Globes reports:
Elbit Systems (TASE:ELST; Nasdaq: ELST) announced a huge strategic deal this morning, amounting to $2.3 billion, with an international customer. Elbit Systems did not disclose the identity of the customer, or even on which continent it is located. The company says that the deal will be spread over eight years, but has not specified what it will be supplying.
It sounds like we have gone back to the days of the Arab boycott of Israel, where nations would secretly make deals with Israel (often through intermediaries) to avoid the wrath of the Arab League.
Now it is the wrath of protesters.
Plus ça change...
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