Elbit Systems Ltd. will supply the Swiss army with new surveillance drones, beating rival Israel Aerospace Industries to win the order.

Elbit will provide the Hermes 900HFE unmanned aircraft, the Swiss Defense Ministry said Thursday in a statement. The Swiss government estimates the purchase will cost 250 million Swiss francs ($280 million).

Switzerland narrowed the field of competitors to Elbit and IAI, which offered its Super Heron drone, in 2012. Elbit achieved the highest score across the evaluation criteria, the Swiss government said. […]