Elbit shares rally 11.5% after Germany SkyStriker drone order
Elbit Systems and Diehl Defence are working together to pitch the SkyStriker loitering munition to the German Armed Forces, after agreeing a strategic partnership at ILA Berlin. The deal would see production and support in Germany if the system is selected, the companies said. Diehl added that the agreement also involves local manufacturing, assembly, integration and qualification work in Germany.