13. Under the theme “TRUE VISION, AI IN MOTION,” this year’s conference will present TCL CSOT’s latest advances in Inkjet Printing OLED (IJP OLED), APEX display technologies, AI applications, and next-generation display solutions.

Displaying the Future in the AI Era
As AI accelerates change across digital content and intelligent devices, the ability to deliver rich colors and fine details while meeting the needs of different usage scenarios is becoming essential for translating display technology into experiences users can see and feel.

At DTC 2026, TCL CSOT will examine how AI is reshaping content creation, device form factors, and human-machine interaction, offering a closer look at how these shifts are expanding the role of displays in future intelligent experiences.

IJP OLED Moves toward Large-Scale Commercialization
Following more than a decade of research and development, TCL CSOT’s IJP OLED technology is advancing from technical validation toward large-scale production, marking a critical stage in its commercialization. Its expanding applications from medical displays into IT and consumer products demonstrate the growing potential of IJP OLED across monitors and future intelligent devices, attracting increasing attention throughout the display value chain.

At DTC 2026, TCL CSOT will share further updates on its IJP OLED development and continued exploration of the technology. As a major highlight of the conference, these advances will offer a closer look at the potential path for the development of next-generation display technologies.

APEX Platform Innovations Bring the Future of Display to Life
At DTC 2026, TCL CSOT will bring together a broad lineup of APEX platform innovations, highlighting advances in display experience, visual health, sustainability, and form-factor innovation. By connecting technology development with real-world applications, the showcase will translate the value of a “great display” into tangible experiences. From picture quality and viewing comfort to new product forms and use cases, the exhibits will offer industry partners and guests a clearer view of the diverse possibilities shaping the future of displays.

Industry Leaders to Exchange Perspectives on the Future of Displays
Beyond its technology and product showcases, DTC 2026 will bring together industry leaders and cross-sector thinkers to explore the future of displays. Jun Zhao, Senior Vice President of TCL Technology and CEO of TCL CSOT; Xiaolin Yan, CTO of TCL Technology and TCL CSOT; and science writer and Wenjin Book Award Winner Weigang Wan are expected to join the conference.

Their discussions will examine how AI is reshaping display standards, human-machine interaction, product development, and user experience. By bringing together perspectives from technology, content, and applications, DTC 2026 aims to present an integrated view of the forces shaping the future of displays and foster closer collaboration across the display ecosystem. More highlights from DTC 2026 will be announced soon.

SOURCE TCL CSOT

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Club Offers for Travel Enthusiasts in the UK

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LONDON, Nov. 7, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces four of many new Club Offers for Club Members in the UK.

Rigorously vetted and negotiated for us travel enthusiasts:

£420PP—DELUXE TUSCANY BREAK WITH DINNER & COOKING CLASS
Hotel Villa Il Patriarca sits in extensive grounds, surrounded by mature pine and cypress trees. This offer includes three nights in a Junior Suite, a 6-course dining experience at Michelin-listed I Salotti, a cooking class with the chef, and wine tasting. We have negotiated savings of £373 per couple in spring and summer.
  £200PP—2 NIGHTS AT NEW CORNWALL HOTEL
Travelzoo Club Members are invited to be the first guests at this new hotel when it opens in January. Elysium St Mawes in the Cornish village of St Mawes has been completely redesigned. We have negotiated savings of 50% on regular rates. Includes two nights, champagne, cream tea, and a session in the thermal spa.
  £199PP—FRENCH RIVIERA WITH FLIGHTS
Winter in Cannes means fewer crowds, golden light, and mild weather. This special rate is just for us Club Members—three nights at the Juliana Hotel Cannes in a balcony room, a stone’s throw from the famous Boulevard de la Croisette. Includes return flights.
  £99PP—TOP WEST END SHOW WITH DINNER
“Miss Saigon” returns to the West End for the first time since 2016. Tickets usually cost £99 per person but, with this offer, we also get a 2-course meal and drink at Gaucho Piccadilly before the show.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Cat Jordan – London
+44 77 7678 1525
cjordan@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-the-uk-302932597.html

SOURCE Travelzoo

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Dynamic Pricing Raises New Questions for Forwarders Evaluating Automated Freight Quoting

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As freight forwarders adopt AI freight quoting software, Aircon founder Chris Condon says buyers should measure more than response speed. He urges teams evaluating freight quote automation software to count total operator time, including review and correction, and to check how quotes hold up when shipment details change.

LEWISVILLE, Texas, Nov. 7, 2026 /PRNewswire-PRWeb/ — As more freight forwarders adopt AI freight quoting software to keep pace with shifting rates, a practical question is emerging: how much of the time saved is later spent checking and fixing what the software produces? Chris Condon, founder and CEO of Aircon, says buyers evaluating freight quote automation software should look at dynamic pricing alongside the work required to turn a supplier’s rate into a customer commitment. His comments follow G2’s 2026 AI Agents Report, updated October 14, which examines the operating costs of reviewing and correcting automated work.

“A higher rate can still be the right choice if it supports the required service,” Condon said. “What matters is knowing what the price includes, which conditions apply and what still has to be confirmed before the customer relies on the answer.”

“Think about a hotel when a major concert comes to town,” Condon said. “Demand goes up, there are only so many rooms, and prices can rise. Freight responds to supply and demand too. The forwarder’s job is to work out whether the available price and service meet the customer’s need.”

Freight pricing reflects more than demand. Costs, contract terms, and shipment requirements all shape the final number. A changing rate tells the forwarder something about one particular option… building a customer offer still requires checking service conditions, outstanding confirmations, and the forwarder’s own commercial rules.

That verification step is where automated freight quoting is put to the test. Condon refers to it as decision assurance: organizing the inputs and evidence behind a proposed commitment, flagging open questions, and keeping a record of the decision, while the forwarder retains judgment and the customer relationship.

“A higher rate can still be the right choice if it supports the required service,” Condon said. “What matters is knowing what the price includes, which conditions apply and what still has to be confirmed before the customer relies on the answer.”

G2’s report draws on a July survey of 1,019 business technology decisionmakers across industries. Forty-five percent of respondents said oversight and rework consume more than a quarter of their expected productivity gains. The findings are self-reported and cover enterprise AI adoption broadly; the report is not specific to freight.

For teams comparing freight quoting software for forwarders, Condon suggests looking beyond response speed. He recommends measuring total operator time, including review and correction, and asking how any freight quote management software handles changes to shipment details…and whether a second operator can understand the conditions behind an earlier quote.

“The practical standard is to give the team time back and keep the judgment behind the customer commitment clear,” Condon said.

About Aircon:

Aircon provides decision-assurance software for freight forwarders, supporting the review that takes place before a quote becomes a customer commitment. It preserves inputs, evidence, and decision state within the forwarder’s existing workflow, while the forwarder retains the customer relationship and commercial judgment.

Media Contact

Chris Condon, Aircon, 1 (855) 750-4560, ccondon@aircon.ai, https://www.aircon.ai

View original content:https://www.prweb.com/releases/dynamic-pricing-raises-new-questions-for-forwarders-evaluating-automated-freight-quoting-302931757.html

SOURCE Aircon

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