Elbit Systems Overview
Elbit Systems is an Israeli defense technology company based in Haifa with a global presence. It operates across air, land, sea, cyber, and homeland security sectors. The company employs around 20,000 people worldwide. Its main products include unmanned aerial systems (such as Hermes and Skylark), precision munitions, electronic warfare systems, C4ISR solutions, advanced naval and land systems, and virtual reality-based training platforms. Elbit Systems has recently secured significant contracts like the U.S. Army’s Iron Fist active protection system and the PULS rocket launcher. The company also actively promotes environmental and social governance initiatives.
Latest News
growth-positive
Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on October 29, 2025
Elbit Systems Ltd., a global defense technology company, held its Annual General Meeting of Shareholders on October 29, 2025. During the meeting, several resolutions were approved, including the re-election of seven board members and the re-appointment of an external director. Additionally, Kost, Forer, Gabbay & Kasierer, a member of Ernst & Young Global, was re-appointed as the companys independent auditor for the fiscal year ending December 31, 2025. Elbit Systems is known for developing advanced solutions across multiple domains and reported $1,973 million in revenues for the three months ended June 30, 2025, with an order backlog of $23.8 billion. The company employs approximately 20,000 people worldwide.
Management Changes
growth-positive
Zacks.com featured highlights include Vertiv, Taiwan Semiconductor, Oracle, Lam Research and Elbit Systems
The article discusses the impact of rising inflation in the U.S., which has reached 3%, on investment strategies. It highlights the benefits of investing in dividend growth stocks as a hedge against inflation and economic uncertainty. Five companies, including Vertiv, are identified as strong candidates for dividend growth investment due to their financial health and consistent dividend increases. Vertiv, a provider of digital infrastructure services, is noted for its projected revenue growth and earnings potential. The article suggests that dividend growth stocks offer a promising long-term investment strategy, providing downside protection and capital appreciation.
growth-positive
Elbit Systems to Report Third Quarter 2025 Financial Results on November 18, 2025
Elbit Systems Ltd., a leading global defense technology company, announced that it will publish its third quarter 2025 financial results on November 18, 2025. The company will host a conference call to discuss these results, with management available to answer questions. Elbit Systems, which employs approximately 20,000 people worldwide, reported $1,973 million in revenues for the three months ended June 30, 2025, and an order backlog of $23.8 billion. The company is known for developing advanced solutions across multiple domains, leveraging Israels technology ecosystem to address evolving battlefield challenges. The announcement is seen as growth-positive, reflecting the companys strong financial performance and strategic positioning in the defense sector.
growth-positive
Are Aerospace Stocks Lagging Astronics (ATRO) This Year?
Astronics Corporation, a member of the Aerospace group, has shown impressive stock performance, outperforming its sector peers. With a Zacks Rank of #1 (Strong Buy), the company has seen a 10% increase in its full-year earnings estimate, indicating a positive earnings outlook. Year-to-date, Astronics has returned 200.1%, significantly higher than the average 29.1% return of Aerospace companies. This positions Astronics as a standout performer within the Aerospace - Defense Equipment industry. Elbit Systems, another company in the same industry, has also performed well with a 90.5% return. Investors are advised to keep an eye on both companies for continued strong performance.
growth-positive
New Strong Buy Stocks for Oct. 15: GES, AGX, and More
The article discusses five companies that have been added to the Zacks Rank #1 (Strong Buy) list, indicating a positive outlook for their stocks. Guess, a company known for designing and marketing casual apparel, has seen an 8.1% increase in its earnings estimate over the past 60 days. Other companies mentioned include Argan, Elbit Systems, MillerKnoll, and UBS, each experiencing an increase in their earnings estimates. The article suggests that these companies are strong investment opportunities based on their current performance and market position.
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $804M |
| Last funding | $589M |
| Stage | Public |
| Rounds | 3 |
| Investors | 0 |
Team Members
4
Employees: 500+
Web & Social Links
| Website | www.elbitsystems.com |
| Careers | Careers page |
Locations
Matam, Haifa, Israel
UK
Photos & Videos
2 item(s)
Elbit Systems Business
Business models
B2B, B2G
Product stage
Released
Employees
500+
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsAerospace, Defense & HLSTarget Customer
Industrial ManufacturingDiscrete IndustriesAerospaceDefense, Safety & SecurityNational SecurityCivilMilitarySecurityPublic SecurityHomeland SecurityTransportation & LogisticsTransportation InfrastructureAirportsCore Technology
Artificial IntelligenceMachine LearningComputer VisionMachinery & RoboticsDronesSensingTags (29)
astronauticsdroneslaserssimulatorssurveillancedual-usesatcommarineoptronicselectro-opticsartificial-intelligencecyber-securityagriculturescadaaerospacecritical-infastructureunmanned-aerial-systemsunmanned-ground-vehicleunmanned-aerial-vehiclemilitarynanotechnologyspace-techsecuritydefenseimagingsensorstrainingcommunicationshomeland-securityGeographic Markets
ChileGlobalAsiaSwitzerlandUnited KingdomGermanyNetherlandsBelgiumSwedenFranceUnited StatesAustriaItalyRomaniaHungaryElbit Systems Financials
$804M
Total funding
—
Capital raised
$589M
Last funding
Public
Funding stage
3
Total rounds
0
Investors
Public Offering / Exit
POEvent
May 2025
Undisclosed
POEvent
Apr 2019
Undisclosed
POEvent
Jan 1996
Undisclosed
Mergers & Acquisitions
MNAEvent
Apr 2021
$380M
MNAEvent
Apr 2021
$31M
MNAEvent
Apr 2019
$350M
MNAEvent
Nov 2018
$522M
MNAEvent
Mar 2018
Undisclosed
MNAEvent
Mar 2018
$500M
MNAEvent
Mar 2015
Undisclosed
MNAEvent
Jun 2011
Undisclosed
MNAEvent
Feb 2011
$137.5M
MNAEvent
Oct 2010
Undisclosed
MNAEvent
Jul 2008
Undisclosed
Elbit Systems Lifecycle
All Events
POEvent
May 2025
Undisclosed
POEvent
Apr 2019
Undisclosed
POEvent
Jan 1996
Undisclosed
MNAEvent
Apr 2021
$380M
MNAEvent
Apr 2021
$31M
MNAEvent
Apr 2019
$350M
MNAEvent
Nov 2018
$522M
MNAEvent
Mar 2018
Undisclosed
MNAEvent
Mar 2018
$500M
MNAEvent
Mar 2015
Undisclosed
MNAEvent
Jun 2011
Undisclosed
MNAEvent
Feb 2011
$137.5M
MNAEvent
Oct 2010
Undisclosed
MNAEvent
Jul 2008
Undisclosed
Elbit Systems News
375 articles
growth-positive
Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on October 29, 2025
Elbit Systems Ltd., a global defense technology company, held its Annual General Meeting of Shareholders on October 29, 2025. During the meeting, several resolutions were approved, including the re-election of seven board members and the re-appointment of an external director. Additionally, Kost, Forer, Gabbay & Kasierer, a member of Ernst & Young Global, was re-appointed as the companys independent auditor for the fiscal year ending December 31, 2025. Elbit Systems is known for developing advanced solutions across multiple domains and reported $1,973 million in revenues for the three months ended June 30, 2025, with an order backlog of $23.8 billion. The company employs approximately 20,000 people worldwide.
Management Changes
growth-positive
Zacks.com featured highlights include Vertiv, Taiwan Semiconductor, Oracle, Lam Research and Elbit Systems
The article discusses the impact of rising inflation in the U.S., which has reached 3%, on investment strategies. It highlights the benefits of investing in dividend growth stocks as a hedge against inflation and economic uncertainty. Five companies, including Vertiv, are identified as strong candidates for dividend growth investment due to their financial health and consistent dividend increases. Vertiv, a provider of digital infrastructure services, is noted for its projected revenue growth and earnings potential. The article suggests that dividend growth stocks offer a promising long-term investment strategy, providing downside protection and capital appreciation.
growth-positive
Elbit Systems to Report Third Quarter 2025 Financial Results on November 18, 2025
Elbit Systems Ltd., a leading global defense technology company, announced that it will publish its third quarter 2025 financial results on November 18, 2025. The company will host a conference call to discuss these results, with management available to answer questions. Elbit Systems, which employs approximately 20,000 people worldwide, reported $1,973 million in revenues for the three months ended June 30, 2025, and an order backlog of $23.8 billion. The company is known for developing advanced solutions across multiple domains, leveraging Israels technology ecosystem to address evolving battlefield challenges. The announcement is seen as growth-positive, reflecting the companys strong financial performance and strategic positioning in the defense sector.
growth-positive
Are Aerospace Stocks Lagging Astronics (ATRO) This Year?
Astronics Corporation, a member of the Aerospace group, has shown impressive stock performance, outperforming its sector peers. With a Zacks Rank of #1 (Strong Buy), the company has seen a 10% increase in its full-year earnings estimate, indicating a positive earnings outlook. Year-to-date, Astronics has returned 200.1%, significantly higher than the average 29.1% return of Aerospace companies. This positions Astronics as a standout performer within the Aerospace - Defense Equipment industry. Elbit Systems, another company in the same industry, has also performed well with a 90.5% return. Investors are advised to keep an eye on both companies for continued strong performance.
growth-positive
New Strong Buy Stocks for Oct. 15: GES, AGX, and More
The article discusses five companies that have been added to the Zacks Rank #1 (Strong Buy) list, indicating a positive outlook for their stocks. Guess, a company known for designing and marketing casual apparel, has seen an 8.1% increase in its earnings estimate over the past 60 days. Other companies mentioned include Argan, Elbit Systems, MillerKnoll, and UBS, each experiencing an increase in their earnings estimates. The article suggests that these companies are strong investment opportunities based on their current performance and market position.
growth-positive
JPMorgan Initiates Coverage of Elbit Systems Ltd. (ESLT) with Neutral Rating
Elbit Systems Ltd., an Israeli-based defense company, has been identified as one of the best military drone stocks to buy according to hedge funds. On September 30, JPMorgan initiated coverage of Elbit Systems with a Neutral rating and set a price target of $520. Despite the stocks significant rise of 157% over the past year, JPMorgan sees strong growth prospects, driven by demand for missiles, munitions, and protective equipment. The company is projected to achieve a 16% sales growth in 2025, with revenue nearing $8 billion. The firms profitability is expected to improve, with EBIT margins increasing to 10.1% by 2026.
growth-positive
Assessing Elbit Systems (TASE:ESLT) Valuation After New 52-Week High and Positive Earnings Momentum
Elbit Systems has recently reached a new 52-week high, attracting attention due to its consistent earnings performance and positive analyst outlooks. The companys stock has shown strong returns, indicating robust investor confidence. However, its current price-to-earnings (P/E) ratio of 58.4x is higher than the industry average, suggesting that the stock might be overvalued. Despite this, the market seems to be pricing in strong future growth. Analysts and investors are debating whether the current price reflects all future growth potential or if the stock is overvalued. A conservative valuation model suggests the stock is significantly overvalued, raising questions about future growth expectations.
growth-positive
Elbit Systems Ltd. (ESLT) Hit a 52 Week High, Can the Run Continue?
Elbit Systems has shown strong stock performance, with a 7.2% increase over the past month and a 97.5% gain since the start of the year. The company recently hit a 52-week high of $511.12. Elbit has consistently exceeded earnings expectations, with a recent EPS of $3.23 beating the consensus estimate. For the current fiscal year, Elbit is expected to see significant growth in EPS and revenues. The companys stock is currently trading at a premium compared to its peers, but it maintains a strong Zacks Rank of #2 (Buy) and a VGM Score of B, indicating potential for further gains.
growth-positive
Elbit Systems (ESLT) is a Great Momentum Stock: Should You Buy?
Elbit Systems, a defense electronics company, is currently experiencing positive momentum in its stock performance. The company holds a Momentum Style Score of B and a Zacks Rank of #2 (Buy), indicating strong potential for continued growth. Over the past week, Elbit Systems shares have increased by 1.15%, and over the past month, they have risen by 7.17%, outperforming the industry average. Additionally, the companys shares have surged by 15.41% over the past quarter and 152% over the last year, significantly outpacing the S&P 500s performance. This positive trend suggests that Elbit Systems is a solid momentum pick for investors.
growth-positive
CoreWeave initiated, Instacart downgraded: Wall Street's top analyst calls
The article discusses recent research calls on Wall Street, highlighting upgrades and downgrades of various companies. Celsius Holdings was upgraded by Morgan Stanley to Overweight with a price target increase, indicating a positive growth outlook. The firm expects a reacceleration in topline growth for Celsius. Other companies like FIS, Semtech, Freeport-McMoRan, and Adial Pharmaceuticals also received upgrades, while companies such as Instacart, Spotify, Oklo, Unity, and NuScale Power were downgraded due to various reasons including competitive pressures and valuation concerns.
growth-positive
The Hermes 900 sale highlights the paradox of Israel’s defense industry, where global demand persists even as European governments suspend contracts.
Elbit Systems has secured a $120 million contract to supply its Hermes 900 unmanned aerial system for maritime surveillance to an undisclosed international customer. Despite facing challenges in Europe due to political pressures linked to the war in Gaza, the deal highlights the continued global demand for Israels advanced defense technology. The Hermes 900, a medium-altitude, long-endurance platform, is capable of intelligence, surveillance, target acquisition, and reconnaissance missions. This contract underscores Elbits technological edge and operational experience, even as European governments suspend contracts with Israeli manufacturers. Recent cancellations in Spain have totaled approximately €600 million, but new deals like the Hermes 900 sale demonstrate strong international interest in Israels defense capabilities.
Customers
growth-neutral
Elbit Systems Announces Extension of Its Shelf Prospectus in Israel
Elbit Systems Ltd., a global defense technology company, announced that the Israel Securities Authority has extended the term of its shelf prospectus by 12 months, until September 27, 2026. The company has not yet decided on any securities offering under this prospectus, and any potential offering would be made only in Israel unless otherwise specified. Elbit Systems, which employs approximately 20,000 people globally, reported $2.0 billion in revenues for the three months ending June 30, 2025, and an order backlog of $23.8 billion. The company is focused on delivering advanced solutions across multiple domains and is leveraging Israels technology ecosystem to address evolving battlefield challenges.
neutral
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that the Israel Securities Authority extended...
Elbit Systems Ltd., a global defense technology company, announced the extension of its shelf prospectus by the Israel Securities Authority until September 27, 2026. The company has not yet decided on any securities offering under this prospectus, and any potential offering would be conducted in Israel, subject to registration or exemption requirements. Elbit Systems, which employs around 20,000 people globally, reported $2.0 billion in revenues for the three months ending June 30, 2025, and an order backlog of $23.8 billion. The company is known for developing advanced solutions across multiple domains to address evolving battlefield challenges.
growth-negative
Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Wednesday Ahead of Fed Policy Decision
The article discusses the performance of the SPDR S&P 500 ETF Trust (SPY), which experienced a slight decline of 0.03%. The article is part of a premium news service provided by MT Newswires, which requires a Silver or Gold subscription plan for full access. The article does not provide specific details about the reasons for the ETFs performance but highlights the need for a subscription to access more detailed market analysis.
growth-positive
Carnival Among Stocks With Rising Profit Estimates As Wall Street Sees More Earnings Growth
Carnival, along with Elbit Systems and Century Aluminum, is experiencing a positive outlook as Wall Street analysts raise their earnings expectations. This optimism is reflected in the rising profit estimates for these companies, with two of the mentioned stocks currently in buy zones. The article highlights the potential for further earnings growth, indicating a positive trajectory for these companies in the stock market. Carnivals inclusion in this list suggests a growth-positive impact, as investors and analysts anticipate improved financial performance.
growth-positive
Jim Cramer Highlights That He Has Liked Elbit Systems “For a Couple of Decades”
Elbit Systems Ltd. (NASDAQ:ESLT) is highlighted as a strong stock by Jim Cramer, despite being a foreign defense company, which he finds harder to evaluate. The company specializes in defense, homeland security, and commercial aviation technologies, offering solutions like unmanned systems and cyber intelligence. On August 13, Elbit declared a $0.75 per share quarterly dividend, payable by October 27. The article suggests that while Elbit Systems is a solid investment, certain AI stocks might offer better short-term growth potential. The article is originally published at Insider Monkey.
growth-positive
How Investors Are Reacting To Elbit Systems (TASE:ESLT) Debuting AI-Enhanced JUPITER Camera in NAOS Satellite
On August 26, 2025, OHB Italia successfully launched the NAOS satellite, featuring Elbit Systems JUPITER space camera, which provides multispectral imaging for various missions. This achievement underscores Elbit Systems expertise in high-performance optical systems and AI-driven analytics for spaceborne image analysis. The launch supports Elbits narrative as a supplier of advanced, AI-enabled solutions for markets like earth observation. While the event strengthens Elbits brand, it does not significantly alter short-term catalysts, which focus on executing and delivering large contracts. Concerns about stretched valuations and low return on equity remain, potentially affecting investor sentiment. Despite these risks, Elbit Systems shares are rising, though some believe they may be overvalued.
growth-positive
Amazon, Netflix, These Other Stocks Bear Watching As They Approach Buy Points
The article discusses Amazon and Netflix as key stocks to watch as they approach buy points or early entries, indicating potential growth opportunities for investors. The focus is on the stock market performance of these companies, suggesting that they are in a favorable position for investment. The article highlights the importance of monitoring these stocks closely as they present actionable opportunities for investors looking to capitalize on market movements.
growth-positive
Stock Market Week Ahead: OPEC, iPhone17 Launch And Communacopia
The article discusses several key events impacting the stock market in the upcoming week, including an OPEC vote, inflation data, and Apples launch of the new iPhone 17. Additionally, a Goldman Sachs tech conference and various earnings reports are highlighted. The launch of Apples iPhone 17 is expected to have a positive impact on the company, contributing to growth. The article also mentions other companies like Synopsys, Shopify, and Amazon in the context of the broader market outlook.
growth-positive
BofA Securities Lifts Elbit Systems Ltd. (ESLT)’s Price Target To $540, Maintains Buy Rating
Elbit Systems Ltd., an Israel-based defense technology company, has been recognized as one of the best-performing defense stocks to buy. On August 26, BofA Securities raised the stocks price target from $500 to $540, maintaining a Buy rating due to the companys robust demand and stronger-than-anticipated growth. The new price target represents an 8% upside from the previous target and a 12% increase from its current share price. Elbit Systems share price has surged nearly 85% year-to-date, supported by several high-value contracts. Despite its potential, some analysts suggest that certain AI stocks may offer greater upside potential.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4, 2025. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the chance to meet with management in one-on-one settings. The symposium aims to provide insights into the industrys future and foster networking opportunities among key players.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th, 2025. The event will feature top executives from over ten companies in the aerospace and defense industry, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential. The symposium provides a platform for attendees to engage with management in one-on-one settings. The event is expected to foster growth opportunities and strategic partnerships within the industry.
growth-positive
Elbit Systems' JUPITER Space Camera Successfully Launched Aboard the NAOS Satellite, in Collaboration with OHB-Italia
Elbit Systems Ltd. has successfully launched its advanced JUPITER space camera aboard the NAOS satellite, which was manufactured by OHB Italia S.p.A. and launched from Vandenberg Space Force Base aboard a SpaceX Falcon 9 rocket on August 26th. The JUPITER camera, developed by Elbit Systems ISTAR&EW - ELOP division, is one of the worlds most advanced space cameras, featuring a large aperture and lightweight design. It offers multispectral imaging capabilities, including high-resolution panchromatic, RGB, and NIR channels. The cameras data is compatible with AI engines for advanced image processing. This achievement highlights the collaboration between OHB Italia and Elbit Systems, showcasing their expertise in satellite engineering and imaging technology.
Partners
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. is proud to announce the successful launch of its advanced JUPITER space camera aboard the National Advanced Optical System...
Elbit Systems Ltd. has successfully launched its advanced JUPITER space camera aboard the NAOS satellite, which was manufactured by OHB Italia S.p.A. and launched from Vandenberg Space Force Base aboard a SpaceX Falcon 9 rocket. The JUPITER camera is one of the worlds most advanced space cameras, featuring multispectral imaging capabilities and integration with AI engines for enhanced image analysis. This collaboration between Elbit Systems and OHB Italia highlights the companys expertise in delivering high-performance spaceborne optical systems. The launch supports various earth observation missions, including military operations and environmental monitoring, marking a significant achievement for Elbit Systems in the space technology domain.
Partners
growth-positive
Dow Jones Futures Rise As Nvidia Looms; Tesla Is New Breakout With 5 Stocks Near Buy Points
The article discusses the positive movement in the stock market as it anticipates Nvidias earnings. Teslas stock has broken out, signaling a growth-positive impact for the company. Additionally, several aerospace and defense stocks are approaching buy points, indicating potential investment opportunities in these sectors. The article highlights the current trends in the stock market, focusing on key players like Nvidia and Tesla, and the potential for growth in the aerospace and defense industries.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City, Thursday, September 4, 2025
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4, 2025. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have opportunities for one-on-one meetings with management. The symposium aims to provide insights into the industrys future and foster networking among key players.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City, Thursday, September 4, 2025
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th, 2025. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the chance to engage with management in one-on-one settings. The symposium aims to provide insights into the industrys future and foster networking opportunities among key players.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds, LLC is organizing its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th, 2025. The event will feature top executives from over ten companies in the aerospace and defense sectors. Key themes include strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential. The symposium offers attendees the chance to engage with management in one-on-one settings. Companies such as AIRO Group Holdings, Elbit Systems, and HEICO Corporation are among the featured participants. Gabelli Funds is a registered investment adviser and a subsidiary of GAMCO Investors, Inc.
growth-positive
The Israeli defense firm had withheld the client’s name; package includes drones, missiles, and command systems.
Elbit Systems, an Israeli defense firm, has secured a significant contract worth $1.63 billion to supply the Serbian army with advanced weapons and systems, including drones, missiles, and command systems. This deal is part of Serbias ongoing military modernization efforts, particularly in response to the ongoing conflict between Russia and Ukraine. Elbit Systems has chosen not to disclose the clients identity due to confidentiality requests. The company recently reported a 21% increase in sales and a 60% rise in profits in its second-quarter financial results. Additionally, Elbit received a $244 million order from Israels Ministry of Defense for munitions production.
CustomersProduct Stage
growth-positive
Earnings Spotlight On Walmart Stock As E-Commerce Sales Boom; Viking Cruises Higher Ahead Of Results
Walmarts stock remains near its highs as the company prepares to release its quarterly earnings report. The article highlights the growth in Walmarts e-commerce sales, which is a positive indicator for the companys future performance. Despite the strong stock performance, the relative strength line has been lagging since May. The focus on e-commerce suggests that Walmart is capitalizing on the growing trend of online shopping, which could contribute to sustained growth. The article does not mention any new partnerships, acquisitions, or management changes.
growth-positive
Elbit Systems Ltd (ESLT) Secures $260M Contract from Airbus Defense and Space
Elbit Systems Ltd. has secured a $260 million contract from Airbus Defense and Space to supply J-MUSIC Directed Infrared Counter Measures (DIRCM) systems for the German Air Forces A400M transport aircraft fleet. This contract, to be executed over six years, enhances Elbits position as a leading provider of DIRCM solutions. The system uses advanced laser and imaging technology to protect aircraft from infrared-guided missile threats. This development is seen as a positive growth indicator for Elbit Systems, which operates in defense, homeland security, and commercial aviation sectors. The article also suggests potential investment opportunities in AI stocks.
Customers
growth-positive
Elbit Systems Ltd (ESLT) Q2 2025 Earnings Call Highlights: Robust Growth and Strategic Advances
Elbit Systems Ltd reported strong financial performance in Q2 2025, with revenue increasing to $1.973 billion from $1.626 billion in Q2 2024. The company achieved a significant contract worth $1.625 billion to deliver defense solutions to a European country, contributing to a 12% increase in its order backlog, now at $23.8 billion. Elbit Systems successfully raised $573 million through a share offering, indicating strong market demand. Despite geopolitical challenges and supply chain issues, particularly in France and in the development of high-power laser solutions, the company remains focused on margin expansion through operational improvements. The company also increased its dividend by 50% to $0.75 per share.
PIPE/POCustomers
growth-positive
Israel Defense Firm Makes Bullish Jump On Earnings, $1.64 Billion Contract
Elbit Systems, an Israeli defense firm, reported strong quarterly earnings, driven by increased demand due to conflicts in the Middle East. The company secured a significant $1.64 billion contract, which contributed to its positive financial performance. This contract highlights the firms growing influence and capability in the defense sector. The article suggests a bullish outlook for Elbit Systems as it continues to capitalize on geopolitical tensions and expand its customer base.
Customers
growth-positive
Israeli Defense Contractor Beats Wall Street Estimates. The Stock Jumped.
Elbit Systems, an Israeli defense contractor, reported its second-quarter earnings, surpassing Wall Streets expectations. The company achieved earnings per share of $2.69 on sales just under $2 billion, exceeding the anticipated $2.41 earnings per share and $1.9 billion in sales. This positive financial performance led to a jump in the companys stock. The results highlight Elbit Systems strong market position and operational efficiency, contributing to a growth-positive outlook for the company.
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ: ESLT) (TASE: ESLT), the international high technology defense company, reported...
Elbit Systems Ltd., a global defense technology company, reported strong financial results for the second quarter of 2025, with revenues of $2.0 billion and a net income of $125.7 million. The company experienced a 21% year-over-year revenue growth and a 55% increase in non-GAAP EPS, driven by strong demand for its technologies and solutions. The ongoing Swords of Iron conflict in the Middle East has led to increased demand from the Israel Ministry of Defense, potentially resulting in additional orders. Elbit Systems also announced a public offering of shares, raising approximately $588.8 million. The company secured a $260 million contract with Airbus Defence and Space and another $260 million contract with the Israel Ministry of Defense. Despite some operational disruptions due to the conflict, Elbit Systems continues to maintain its global operations and partnerships.
CustomersPIPE/POPartners
growth-positive
ELBIT SYSTEMS REPORTS SECOND QUARTER 2025 RESULTS
Elbit Systems Ltd., an international high technology defense company, reported strong financial results for the second quarter of 2025. The company achieved revenues of $1,972.7 million, marking a 21% increase year over year. The growth was driven by increased sales in various sectors, including Precision Guided Munitions, UAS, C4I, Cyber, ISTAR, and Electronic Warfare systems across Israel, Europe, and Asia Pacific. The companys GAAP net income was $125.7 million, with a non-GAAP net income of $151.0 million. Elbit Systems strategic presence in Europe and strong demand for its technologies have positioned it for continued growth. The company attributes its success to its dedicated workforce and strategic investments.
Stocks Gain Pre-Bell as Fed Rate Cut Expectations Rise Following Latest Inflation Data
The provided text is a placeholder for a premium article from MT Newswires, dated August 13, 2025. It mentions that the main US stock measures were pointing higher in premarket activity. However, the article content is not accessible without a subscription, and thus, no specific company or detailed information is provided.
growth-positive
Elbit Systems Awarded $1.635 Billion Contract to Deliver a Range of Defense Solutions to a European Country
Elbit Systems Ltd. has secured a $1.635 billion contract to provide a range of defense solutions to a European country over a five-year period. The contract includes advanced technologies such as long-range precision strike artillery-rocket systems, unmanned reconnaissance systems, and sophisticated ISTAR capabilities. The solutions incorporate embedded AI technology and cover all operational levels from strategic army headquarters to tactical combat vehicles. This contract highlights the demand for Elbit Systems technologies in Europe and includes industrial cooperation to enhance the buyers national industrial capabilities.
CustomersPartners
growth-positive
Elbit Systems discloses $1.6bn European order, reports higher Q2 results; stock up
Elbit Systems reported a significant increase in both revenue and profit for the second quarter, alongside securing a substantial defense contract worth $1.635 billion with an undisclosed European country. The companys revenue rose by 21% year-on-year to $1.9 billion, and net profit increased by 63% to $151 million. The order backlog reached $23.8 billion, with a significant portion coming from international customers. This growth is reflected in the companys stock, which saw a 6% increase in premarket trading. The contract is set to be implemented over five years, further solidifying Elbits position in the defense sector.
CustomersProduct Stage
growth-positive
Elbit Systems (ESLT) Q2 Earnings and Revenues Surpass Estimates
Elbit Systems reported quarterly earnings of $3.23 per share, surpassing the Zacks Consensus Estimate of $2.57 per share, marking a 25.68% earnings surprise. This performance continues a trend of surpassing consensus EPS estimates over the last four quarters. The company, part of the Aerospace - Defense Equipment industry, also reported revenues of $1.97 billion, exceeding estimates by 4.43%. Elbits stock has risen by 69.4% since the start of the year, significantly outperforming the S&P 500s 9.6% gain. Despite mixed estimate revisions, the stock holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance. Future stock movements will depend on earnings outlook and management commentary.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th, 2025. The event will feature top executives from over ten companies in the aerospace and defense sectors. Key themes include strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential. The symposium provides an opportunity for attendees to engage with management in one-on-one settings. The event is expected to be beneficial for Gabelli Funds, highlighting growth opportunities in the industry.
growth-positive
Optimism Over Potential Fed Rate Cuts Lift Wall Street Futures
The article discusses the positive sentiment in Wall Street futures, which are tracking higher in premarket trading. This optimism is attributed to expectations surrounding the Federal Reserves actions. The article is part of MT Newswires premium content, which requires a Silver or Gold subscription to access. The focus is on the financial markets response to potential Federal Reserve decisions, indicating a growth-positive outlook for the company due to increased interest in financial news and analysis.
growth-positive
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday as Inflation Cooldown Favors Rate Cut Bets
The article discusses the performance of the SPDR S&P 500 ETF Trust (SPY), which saw a 0.2% increase in its value. This indicates a positive growth trend for the ETF. The article is part of a premium news service offered by MT Newswires, which requires a subscription to access full content. The focus is on the market performance of SPY, along with other indices like QQQ, ^SPX, ^DJI, and ^IXIC. The article does not mention any specific events or changes related to the ETF, such as partnerships, acquisitions, or management changes.
growth-positive
Elbit: Q2 Earnings Snapshot
Elbit Systems Ltd., based in Haifa, Israel, reported a profit of $125.7 million for its second quarter. The companys net income was $2.69 per share, with adjusted earnings at $3.23 per share. Elbit Systems, a maker of defense electronics, posted revenue of $1.97 billion during this period. This financial performance indicates a positive growth trajectory for the company.
growth-positive
Rampage missiles were reportedly used in attacks on Iranian air defense systems.
Elbit Systems has secured two contracts with the Israeli Defense Ministry worth approximately NIS 900 million ($263 million) for advanced air weapon systems, including Rampage air-to-surface missiles. These missiles, capable of striking targets from long distances, were reportedly used by the Israeli Air Force during Operation Rising Lion to neutralize Iran’s defense systems. The deal is part of Israels strategy to boost domestic weapons production amid global restrictions on arms sales to the country. The contracts are expected to positively impact Elbit Systems by expanding its customer base and enhancing its role in Israels defense strategy.
Customers
growth-negative
Mercury Systems (MRCY) Q4 Earnings and Revenues Surpass Estimates
Mercury Systems reported quarterly earnings of $0.47 per share, significantly surpassing the Zacks Consensus Estimate of $0.21 per share, marking an earnings surprise of +123.81%. The company also reported revenues of $273.11 million, exceeding the consensus estimate by 12.99%. Despite outperforming the market with a 25.8% increase in share value since the beginning of the year, the companys stock is expected to underperform in the near future due to an unfavorable earnings outlook and a Zacks Rank #5 (Strong Sell). The companys future performance will depend on managements commentary and changes in earnings estimates.
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, that it was awarded two contracts in an...
Elbit Systems Ltd. announced that it has been awarded two contracts worth approximately $260 million to supply advanced airborne munitions to the Israel Ministry of Defense. This development highlights Elbit Systems commitment to providing cutting-edge defense technologies that enhance the operational readiness of the Israel Defense Forces. The contracts are expected to attract interest from other armies worldwide due to their relevance to emerging operational needs. Elbit Systems, a global defense technology company, continues to expand its portfolio of advanced solutions, leveraging Israels technology ecosystem to address evolving battlefield challenges.
Customers
growth-positive
Elbit Systems Awarded Two Contracts in an Aggregate Amount of Approximately $260 Million for the Supply of Advanced Airborne Munitions to the Israel Ministry of Defense
Elbit Systems Ltd., a global defense technology company, announced the award of two contracts worth approximately $260 million for supplying advanced airborne munitions to the Israel Ministry of Defense. This development highlights Elbit Systems commitment to delivering cutting-edge solutions that enhance the operational readiness of the Israel Defense Forces. The contracts are expected to attract interest from armies worldwide due to their relevance to emerging operational needs. Elbit Systems, employing around 20,000 people globally, reported $1.9 billion in revenues for the first quarter of 2025 and an order backlog of $23.1 billion. The companys focus on leveraging Israels technology ecosystem positions it to address rapidly evolving battlefield challenges.
CustomersProduct Stage
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4, 2025. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the chance to meet with management in one-on-one settings. The symposium is expected to positively impact Gabelli Funds by showcasing their involvement in a high-growth sector and facilitating networking opportunities.
growth-positive
Stock Market Week Ahead: Ford's 'Model T' Moment, China Leaders, Aerospace Innovators
The upcoming week is set to be significant for investors, with Fords launch of a new electric vehicle (EV) being a key highlight. This event is being compared to Fords historic Model T moment, indicating its potential impact on the companys growth trajectory. Additionally, Ciscos earnings report and inflation data are also on investors radar. The article suggests a positive outlook for Ford as it expands its EV offerings, which could enhance its market position. The focus on Fords EV launch underscores the companys commitment to innovation and adaptation in the evolving automotive industry.
Product Stage
growth-positive
Cisco Stock Shows Strength Ahead Of Earnings; Fast-Growing IPOs CoreWeave, Circle Internet Set To Report
Ciscos stock is showing strength as it approaches its earnings report, indicating a positive outlook for the company. Meanwhile, newly public companies CoreWeave and Circle Internet are facing challenges ahead of their earnings announcements. The article highlights the performance of these companies in the stock market, with a focus on Ciscos rally and the struggles of the recent IPOs. The context suggests that Cisco is in a stable product stage, with its stock performance being a key focus.
growth-positive
Kratos (KTOS) Tops Q2 Earnings and Revenue Estimates
Kratos reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, marking a 22.22% earnings surprise. The company, part of the Aerospace - Defense Equipment industry, also reported revenues of $351.5 million, surpassing estimates by 14.58%. Kratos has consistently exceeded earnings and revenue estimates over the past four quarters. The companys stock has risen by approximately 123.4% since the start of the year, outperforming the S&P 500s 7.9% gain. Despite the positive performance, the stock holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market. Future stock movements will depend on earnings outlook and estimate revisions.
growth-positive
Dow Jones Discount Retail Giant Walmart, Defense Leader Elbit In Or Near Buy Zones
The article discusses the current stock market positioning of Walmart and Elbit. Walmart, a Dow Jones discount retail giant, is nearing a new buy point, indicating a potential growth opportunity for investors. Meanwhile, Elbit, a leader in the defense sector, is experiencing a breakout, suggesting positive momentum in its stock performance. The article highlights these companies as being in or near buy zones, making them attractive options for investors looking to capitalize on market trends. No specific investment amounts, partnerships, or customer details are mentioned.
growth-positive
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
Gabelli Funds, LLC is organizing its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4, 2025. The event will feature top executives from over ten companies in the aerospace and defense sectors. The symposium will focus on themes such as strong demand outlook, high barriers to entry, aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential. Attendees will have the chance to engage with management in one-on-one settings. This event is expected to positively impact Gabelli Funds by highlighting its involvement in significant industry discussions.
growth-positive
Google, Gold Miner Lead Five Stocks Near Buy Points After Market Sell-Off
The article highlights Alphabet, the parent company of Google, as a leading entity in profit growth, driven by advancements in artificial intelligence and other expanding business sectors. Despite a recent market sell-off, Alphabet remains strong, showcasing its resilience and potential for continued growth. The focus on AI and other innovative technologies positions Alphabet as a key player in the tech industry, contributing positively to its financial performance.
growth-positive
Defense Stock Elbit Systems, IBD Stock Of The Day, Is Laser Focused On Buy Point
Elbit Systems, a leading defense stock, has been highlighted as the Stock of the Day by Investors Business Daily. The companys stock is approaching a buy point, driven by increased military spending and the introduction of its new high-power laser technology. This development positions Elbit Systems favorably in the defense sector, suggesting a positive growth trajectory. The article emphasizes the companys strategic focus on leveraging advanced technology to capitalize on rising defense budgets.
growth-positive
Investors Lock In On This GE Aerospace Peer. Here's Why.
The article highlights Elbit, a company that is gaining attention on Wall Street due to a pending breakout and the launch of a new next-generation system. This development is seen as a positive growth indicator for the company. The focus on innovation and advanced technology positions Elbit as a significant player in its industry, drawing interest from investors. The article suggests that Elbits strategic moves and product advancements are likely to enhance its market position and drive future growth.
Product Stage
growth-positive
Elbit (ELST) Initiated with Buy Rating from BofA, Backed by Global Defense Boom
Elbit Systems Ltd., a leader in defense technology, received a Buy rating from BofA analyst Ronald Epstein, with a price target of $500, indicating an 8.3% upside from its current trading price. The company is well-positioned to benefit from increased global defense spending due to geopolitical uncertainties. Elbits diversified portfolio, including unmanned systems and electronic warfare, aligns with modern military needs. The company has an expanding international customer base, particularly in NATO-aligned countries. Despite trading at a premium compared to large U.S. defense contractors, its valuation is seen as reasonable against small- to mid-cap peers.
Customers
growth-positive
Elbit Systems To Report Second Quarter 2025 Financial Results on August 13, 2025
Elbit Systems Ltd., a leading global defense technology company, announced it will host a conference call to discuss its second quarter 2025 financial results on August 13, 2025. The company, which employs approximately 20,000 people across five continents, reported $1.9 billion in revenues for the three months ended March 31, 2025, and an order backlog of $23.1 billion. The call will be available live on their website and replay options will be provided. Elbit Systems is known for developing and integrating advanced solutions to address evolving battlefield challenges. The announcement is seen as growth-positive, reflecting the companys robust financial performance and strategic positioning in the defense sector.
neutral
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it will publish its Second Quarter 2025...
Elbit Systems Ltd., a global defense technology company, announced that it will publish its second quarter 2025 financial results on August 13, 2025. The company will host a conference call on the same day to discuss these results. Elbit Systems reported $1.9 billion in revenues for the three months ended March 31, 2025, and an order backlog of $23.1 billion. The company employs approximately 20,000 people across multiple continents and is known for developing advanced solutions for security and defense. The press release includes forward-looking statements about the companys future performance and potential risks.
growth-positive
Analysts Hike Profit Targets On This Gold Stock, Defense Name
The article discusses the significant profit growth potential for a gold stock, KGC, and a defense technology company, ESLT. Both companies have seen their stock prices soar by around 70% this year. Analysts are particularly optimistic about a biotech company, predicting a 471% profit growth. The article highlights the positive outlook for these companies, driven by strong market performance and analyst expectations.
growth-positive
Elbit Systems Awarded $260 Million Contract to Supply DIRCM Self-Protection Systems for Germany's A400M Aircraft Fleet
Elbit Systems Ltd has secured a $260 million contract from Airbus Defence and Space to supply its J-MUSIC™ Directed Infrared Counter Measures (DIRCM) systems for the German Air Forces A400M transport aircraft. The contract will be executed over six years and highlights Elbits position as a leading provider of DIRCM solutions. The J-MUSIC™ system is designed to protect aircraft from infrared-guided missile threats using advanced laser technology. Elbits DIRCM solutions are already operational on various military and commercial aircraft worldwide, with customers including governments and defense ministries from several countries. This contract strengthens Elbits collaboration with Airbus DS and enhances the protection of Germanys strategic air assets.
CustomersPartners
growth-positive
Elbit Systems Awarded $260 Million Contract to Supply DIRCM Self-Protection Systems for Germany's A400M Aircraft Fleet
Elbit Systems Ltd. has been awarded a $260 million contract by Airbus Defence and Space to supply its J-MUSIC™ Directed Infrared Counter Measures (DIRCM) systems for the German Air Forces A400M transport aircraft. The contract will be executed over six years and follows a procurement decision by the Bundeswehrs Federal Office for Equipment, Information Technology and Operations. The J-MUSIC™ DIRCM system is part of Elbits MUSIC™ family, designed to protect aircraft from infrared-guided missile threats. Elbit Systems DIRCM solutions are operational globally, with customers including various governments and defense ministries. This contract strengthens Elbits position as a leading provider of DIRCM solutions.
PartnersCustomers
growth-positive
Buy These 5 Low-Leverage Stocks Amid Impressive Retail Sales Data
The article discusses the positive performance of U.S. stock indices on July 17, 2025, driven by growth factors such as improved retail sales and decreased unemployment claims. Notably, Netflixs better-than-expected earnings results contributed to investor confidence and Wall Streets performance. The article advises investors to consider low-leverage stocks like Novartis, ResMed Inc., Wabtec, Elbit Systems, and Ingredion Inc. to mitigate risks associated with market volatility. It explains the concept of leverage and its implications for financial risk, emphasizing the importance of selecting companies with lower debt-to-equity ratios for safer investments.
growth-positive
Is Elbit Systems (ESLT) Outperforming Other Aerospace Stocks This Year?
Elbit Systems, a prominent player in the Aerospace sector, has shown impressive performance in the year-to-date period, outperforming its peers with a 66.6% increase compared to the sectors average of 26.9%. The company, which is part of the Aerospace - Defense Equipment industry, has a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for Elbit Systems full-year earnings has increased by 10.7% in the past quarter, reflecting strong analyst sentiment. The article also mentions GE Aerospace, another strong performer in the sector, with a year-to-date return of 56.1%. Both companies are recommended for investors interested in the Aerospace sector.
growth-positive
War Costs Soar, But Israeli Markets Boom -- What Are Investors Betting On?
Israel has approved a significant defense spending increase of 42 billion shekels ($12.5 billion) over the next two years, in addition to an already substantial military budget for 2024. This move is aimed at maintaining military superiority amid ongoing conflicts in Gaza, Lebanon, Syria, and Iran. The Defense Ministry has signed a new procurement deal for Arrow interceptor missiles. Despite the increased military expenditures, Israels financial targets remain stable due to stronger-than-expected tax revenue. The countrys main equity index and local bonds are performing well, reflecting investor confidence in Israels defense capabilities. Companies like Israel Aerospace Industries and Elbit Systems are benefiting from this confidence.
Partners
growth-negative
Do Options Traders Know Something About Elbit Systems Stock We Don't?
The article discusses the recent activity in the options market for Elbit Systems Ltd., highlighting the high implied volatility of the companys stock options. This suggests that investors are anticipating significant movement in the stock price, potentially due to an upcoming event. Despite the high volatility, no analysts have increased their earnings estimates for the upcoming quarter, and one analyst has revised their estimate downward. Elbit Systems is currently ranked as a Buy in the Aerospace - Defense Equipment industry by Zacks Investment Research. The article suggests that options traders might be looking to sell premium due to the high implied volatility.
Growth-positive
Counter-UAS (C-UAS) Systems Market Research Report 2025-2033 Featuring DeDrone, DroneShield, Elbit Systems, Leonardo, Lockheed Martin, Northrop Grumman, Rafael , RTX , SRC, Thales, Boeing
The article discusses the forecasted trends in Counter-Unmanned Aerial Systems (C-UAS) technology from 2025 to 2033, focusing on geographical markets such as North America, Europe, and Asia-Pacific. It highlights the integration of AI and machine learning in C-UAS systems to enhance detection, tracking, and mitigation of drone threats. The report emphasizes the growing importance of these technologies due to increasing drone warfare and illicit drone use. The C-UAS market is currently in its nascent stage, with significant technological advancements expected to drive market growth. The article also outlines the use of soft-kill and hard-kill techniques in C-UAS systems to neutralize drone threats.
growth-positive
Rafael and Elbit to deliver first operational systems by year-end as defense officials call for urgent funding to replenish interceptors and expand capabilities.
The article discusses the urgent need for Israel to replenish its defense capabilities following a recent conflict with Iran, which saw over 530 ballistic missiles launched at Israel. Rafael and Elbit Systems are set to deliver advanced defense systems, including the Iron Beam laser-based interception system, by the end of the year. The Israeli defense industry is fully mobilized to meet these urgent needs, with deeper integration between the IDF, the Defense Ministry, and defense firms required to maintain Israels technological edge. However, budget constraints and fiscal scrutiny from the Ministry of Finance pose challenges to timely procurement and development of these systems.
Product StagePartners
growth-positive
The Israeli weapons controlling Iranian skies
The article discusses Israels significant advancements in UAV and drone technology, highlighting the role of companies like SpearUAV in the defense sector. SpearUAV, founded in 2017, has expanded its range from the submarine sector to armed systems production, making it unique in the industry. The Israeli government and Ministry of Defense have allocated significant funds to startups in the drones and anti-drone technology sector, indicating a growth-positive impact. The success of Israeli defense companies, such as Elbit Systems and Israel Aerospace Industries, has led to increased international demand for their products. The article also notes the challenges of operational success, such as the risk of exposing capabilities.
Product StageCustomersPartnersInvestment
growth-positive
Israel Ramps Up Iran Attacks, U.S. Sends Ships; Defense Stocks Rise
The article discusses the escalation of military actions by Israel against Iran, which has entered its fifth day. In response, the United States has deployed additional military assets to the region. This geopolitical tension has led to a rise in U.S. defense stocks, indicating a growth-positive impact on the defense sector. The situation highlights the ongoing conflict in the Middle East and its implications for global security and defense markets.
growth-negative
France shuts down Israeli weapons stands at trade fair
The article discusses a diplomatic conflict between France and Israel at the Paris Air Show, where Israeli defense companies like Elbit Systems, Rafael, IAI, and Uvision had their military weapon displays obscured by black screens. This action, allegedly taken by French security services, has been criticized by the Israeli Ministry of Defense as discriminatory and an attempt to protect French industries. The covered displays included crucial components of Israels iron dome defense system. The incident has sparked accusations from Israel of unfair treatment and has been widely reported, highlighting tensions between the two nations.
growth-positive
Buy 4 Low-Beta Stocks VTSI, FNV, ESLT & PM Amid Geopolitical Chaos
The article discusses the potential volatility in the U.S. stock market due to geopolitical tensions between Israel and Iran, as well as uncertainty around the Federal Reserves interest rate decisions. In this volatile environment, the article suggests investing in low-beta stocks as a strategy to mitigate risk. VirTra is highlighted as a promising investment due to its involvement in the U.S. Armys Integrated Visual Augmentation System (IVAS) project, which offers growth opportunities through specialized military training contracts. The U.S. Department of Defenses updated technology procurement approach is expected to further benefit VirTra by securing more military contracts.
Customers
Israel-Iran Attacks Span Fourth Day With No Deal in Sight
The article discusses the escalating conflict between Israel and Iran, which has intensified over the past four days with exchanges of missile and drone attacks. The conflict has resulted in significant casualties, with 224 people killed in Iran and 24 in Israel. The situation poses a risk of a broader regional conflict that could disrupt energy flows and trade routes. Iran faces a dilemma as its options are limited, and its proxy forces have been weakened by Israeli actions. The conflict began when Israel attacked Iranian military and nuclear sites, achieving air superiority and degrading Irans defensive capabilities.
growth-positive
Egypt Leads Mideast Stock Losses as Israel-Iran Conflict Worsens
The article discusses the impact of escalating geopolitical tensions between Israel and Iran on Middle Eastern markets. While most markets in the region experienced declines, Israels stock index managed to erase losses due to a rally in Elbit Systems Ltd., a defense supplier. The conflict has led to the shutdown of Israels largest natural gas field, affecting supplies to Egypt and contributing to a significant drop in Egypts stock index. The situation has increased demand for safe-haven assets like gold and the dollar, amid concerns of further disruptions in oil exports and regional stability.
growth-positive
Israel, Iran trade blows for third day with no sign of letup
The article discusses the ongoing conflict between Israel and Iran, which has escalated with missile attacks and military strikes. Israels defense company, Elbit Systems Ltd., saw a rise in its equities amidst the turmoil, indicating a growth-positive impact for the company. The conflict has affected Middle Eastern stock markets and global energy prices, with concerns about further escalation. The United Nations reported damage to Irans uranium-conversion facility, and Israel has urged Iranians to evacuate areas near weapons-production facilities. The situation poses significant challenges for Iran, which is facing pressure from both military and economic fronts.
growth-positive
Elbit Systems Ltd. (ESLT) Soars to 52-Week High, Time to Cash Out?
Elbit Systems has experienced a significant increase in its stock price, reaching a new 52-week high of $433.18. The companys stock has risen by 67.2% since the start of the year, outperforming the Zacks Aerospace sector and the Zacks Aerospace - Defense Equipment industry. Elbit has consistently surpassed earnings expectations, with its latest earnings report showing an EPS of $2.57, beating the consensus estimate. The company is expected to continue its growth trajectory, with projected earnings and revenue increases for the current and next fiscal years. Despite trading at a premium compared to its peers, Elbits strong earnings revisions have earned it a Zacks Rank of #1 (Strong Buy).
growth-positive
Has Leonardo DRS, Inc. (DRS) Outpaced Other Aerospace Stocks This Year?
Leonardo DRS, Inc., a company in the Aerospace sector, has shown strong performance this year, outperforming its peers with a year-to-date return of 38.2%, compared to the sectors average gain of 19.2%. The company is currently ranked #2 (Buy) by Zacks, indicating a positive earnings outlook. The Zacks Consensus Estimate for DRSs full-year earnings has increased by 0.7% over the past 90 days, reflecting improved analyst sentiment. The Aerospace group, where Leonardo DRS operates, is ranked #1 within the Zacks Sector Rank, highlighting its strength. Investors are advised to keep an eye on Leonardo DRS and Elbit Systems, another strong performer in the sector.
growth-positive
What Makes Elbit Systems (ESLT) a Strong Momentum Stock: Buy Now?
The article discusses Elbit Systems (ESLT), a company involved in defense electronics, highlighting its strong performance as a momentum stock. Elbit Systems currently holds a Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating its potential for continued growth. The companys shares have shown significant price increases over various time frames, outperforming both its industry and the S&P 500. The article emphasizes the importance of momentum investing and how Elbit Systems fits into this strategy, making it an attractive option for investors looking to capitalize on stock trends.
growth-positive
S&P Global Ratings Maalot Raises Elbit Systems' Long Term Rating to "ilAA+" (Local Scale), With a Stable Outlook and Reaffirms Short Term Rating of "ilA-1+" (Local Scale)
Elbit Systems Ltd., a leading global defense technology company, received a rating upgrade from S&P Global Ratings Maalot Ltd., an Israeli rating agency. The long-term rating was raised to ilAA+ with a stable outlook for the companys Series B, C, and D Notes, while the short-term rating was reaffirmed at ilA-1+. This upgrade reflects Elbits strong operating performance and record-high backlog driven by increased demand due to escalating geopolitical conflicts. The company reported $1.9 billion in revenues for the first quarter of 2025 and an order backlog of $23.1 billion. Elbit Systems continues to deliver advanced defense solutions globally, leveraging Israels technology ecosystem.
growth-positive
Elbit Systems Ltd. (ESLT) Secures $330M in Naval Defense Contracts
Elbit Systems Ltd. has secured several naval defense contracts from international customers, including NATO member states, totaling $330 million. These contracts cover a range of naval solutions, highlighting Elbits growing role in enhancing naval capabilities globally. The contracts include electronic warfare solutions, anti-submarine warfare systems, and combat management systems. The companys shares have risen over 54% year-to-date, driven by such high-value contracts. Elbit Systems is recognized for its technological leadership in the defense sector, and these contracts further bolster investor confidence. Despite this success, some investors believe AI stocks may offer higher returns.
Customers
growth-positive
Time to Buy Aerospace Defense Stocks for Higher Highs
The article highlights the strong performance of several aerospace defense stocks, particularly Howmet Aerospace and Safran, which have seen significant gains due to increased global military spending and demand for defense technology. Howmet Aerospace, based in Pittsburgh, has achieved a year-to-date gain of 55%, outperforming the industry average. The company benefits from international expansion across North America, Europe, Australia, China, and Japan. The Zacks Aerospace-Defense Equipment Industry, which includes companies like Astronics, Elbit Systems, and Triumph Group, is also performing well, with Astronics leading with nearly 100% gains this year. The industrys projected EPS growth rate for 2025 is 18.54%, indicating potential for further upside.
growth-positive
Elbit Systems raises $512 million in strategic Nasdaq offering | CTech
Elbit Systems successfully raised $512 million through a public offering on Nasdaq, selling 1.37 million shares at $371 each. Despite a 6.5% drop in after-hours trading, the company maintains a market capitalization of approximately $18 billion. The offering was led by major financial institutions, including Bank of America and J.P. Morgan. This capital raise follows a significant increase in Elbits share price over the past year, driven by strong global demand for defense products and robust sales performance. Elbit reported a first-quarter 2025 net profit of $107 million and a record order backlog of $26 billion, with domestic sales to the Israeli defense establishment being a major growth driver.
PIPE/POCustomers
growth-positive
New Strong Buy Stocks for May 22nd
The article highlights five companies added to the Zacks Rank #1 (Strong Buy) list, indicating a positive outlook for their stocks. Elbit Systems Ltd., a developer of defense and commercial aviation systems, has seen a significant increase in its earnings estimate by 11.5% over the past 60 days. Other companies mentioned include Fortis Inc., MGIC Investment Corporation, Ero Copper Corp., and CoreCard Corporation, all of which have also experienced increases in their earnings estimates. The article suggests that these companies are expected to perform well in the near future, making them attractive investment options.
growth-positive
Why Elbit (ESLT) Might be Well Poised for a Surge
Elbit Systems (ESLT) is experiencing a positive trend in earnings estimates, which has been reflected in its stock price momentum. The companys earnings outlook has been improving, with analysts showing growing optimism about its prospects. The Zacks Rank system, which evaluates stocks based on earnings estimate revisions, has given Elbit a #1 (Strong Buy) rating. This rating is supported by a 16.22% increase in the Zacks Consensus Estimate over the last 30 days, with no negative revisions. Elbit is expected to earn $2.58 per share for the current quarter, a 24.04% year-over-year increase, and $10.70 per share for the full year, a 22.15% increase from the previous year. The stock has risen 5.3% over the past four weeks, indicating potential for further growth.
growth-positive
Elbit Systems Announces the Pricing of Underwritten Public Offering of 1,365,450 Shares
Elbit Systems Ltd. announced a public offering of 1,365,450 ordinary shares at $375 per share, expected to raise approximately $512 million in gross proceeds. The offering is set to close on May 23, 2025, and the shares will be listed on the Nasdaq Global Select Market. The company plans to use the net proceeds for general corporate purposes. BofA Securities, J.P. Morgan, Jefferies, and Morgan Stanley are acting as joint book-running managers, with Barak Capital Underwriting as a placement agent in Israel. The offering is conducted under an effective shelf registration statement filed with the SEC.
PIPE/PO
growth-positive
Elbit Systems Announces Underwritten Public Offering of 1,365,450 Shares
Elbit Systems Ltd. announced a public offering of 1,365,450 ordinary shares, with an option for underwriters to purchase an additional 15% of the shares. The shares will be listed on the Nasdaq Global Select Market. The company plans to use the proceeds for general corporate purposes. BofA Securities, J.P. Morgan, Jefferies, and Morgan Stanley are the joint book-running managers for the offering. The offering is made under an effective shelf registration statement filed with the SEC. This move is expected to positively impact the companys growth by raising capital.
PIPE/PO
growth-positive
Elbit Systems Ltd (ESLT) Q1 2025 Earnings Call Highlights: Record Revenue and Order Backlog ...
Elbit Systems Ltd reported strong financial performance for Q1 2025, with revenues reaching $1,896 million, up from $1,554 million in Q1 2024. The company achieved a record order backlog of $23.1 billion, indicating robust demand for its products. Free cash flow was $161 million, reflecting improved cash management. The land division saw a 48% revenue increase, driven by sales in Israel and Europe. A dividend of $0.60 per share was declared, showcasing financial stability. However, the GAAP gross margin slightly decreased, and financial expenses rose due to hedging and currency fluctuations. Geopolitical developments in Israel could impact future defense spending, posing challenges to maintaining growth.
growth-positive
Elbit Systems (ESLT) Reports a Robust Q1 2025 Amidst Growing Defense Spending
Elbit Systems Ltd. reported a robust fiscal first quarter of 2025, with a 22% year-over-year revenue increase to $1.9 billion, marking its fourth consecutive quarter of double-digit growth. The companys growth is driven by increased global defense spending and regional conflicts, with significant contributions from its Land segment, particularly in ammunition and munition sales in Israel and Europe. The companys order backlog increased by 14% to $23.1 billion, with a substantial portion of orders coming from outside Israel. Despite the positive outlook for Elbit Systems, the article suggests that AI stocks may offer higher returns with less risk.
growth-positive
Elbit: Q1 Earnings Snapshot
Elbit Systems Ltd., a defense electronics company based in Haifa, Israel, reported strong financial results for its first quarter. The company achieved earnings of $107.1 million, translating to a profit of $2.35 per share. Adjusted earnings per share were $2.57, indicating robust financial performance. The companys revenue for the period was $1.9 billion. These results suggest a positive growth trajectory for Elbit Systems, driven by its established position in the defense electronics market.
growth-positive
Elbit Systems Climbs After Israeli Defense Firm Beats Q1 Views
Elbit Systems, an Israeli defense firm, reported strong earnings and faster sales growth for the first quarter, which has positively impacted its share prices. The companys shares are moving back toward their previous highs, indicating a positive market response to the financial results. The article highlights the companys performance in the defense sector, showcasing its ability to generate significant revenue and maintain a strong market position. The positive earnings report suggests a growth-positive outlook for Elbit Systems.
growth-positive
ELBIT SYSTEMS REPORTS FIRST QUARTER 2025 RESULTS
Elbit Systems Ltd., an international high technology defense company, reported strong financial results for Q1 2025, with revenues reaching $1.9 billion, a 22% increase from Q1 2024. The companys order backlog grew to $23.1 billion, up 14% from the previous year. The growth is attributed to increased global demand for defense products, driven by rising defense budgets amid global conflicts. Elbit Systems is expanding its production capacity and optimizing supply chains to meet high demand. The company saw significant revenue increases across various sectors, including aerospace, C4I and Cyber, ISTAR and EW, and land systems, with notable sales in Israel, Europe, and Asia Pacific.
CustomersExpand
growth-positive
As Israel's war in Gaza boosts domestic demand and global conflicts drive record orders, Elbit Systems reports surging profits, and bets on laser weapons to power its next phase of growth.
Elbit Systems, Israels largest defense firm, reported a significant increase in profits for the first quarter of 2025, driven by a surge in domestic and global demand for defense products amid ongoing conflicts. The companys earnings rose to $2.57 per diluted share, with a notable 20% increase in aerospace sales. Elbit is focusing on laser-based systems, such as the Iron Beam, expected to be operational by the end of the year. The companys order backlog has reached $23.1 billion, with a substantial portion from international markets. CEO Bezhalel Machlis emphasized the strategic importance of global expansion and the potential of energy weapons.
Product StageCustomers
growth-positive
Q3 2025 LightPath Technologies Inc Earnings Call
LightPath Technologies Inc has reported significant growth and transformation in its third-quarter fiscal 2025 earnings call. The company has transitioned from being a pure optical component supplier to a vertically integrated global solution provider for infrared imaging technologies. This growth is driven by strategic acquisitions, including G5 Infrared, and the development of new products such as cooled and uncooled infrared cameras. The company is involved in several large defense and commercial projects, including collaborations with Lockheed and L3Harris. LightPath is also expanding its manufacturing capacity, supported by the Department of Defense, to meet the growing demand for its BlackDiamond materials. The company is well-positioned to navigate geopolitical and economic challenges, with a diversified manufacturing footprint and reduced reliance on China.
AcquisitionProduct StageCustomersPartners
growth-positive
S&P 500 Giants Visa, Insulet Lead 5 Stocks Near Buy Points
The article discusses how Visa and Insulet, both part of the S&P 500, are leading a group of five stocks that are near buy points. Visa has surpassed a buy point, while Insulet has made a significant move out of a base, indicating potential growth opportunities for investors. The focus is on these companies stock performance and their positions within the S&P 500 index. The article is likely aimed at investors looking for promising stocks to add to their portfolios.
growth-positive
Elbit Systems To Report First Quarter 2025 Financial Results on May 20, 2025
Elbit Systems Ltd., a global defense technology company, announced it will publish its First Quarter 2025 financial results on May 20, 2025. The company will host a conference call on the same day to discuss these results. Elbit Systems is known for developing and integrating advanced defense solutions and operates in multiple countries worldwide. As of December 31, 2024, the company reported $6.8 billion in revenues and an order backlog of $22.6 billion. The announcement includes forward-looking statements about the companys future performance and strategies, highlighting potential risks and uncertainties. The call will be accessible via live broadcast on the companys website, with a replay available for two days.
growth-positive
Elbit Systems Ltd. (ESLT): Among the Best Military Drone Stocks to Buy Now
The article discusses the growing importance of drones in modern warfare, highlighting Elbit Systems Ltd. as a key player in the military drone sector. The demand for drones has surged due to their effectiveness in intelligence, reconnaissance, surveillance, and target operations. The US Department of Defense is actively investing in drone technology, with initiatives like Replicator and the Collaborative Combat Aircraft program. However, the proliferation of UAVs is seen as a security threat, prompting efforts to counter such threats, exemplified by a $250 million contract awarded to Anduril Industries for drone interceptors. Elbit Systems is positioned positively in this evolving landscape.
growth-positive
Why Elbit Systems Ltd (ESLT) Is Surging In 2025?
Elbit Systems Ltd (NASDAQ:ESLT), a defense tech company, is experiencing significant growth in 2025, driven by a surge in demand within the aerospace industry. The companys Q4 2024 revenue reached $1.93 billion, marking a 19% increase, while net income grew by 71% to $119 million. This performance exceeded analyst expectations and was supported by a backlog of $22.1 billion. The stock has risen by 56.94% year-to-date, ranking second among top-performing aerospace stocks. The article highlights the broader industry trends, including increased global demand for advanced technology and the role of AI in enhancing defense capabilities. Despite Elbits success, the article suggests that certain AI stocks may offer higher returns.
Customers
growth-positive
Is Elbit Systems (ESLT) Among the Best Performing Defense Stocks So Far in 2025?
The article discusses the performance of defense stocks, particularly focusing on Elbit Systems Ltd. amidst global conflicts and fluctuating military spending. Despite potential cuts in U.S. defense expenditure hinted by President Trump, the defense industry remains attractive to investors due to ongoing global threats. Recent developments, such as the unveiling of a new fighter jet and a focus on shipbuilding, have bolstered investor confidence. Analysts like Citis Jason Gursky suggest that defense spending will remain strong, benefiting stocks in this sector. The article highlights the strategic importance of maintaining military capabilities in a competitive global environment.
growth-positive
Why Elbit Systems Ltd. (ESLT) Is Gaining This Week?
The article discusses the positive momentum in defense stocks, particularly highlighting Elbit Systems Ltd. (NASDAQ:ESLT) as a company gaining this week. The unveiling of the F-47 fighter jet by President Trump, intended to replace the F-22, is seen as a significant development for the U.S. defense sector. The initial contract for the F-47 production is expected to cost around $20 billion, which is a boost for the industry amid mixed signals from the Trump administration regarding military spending. The article also mentions increased defense spending in Europe and Asia, with countries like Germany and India ramping up their military budgets. This global trend is contributing to the rise in defense stocks.
growth-positive
Why Elbit Systems Stock Soared 12% Higher This Week
Elbit Systems, a combat drone manufacturer, experienced a significant rise in its share price following the release of its fourth-quarter and full-year earnings. The company reported $1.93 billion in revenue and a 71% increase in non-GAAP adjusted net income, surpassing analyst expectations. Elbits CEO highlighted the companys global contracts and advanced technologies as key factors in its success. The companys order backlog reached $22.6 billion, with a significant portion scheduled for delivery in the coming years. Elbits position in the defense industry, particularly in drone technology, appears strong given current global conflicts.
CustomersProduct Stage
growth-positive
Elbit Systems Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2024
Elbit Systems Ltd., a global defense technology company, announced the filing of its 2024 Annual Report with the U.S. Securities and Exchange Commission, the Israel Securities Authority, and the Tel Aviv Stock Exchange. The report highlights the companys financial performance, with $6.8 billion in revenues and an order backlog of $22.6 billion as of December 31, 2024. Elbit Systems, employing approximately 20,000 people across five continents, continues to develop and integrate advanced solutions to address evolving battlefield challenges. The company emphasizes its commitment to growth and innovation, leveraging Israels technology ecosystem. The press release includes forward-looking statements about the companys future performance and strategies, noting potential risks and uncertainties.
growth-positive
Elbit Systems Ltd (ESLT) Q4 2024 Earnings Call Highlights: Record Revenue and Strong Global Demand
Elbit Systems Ltd reported a 19% increase in fourth-quarter 2024 revenues, reaching $1.930 billion, and a 14% increase for the full year, totaling $6.828 billion. The companys backlog of orders hit a record $22.6 billion, with 65% of orders from outside Israel, indicating strong international demand. Non-GAAP diluted EPS for Q4 2024 was $2.66, up from $1.56 in Q4 2023. Despite a slight decline in gross margins, the company generated a strong free cash flow of $320 million in 2024. Elbit Systems is expanding its production capacity with new facilities in Israel and Europe to meet growing demand. Financial expenses and tax rates increased, impacting net income, but overall, the company shows positive growth.
growth-positive
ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
Elbit Systems Ltd., a high technology defense company, reported strong financial results for the fourth quarter and full year ending December 31, 2024. The company achieved a backlog of orders valued at $22.6 billion and revenues of $6.8 billion. Non-GAAP net income was $392 million, while GAAP net income was $321 million. The company experienced a fourth consecutive quarter of double-digit growth in revenues and backlog year-over-year. Elbit Systems secured significant contracts worldwide, with increased revenues in various sectors such as aerospace, C4I and Cyber, ISTAR and EW, and land systems. The companys global presence and diversified portfolio position it well to capture increasing global defense budgets.
growth-positive
Elbit: Q4 Earnings Snapshot
Elbit Systems Ltd., based in Haifa, Israel, reported a profit of $90 million for its fourth quarter, translating to $2 per share. When adjusted for one-time gains and costs, earnings were $2.66 per share. The defense electronics company posted a revenue of $1.93 billion for the quarter. For the entire year, Elbit Systems reported a profit of $321.1 million, or $7.18 per share, with total revenue reaching $6.83 billion. The financial results indicate a positive growth trajectory for the company.
growth-positive
Is Elbit Systems Ltd. (ESLT) the Top Growing Stock For Trump’s Presidency?
Elbit Systems Ltd. (NASDAQ:ESLT) is highlighted as a top growing aerospace and defense stock during Trumps presidency. Despite recent market volatility, the defense sector is seen as a growth opportunity due to increased global defense spending. Elbit Systems, a developer and supplier of defense and aviation products, has seen its stock rise over 38% year-to-date. The company has a substantial backlog worth $22.1 billion, with significant orders from outside Israel, including a $276 million deal with the Israel Defense Ministry and a $600 million deal with Greece. These factors position Elbit Systems to benefit from ongoing geopolitical tensions and defense spending increases.
CustomersPartners
growth-negative
Three women charged after protesters sprayed paint on insurance giant’s offices
Three women have been charged with criminal damage and aggravated trespass after a protest by Palestine Action targeted Allianz Insurance offices in London. The protesters sprayed red paint on the building and displayed a flag with the message Drop Elbit, referencing alleged links between Allianz and the Israeli defense firm Elbit Systems. Allianz has stated that their operations and services remain unaffected and that they are cooperating with police while planning independent legal action. The incident highlights ongoing tensions and protests against companies perceived to have ties with controversial defense firms.
growth-negative
Pro-Palestine protesters spray red paint on insurance giant’s offices
Pro-Palestine protesters from the group Palestine Action targeted Allianz Insurances offices in London, accusing the company of enabling the production of Israeli weapons by providing insurance to Elbit Systems. The protesters scaled the building, sprayed red paint, and displayed a flag reading Drop Elbit. Allianz has been repeatedly targeted by the group, which demands the company sever ties with the Israeli defense firm. The protest also extended to a Six Nations rugby game, where a drone flew a Palestine flag above Allianz Stadium. Allianz stated that their operations and services remain unaffected and they are working with police to address the situation.
growth-positive
Is Elbit Systems (ESLT) the Best Stock to Buy Right Now?
The article discusses the current state of the stock market, highlighting Elbit Systems Ltd. as one of the best stocks to buy right now. Despite geopolitical tensions and trade wars, the global economy is showing signs of recovery, with a rebound in manufacturing and strong consumer confidence in the US. Merrill Lynch suggests that investors focus on emerging trends and maintain a long-term mindset. The article notes a rotation from growth stocks to value stocks, which are expected to yield healthy returns as the broader economy slows. Morningstar emphasizes the importance of focusing on fundamentals and valuations amid market volatility.
growth-positive
Defense Stocks Rise As Europe Rearms 'Urgently' After Trump-Zelenskyy Clash
European defense stocks, including BAE Systems, saw a significant rise as EU countries committed to increasing military spending. This surge in stock prices occurred in the wake of a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The commitment to boost defense budgets comes as Europe seeks to rearm urgently, reflecting geopolitical tensions and the need for enhanced security measures. U.S.-based defense companies like RTX and General Dynamics also experienced gains, despite broader market challenges.
growth-positive
Elbit Systems Soars to New High with Major Contract Wins
Elbit Systems Ltd., an Israel-based aerospace and defense company, has reached a new high in its stock price at $336 due to its strong performance and recent contract wins. The company secured contracts worth approximately $335 million to supply advanced defense systems to a European country, contributing to investor confidence and enthusiasm for its upcoming financial results. Elbits substantial backlog of $22.1 billion supports its projected double-digit revenue growth, aiming to reach $7 billion by 2025. The companys innovative Iron Beam laser interception system is set to begin operation by November 2025, further enhancing its investment potential. Despite a consistent debt of around $1.5 billion over the past twelve quarters, the new contracts are expected to improve Elbits financial standing.
Customers
growth-positive
Elbit Systems To Report Fourth Quarter and Full Year 2024 Financial Results on March 18, 2025
Elbit Systems Ltd., a leading global defense technology company, announced it will publish its fourth quarter and full year 2024 financial results on March 18, 2025. The company will host a conference call to discuss these results, with management available to answer questions. Additionally, an investor conference will be held in Israel on the same day, streamed live in Hebrew. Elbit Systems, which employs over 20,000 people worldwide, reported approximately $1.7 billion in revenues and an order backlog of $22.1 billion as of September 30, 2024. The event is expected to provide insights into the companys financial performance and strategic direction.
growth-positive
3 Stocks That Investors Might Be Undervaluing By Up To 43.3%
Xian NovaStar Tech Co., Ltd., a company offering LED display control solutions in China, is currently trading significantly below its estimated fair value. With a market cap of CN¥15.80 billion and revenue from its Electronic Components & Parts segment totaling CN¥3.28 billion, the company is expected to grow its earnings and revenue substantially faster than the Chinese market average. Despite a dividend yield of 3.15% that is not well covered by free cash flows, the company shows potential for significant future growth, with forecasted returns on equity and robust profit growth projections.
growth-positive
3 Stocks Estimated To Be Undervalued By Up To 33.5% Offering Investment Opportunities
Fincantieri S.p.A., a major player in the shipbuilding industry, is currently trading at a significant discount to its estimated fair value, suggesting it may be undervalued. The company has a market cap of €2.38 billion and operates in several revenue segments, including Shipbuilding, Offshore and Specialized Vessels, and Equipment, Systems, and Infrastructure. Despite past shareholder dilution, Fincantieri is expected to achieve profitability within three years, with earnings forecasted to grow at an annual rate of 77.82%. Strategic partnerships, such as the one with Lloyds Engineering Works Limited, are expected to enhance its prospects in defense manufacturing and contribute to sustainable growth. The article highlights the potential for Fincantieris financial outlook to improve significantly in the future.
Partners
growth-positive
Elbit Systems Awarded Contracts Worth $175 Million to Supply EW and DIRCM Self-Protection Suites to a NATO European Country
Elbit Systems Ltd. has been awarded two contracts worth approximately $175 million to supply Electronic Warfare (EW) and Directed Infrared Countermeasure (DIRCM) Self-Protection Suites to a NATO European country. These contracts involve the installation of these systems on Embraer C-390 Millenium aircraft and Airbus H225M helicopters. The contracts will be executed over five years and include an agreement with another European country for the delivery of the Advanced EW suite. Elbit Systems is recognized as a leader in Electronic Warfare and DIRCM technology, with its systems installed on over 30 aircraft types across multiple countries. The contracts further reinforce Elbit Systems global position in airborne Self-Protection Suites.
CustomersPartners
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. announced today that it was awarded two contracts with an aggregate value of approximately $175 million for the supply of EW...
Elbit Systems Ltd. has been awarded two contracts worth approximately $175 million to supply Electronic Warfare (EW) and Directed Infrared Countermeasure (DIRCM) Self-Protection Suites to a NATO European country. These contracts involve the installation of these systems on Embraer C-390 Millennium aircraft and Airbus H225M helicopters. The contracts will be executed over five years and include an agreement with another European country for the delivery of the Advanced EW suite. Elbit Systems is recognized as a leader in Electronic Warfare and DIRCM technology, with its systems installed on over 30 aircraft types across multiple countries. This development reinforces Elbit Systems global position in airborne Self-Protection Suites.
Customers
growth-positive
ELBIT SYSTEMS REPORTS THIRD QUARTER 2024 RESULTS
Elbit Systems Ltd., a high technology defense company, reported strong financial results for the third quarter of 2024. The company achieved a record order backlog of $22.1 billion and revenues of $1.7 billion, marking a significant increase from the previous year. Non-GAAP net income was $99 million, while GAAP net income was $79 million. The company experienced growth across various segments, including a 7% increase in aerospace revenues and a 24% increase in land revenues, primarily due to increased sales in Israel. The CEO highlighted the companys commitment to R&D and its ability to meet customer needs globally, attributing the success to the dedication of its employees.
growth-positive
Defense giant doubles local market sales, accelerates production, and eyes record-breaking order backlog. Elbit CEO criticizes French defense policy, calling restrictions “brutal and hypocritical.”
Elbit Systems, a leading defense company, reported significant growth in its local market sales, driven by increased demand from the Israeli Ministry of Defense amid ongoing conflicts in Gaza and Lebanon. The company achieved a 14% year-on-year revenue increase, reaching $1.71 billion, and expanded its order backlog to a record $22.1 billion. Elbit is also expanding its production capabilities, with new facilities in Ramat Beka and Modiin. Despite facing international challenges, such as exclusion from European defense exhibitions due to political tensions, Elbit continues to experience balanced growth across all segments. The company secured a $355 million deal with a European country for UAVs and rocket launchers, further boosting its international sales.
CustomersExpand
growth-positive
Elbit: Q3 Earnings Snapshot
Elbit Systems Ltd., a defense electronics company based in Haifa, Israel, reported a net income of $79.1 million for its third quarter. The company achieved a profit of $1.77 per share, with adjusted earnings of $2.21 per share. Elbit Systems posted a revenue of $1.72 billion for the period. This financial performance indicates a positive growth trajectory for the company, reflecting strong earnings and revenue figures. The report was generated using data from Zacks Investment Research.
growth-positive
Elbit Systems Crushes Q3 Expectations Boosted By Global Defense Demand
Elbit Systems Ltd. reported a strong third-quarter performance, with revenue reaching $1.718 billion, surpassing the consensus estimate of $1.608 billion. The company experienced growth across various segments, including Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America. Despite a slight contraction in the adjusted gross margin, the adjusted EPS rose to $2.21, beating the consensus of $1.86. The companys backlog of orders totaled $22.1 billion as of September-end. Elbit Systems secured significant contracts, including a $335 million deal with a European country and a $200 million contract with the Israeli Ministry of Defense. The company declared a dividend of $0.50 per share. Shares of Elbit Systems increased by 3.77% premarket.
Customers
growth-positive
Elbit Systems Wins $335M European Defense Contracts
Elbit Systems has secured significant contracts valued at approximately $335 million to supply advanced defense systems, such as rocket launchers and unmanned aircraft, to a European country. These contracts underscore Elbit Systems strong reputation in defense technology, providing versatile solutions that reduce costs and enhance operational effectiveness. The projects are expected to be completed over a period of three and a half years, marking a positive growth trajectory for the company. This development highlights Elbit Systems continued expansion in the European defense market.
Customers
growth-positive
Elbit Systems Awarded Contracts Worth Approximately $335 Million to Supply Defense Systems to a European Country
Elbit Systems Ltd. announced that it has secured contracts worth approximately $335 million to supply defense systems to a European country. The contracts include the provision of PULS rocket launchers and Hermes 900 Unmanned Aircraft Systems, which will be delivered over three years and six months. The PULS system offers a versatile solution for launching various munitions, while the Hermes 900 UAS is designed for a wide range of missions. These contracts highlight the trust in Elbit Systems innovative defense solutions and are expected to enhance the companys growth in the European market.
Customers
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded contracts worth a total...
Elbit Systems Ltd. announced that it has secured contracts worth approximately $335 million to supply defense systems to a European country. The contracts involve the provision of PULS rocket launchers and Hermes 900 Unmanned Aircraft Systems, which are equipped with advanced payloads. These contracts will be executed over a period of three years and six months. The PULS system offers a versatile solution for launching various munitions, while the Hermes 900 UAS is designed for a wide range of missions. This development reflects the global trust in Elbit Systems innovative defense solutions and is expected to enhance the companys growth prospects.
Customers
growth-positive
Elbit Systems Secures Major U.S. Army Contract
Elbit Systems has secured a significant $127 million contract to supply Iron Fist Active Protection Systems for the U.S. Army’s Bradley Infantry Fighting Vehicles. This contract is expected to enhance the defense capabilities of these vehicles against modern threats, reinforcing Elbit Systems’ position as a leader in defense technology. The deal highlights the companys strategic growth in the defense sector and its ability to deliver advanced technological solutions. The contract is a positive development for Elbit Systems, potentially boosting its market presence and financial performance.
Customers
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a follow-on contract of...
Elbit Systems Ltd. announced a follow-on contract worth approximately $127 million to supply Iron Fist Active Protection Systems to General Dynamics Ordnance and Tactical Systems for the U.S. Armys Bradley M2A4E1 Infantry Fighting Vehicles. This contract, to be executed over 34 months, highlights the advanced capabilities of Elbits protection systems and strengthens its strategic partnership with GD-OTS. The Iron Fist APS provides comprehensive protection against various anti-tank threats. Elbit Systems, a leading global defense technology company, continues to enhance its customers operational capabilities. The company reported $1.6 billion in revenues and a $21.1 billion order backlog as of June 30, 2024.
CustomersPartners
growth-positive
Elbit Systems Awarded $127 Million Contract to Supply Iron Fist APS for Upgrading U.S. Army's Bradley IFVs
Elbit Systems Ltd. has secured a follow-on contract worth approximately $127 million to supply Iron Fist Active Protection Systems to General Dynamics Ordnance and Tactical Systems for the U.S. Armys Bradley M2A4E1 Infantry Fighting Vehicles. This contract, which will be executed over 34 months, highlights the advanced capabilities of Elbits defense technology. The Iron Fist APS provides comprehensive protection against various anti-tank threats, enhancing the operational capabilities of armored platforms. Elbit Systems, a global leader in defense technology, continues to support the U.S. Armed Forces and other NATO customers with innovative solutions. The companys strategic partnership with GD-OTS underscores its commitment to advancing military technology.
CustomersPartners
growth-positive
Elbit Systems Schedules Third Quarter 2024 Results Release For November 19, 2024
Elbit Systems Ltd., a global defense technology company, announced that it will release its third quarter 2024 financial results on November 19, 2024. The company will host a conference call to discuss these results, providing an opportunity for management to engage with investors and analysts. Elbit Systems reported revenues of approximately $1.6 billion and an order backlog of $21.1 billion as of June 30, 2024. The announcement highlights the companys robust financial standing and its strategic focus on addressing evolving battlefield challenges. The call will be accessible via teleconference and online replay, ensuring broad accessibility for interested parties. The press release also includes forward-looking statements, emphasizing the companys growth strategies and market conditions.
growth-positive
Elbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains
Elbit Systems Ltd. has secured a $200 million contract from the Israeli Ministry of Defense to supply high-power laser systems for the Iron Beam air defense system. This contract includes both the supply of advanced laser technology and ongoing support services. The companys President and CEO, Bezhalel (Butzi) Machlis, highlighted the significance of this development in enhancing defense capabilities. In August, Elbit Systems reported second-quarter revenues of $1.63 billion, surpassing expectations, with an order backlog of $21.1 billion as of June 30, 2024. The companys shares rose by 5.46% following the announcement. This contract is expected to positively impact Elbit Systems growth and market position.
Customers
growth-positive
Elbit Systems Awarded Approximately $200 Million Contract by the Israeli MOD to Supply High-Power Laser for the "Iron Beam" Air Defense System
Elbit Systems Ltd. has been awarded a contract worth approximately $200 million by the Israeli Ministry of Defense to supply high-power laser systems for the Iron Beam air defense system. This contract includes the provision of Elbits high-power laser solutions and ongoing support services. The deal is a significant step forward for Elbit Systems, reinforcing its position as a leader in high-power laser technology and contributing to the advancement of the Iron Beam project. Elbit Systems, a global defense technology company, reported revenues of approximately $1.6 billion and an order backlog of $21.1 billion as of June 30, 2024.
Customers
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded an approximately $200...
Elbit Systems Ltd. announced a significant contract award from the Israeli Ministry of Defense valued at approximately $200 million. The contract involves supplying high-power laser systems for the Iron Beam air defense system, marking a substantial advancement in defense technology. Elbit Systems, a global leader in defense solutions, will provide ongoing support services as part of the contract. This development underscores Elbits role as a key player in high-power laser technology and its contribution to enhancing defense capabilities against various threats. The companys robust order backlog and recent financial performance highlight its strong market position.
Customers
growth-positive
Israeli startups participated alongside veteran defense companies Elbit Systems, IAI, and Rafael to highlight drone interception capabilities.
Israeli defense companies, including Elbit Systems, IAI, and Rafael, participated in trials organized by the Ministry of Defense to demonstrate drone interception technologies. The trials were prompted by a recent Hezbollah drone attack and aimed to find effective interception solutions. Eight companies showcased their systems, with Elbit demonstrating its Iron Hawk system, IAI its Phalcon, and Rafael its Typhoon weapon system. The trials were attended by key defense officials, and the results will lead to the selection of technologies for accelerated development and deployment. The initiative highlights the importance of addressing drone threats, particularly those originating from Iran, and aims to enhance national security through innovative defense solutions.
Partners
growth-positive
/PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) and (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that at its Annual General Meeting of...
Elbit Systems Ltd. announced that all proposals described in the Proxy Statement to shareholders dated August 15, 2024, were approved at its Annual General Meeting of Shareholders held on September 19, 2024. Elbit Systems is a global defense technology company with over 20,000 employees across five continents. As of June 30, 2024, the company reported approximately $1.6 billion in revenues and an order backlog of approximately $21.1 billion. The company emphasized its commitment to addressing evolving battlefield challenges through advanced solutions.
Customers
growth-positive
Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on September 19, 2024
Elbit Systems Ltd. announced that all proposals described in the Proxy Statement to shareholders dated August 15, 2024, were approved at its Annual General Meeting of Shareholders held on September 19, 2024. Elbit Systems is a global defense technology company with over 20,000 employees across five continents. As of June 30, 2024, the company reported approximately $1.6 billion in revenues and an order backlog of approximately $21.1 billion. The approval of the proposals is expected to positively impact the companys growth and strategic direction.
Management Changes
growth-positive
ESLT: Elbit Systems: A Global Leader in Defense and Homeland Security Technologies
Elbit Systems Ltd., a global defense contractor based in Haifa, Israel, has demonstrated strong financial performance and growth, driven by increasing demand for advanced defense and homeland security technologies. The company reported revenues of $5.975 billion in 2023, up 8% from 2022, and continued its momentum into 2024 with Q2 revenues of $1.626 billion. Elbits broad product portfolio and commitment to innovation, supported by significant R&D investments, have positioned it well to meet the evolving needs of its global customer base. Despite challenges posed by regional conflicts, the company has taken proactive measures to address supply chain and staffing issues. Elbits growing order backlog, which reached $17.8 billion by the end of 2023, further supports its positive growth outlook.
CustomersExpand
growth-positive
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5, 2024. The event will feature top executives from over ten companies discussing themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the opportunity to meet with management in one-on-one settings. The symposium aims to provide valuable insights and networking opportunities for industry stakeholders.
growth-positive
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th, 2024. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the opportunity to meet with management in one-on-one settings. The symposium aims to provide insights into the industrys future and foster potential partnerships.
Partners
growth-positive
Curtiss-Wright Corporation (CW) Hits Fresh High: Is There Still Room to Run?
Curtiss-Wright (CW) shares have surged by 10.6% over the past month, hitting a new 52-week high of $310.72. The company has shown a strong record of positive earnings surprises, beating consensus estimates in the last four quarters. For the current fiscal year, Curtiss-Wright is expected to post earnings of $10.47 per share on $3.04 billion in revenues, representing an 11.62% change in EPS and a 6.91% change in revenues. The stock has a Zacks Rank of #2 (Buy) and a VGM Score of B, indicating potential for further gains. The Aerospace - Defense Equipment industry, to which Curtiss-Wright belongs, is performing well, adding to the positive outlook.
growth-positive
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5, 2024. The event will feature top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential in the Aerospace and Defense industry. Attendees will have the opportunity for one-on-one meetings with management. The symposium aims to provide insights and networking opportunities for industry stakeholders.
growth-positive
ELBIT SYSTEMS REPORTS SECOND QUARTER 2024 RESULTS
Elbit Systems Ltd. reported a 12% year-over-year increase in revenues for Q2 2024, totaling $1.6 billion. The company also saw a rise in net income and earnings per share. The ongoing Swords of Iron war has led to increased demand for Elbits products from the Israel Ministry of Defense, although some operations have faced disruptions. Recent contracts worth hundreds of millions of dollars were awarded, further boosting the companys growth prospects. The companys order backlog stands at $21.1 billion. Elbit Systems is taking measures to ensure business continuity and support increased production.
CustomersExpand
Growth-Positive
Elbit Systems Second-Quarter Results Rise on Strong Demand
Elbit Systems has reported a rise in its second-quarter results due to strong demand. Further details are not provided in the text.
Growth-Positive
Elbit: Q2 Earnings Snapshot
Elbit Systems Ltd. reported earnings of $78.4 million in its second quarter. The Haifa, Israel-based company had a net income of $1.76 per share. After adjusting for non-recurring costs, earnings came to $2.08 per share. The company, which manufactures defense electronics, posted revenue of $1.63 billion in the period.
Investment
growth-positive
Elbit Systems (ESLT) Q2 Earnings and Revenues Surpass Estimates
Elbit Systems reported quarterly earnings of $2.08 per share, surpassing the Zacks Consensus Estimate of $1.77 per share. This represents an earnings surprise of 17.51%. The company, which operates in the Aerospace - Defense Equipment industry, posted revenues of $1.63 billion for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 3.31%. This is a growth from year-ago revenues of $1.45 billion. Despite the positive earnings report, Elbit shares have lost about 10.9% since the beginning of the year.
Investment
Growth-Negative
CAE (CAE) Meets Q1 Earnings Estimates
CAE reported quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate, compared to earnings of $0.18 per share a year ago. The company posted revenues of $783.87 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.24%. However, CAE shares have lost about 23.8% since the beginning of the year. The companys earnings outlook is unfavorable, with the current status translating into a Zacks Rank #5 (Strong Sell) for the stock.
growth-positive
Elbit Systems Awarded $130 Million Contract to Supply Iron Fist APS to BAE Systems Hägglunds for a European Country
Elbit Systems Ltd. has been awarded a contract worth approximately $130 million to supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds. The systems will be installed on the CV90 Infantry Fighting Vehicle (IFV) as part of a project for a European country. The contract will be performed over a period of five and a half years. The Iron Fist APS is an advanced Hard Kill system aimed at enhancing the self-defense capabilities of armored platforms against modern battlefield threats.
CustomersPartners
growth-positive
Elbit Systems Awarded Approximately $270 Million Contract to Supply Rocket Artillery for an International Customer
Elbit Systems Ltd. has been awarded a contract worth approximately $270 million to supply rocket artillery to an international customer. The contract will be performed over a period of 4 years. Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. The company employs over 19,000 people in dozens of countries across five continents.
Customers
growth-positive
Elbit Systems Awarded a Contract of Approximately $340 Million for the Supply of Ammunition to the Israeli Ministry of Defense
Elbit Systems Ltd. has been awarded a contract worth approximately $340 million by the Israeli Ministry of Defense (IMOD) for the supply of ammunition. The contract is set to be fulfilled over a 10-year period. As part of the contract, Elbit Systems will establish a manufacturing facility to produce the ammunition. The companys CEO, Bezhalel Machlis, expressed gratitude to the IMOD for their trust in Elbit Systems management and employees.
CustomersExpand
growth-positive
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5, 2024. The conference will draw top executives from over ten companies, focusing on themes such as strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting.
CustomersPartners
growth-positive
Elbit Systems Awarded Approximately $190 Million Contract to Supply Iron Sting Guided Mortar Munition to the Israeli Ministry of Defense
Elbit Systems Ltd. has been awarded a contract worth approximately $190 million to supply its Iron Sting laser and GPS-guided mortar munition to the Israeli Ministry of Defense. The contract will be performed over a period of 2 years. Iron Sting is a precision-guided mortar munition, launched from a 120mm mortar, designed to accurately target and destroy objectives, utilizing both immune GPS and laser guidance technology. It has a range of up to 10 kilometers.
CustomersInvestment
Neutral
Elbit Systems Schedules Second Quarter 2024 Results Release For August 14, 2024
Elbit Systems Ltd., a global defense technology company, has announced that it will release its second quarter 2024 financial results on August 14, 2024. The company will host a conference call to review and discuss the results. In 2023, Elbit Systems reported approximately $6.0 billion in revenues and an order backlog of $17.8 billion. The company employs approximately 19,000 people in dozens of countries across five continents.
None
growth-positive
The Zacks Analyst Blog Highlights The Gap, Abercrombie & Fitch, Duolingo, Paycom Software and Elbit Systems
Zacks.com has highlighted five mid-cap stocks with strong potential for the rest of 2024. These include The Gap Inc., Abercrombie & Fitch Co., Duolingo Inc., Paycom Software Inc., and Elbit Systems Ltd. These stocks have seen positive earnings estimate revisions in the last 60 days and each sports a Zacks Rank #1 (Strong Buy). The companies have shown strong financial performance and growth despite various market conditions, and are expected to provide handsome returns for investors.
Investment
growth-positive
5 Must-Buy Mid-Cap Stocks With Strong Near-Term Potential
The article discusses the performance of U.S. stock markets and highlights five mid-cap stocks that have strong potential for the rest of 2024. These include The Gap Inc., Abercrombie & Fitch Co., Duolingo Inc., Paycom Software Inc., and Elbit Systems Ltd. The companies have seen positive earnings estimate revisions in the last 60 days and are expected to yield handsome returns for investors. The article also discusses the benefits of investing in mid-cap stocks and provides a brief overview of each companys recent performance and growth prospects.
Investment
The Zacks Analyst Blog Highlights Elbit, AerSale, AAR, HEICO and Curtiss-Wright
Top 5 Aerospace Defense Equipment Stocks for Second-Half 2024
Best Value Stocks to Buy for June 21st
Elbit (ESLT) Upgraded to Strong Buy: Here's What You Should Know
S&P Global Ratings Maalot Reaffirms Elbit Systems' Long Term Rating of "ilAA" (Local Scale), With a Stable Outlook and Short Term Rating of "ilA-1+" (Local Scale)
Down -7.54% in 4 Weeks, Here's Why You Should You Buy the Dip in Elbit (ESLT)
ELBIT SYSTEMS REPORTS FIRST QUARTER 2024 RESULTS
Elbit Systems Delivers Higher First-Quarter Results as Order Backlog Surpasses $20 Billion
Elbit Systems Awarded a Contract of Approximately $260 Million by an International Customer
Elbit Systems Awarded a Group of Contracts in an Aggregate Amount of Approximately $760 Million for the Supply of Ammunitions to the Israeli Ministry of Defense
The 3 Most Undervalued Robotics Stocks to Buy in May 2024
Scotiabank's fund unit halved stake in Israeli weapons maker Elbit, filing shows
growth-negative
Climate and pro-Palestinian activists target Barclays AGM
Climate activists and pro-Palestinian protesters held a demonstration outside the Barclays AGM, urging the bank to divest from companies supplying arms and military technology to Israel and from fossil fuels. The protest was attended by various groups including Extinction Rebellion, Gaza Genocide Emergency Committee, and Scottish Palestine Solidarity Campaign. Barclays responded by stating that it trades in shares of listed companies in response to client instruction or demand, and that it is not a shareholder or investor in these companies. The bank also stated that it has policies on climate change, human rights and the defence and security sector.
CustomersPartners
Neutral
Protests should be banned near UK defence and energy sites, review concludes
The article from Financial Times discusses a UK-government commissioned review suggesting that activists should be banned from holding protests near defence manufacturing and energy sites. However, the full content of the article is not accessible without a Silver or Gold subscription plan to Financial Times.
growth-positive
Elbit Systems Awarded Approximately $53 Million Contract to Supply Crossbow Unmanned Turreted Mortar Systems for a European Customer
Elbit Systems Ltd. has been awarded a contract worth approximately $53 million to supply the Crossbow Unmanned Turreted 120mm Soft Recoil Mortar Systems to General Dynamics European Land Systems (GDELS). The systems will be installed on the Pandur 6x6 APC wheeled armored vehicle for a European customer. This is the first contract for the Crossbow since its unveiling in 2023. The contract will be performed over a period of six years.
CustomersPartners
Neutral
Elbit Systems Schedules First Quarter 2024 Results Release For May 28, 2024
Elbit Systems Ltd., a global defense technology company, has announced that it will release its first quarter 2024 financial results on May 28, 2024. The company will host a conference call to review and discuss the results. In 2023, Elbit Systems reported approximately $6.0 billion in revenues and an order backlog of $17.8 billion. The company employs approximately 19,000 people in dozens of countries across five continents.
growth-positive
Elbit Systems Awarded $37 Million Contract to Supply Iron Fist APS for Upgrading U.S. Army's Bradley IFVs
Elbit Systems Ltd has been awarded a contract worth approximately $37 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades to the U.S. Armys Bradley M2A4E1 Infantry Fighting Vehicles (IFVs). The contract will be performed over a period of 24 months. The Iron Fist APS is an advanced Hard Kill system aimed at enhancing the self-defense capabilities of armored platforms against modern battlefield threats.
CustomersPartners
growth-negative
How Barclays became a lightning rod for Gaza activists
Barclays is facing protests from pro-Palestinian campaigners over its perceived support for Israel’s conflict in Gaza. The bank is accused of bankrolling defence and military companies that supply weapons to the Israeli army. The Palestine Solidarity Campaign (PSC) has organised a mass account closure for Barclays customers, scheduled for May 9 to coincide with the bank’s AGM. According to the PSC, Barclays is “complicit” in Israel’s attacks on Gaza’s civilian population because it holds £1.6bn worth of shares in, and provides £3bn of loans to, military companies that make technology used in Israel’s Gaza operations.
CustomersInvestment
growth-positive
Elbit Systems Awarded Approximately $50 Million Contract for a New Air Defense System by an International Customer
Elbit Systems Ltd. has been awarded a contract worth approximately $50 million for its new air defense system, Red Sky, by an international customer. The contract will be executed over a period of 2 years. The Red Sky is a Tactical Very Short-range Air Defense (VSHORAD) System designed to provide protection against low-altitude aerial threats. As part of the contract, Elbit Systems will supply two Red Sky batteries, offering a comprehensive solution that integrates both soft-kill and hard-kill defense capabilities.
Customers
Neutral
Elbit Systems Announces a Postponement of its Extraordinary General Meeting of Shareholders
Elbit Systems Ltd. announced that its Extraordinary General Meeting of Shareholders, which was scheduled for April 18, 2024, has been further postponed to allow the company time to consider additional comments received from the market. The new date and time of the postponed meeting will be published by the company in due course. Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security, and commercial programs throughout the world.
Management Changes
growth-positive
Sharpen Your Defense: 3 Military Stocks Guarding Your Wealth
The ongoing global military conflicts and increased defense spending by countries are proving beneficial for defense contractors and military stocks. Israeli defense firm Elbit Systems, RTX, and Northrop Grumman are among the companies expected to see significant growth. Elbit Systems missile defense system has shown impressive performance, and the company is likely to see an increase in orders and revenue. RTX reported strong financial results with a 10% increase in revenue last quarter. Northrop Grummans backlog reached a record $84 billion at the end of last year. The companies stocks are considered good investment options amid the current global scenario.
CustomersInvestment
Neutral
Elbit Systems Announces Amendment to the Company's Proxy Statement
Elbit Systems Ltd. has announced that it will revise its amended compensation policy and the amended employment agreement for its CEO, Mr. Bezhalel Machlis. The maximum annual bonus for the CEO will be reduced from $3,000,000 to $2,500,000. The company has also postponed its Extraordinary General Meeting of Shareholders, originally scheduled for April 9, 2024, to April 18, 2024, to allow shareholders more time to consider these changes. The company has not made any other modifications to the amended compensation policy and the amended employment agreement.
Management Changes
Growth-Positive
Elbit Systems Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023
Elbit Systems Ltd. has filed its annual report for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission, the Israel Securities Authority, and the Tel Aviv Stock Exchange. The report, which can be viewed or downloaded from the companys website, reveals that the company reported approximately $6.0 billion in revenues and an order backlog of $17.8 billion in 2023. Elbit Systems is a leading global defense technology company that employs approximately 19,000 people across five continents.
Public Trading
growth-positive
Company News for Mar 27, 2024
Shares of McCormick & Company, Incorporated and Elbit Systems Ltd. surged after both companies reported earnings per share that surpassed the Zacks Consensus Estimate. Krispy Kreme, Inc. saw a significant increase in its shares after announcing that its donuts will be sold across McDonalds Corporation’s restaurants by the end of 2026. Tesla, Inc.’s shares also increased after CEO Elon Musk launched a one-month trial of its Full Self-Driving for existing and new customers.
CustomersPartners
growth-positive
Elbit Systems Ltd. (NASDAQ:ESLT) Q4 2023 Earnings Call Transcript
Elbit Systems Ltd. reported its Q4 2023 earnings, showing resilience and commitment to supporting the IDFs efforts during the current war and delivering to customers worldwide. The companys order backlog grew to almost $18 billion, reflecting significant investments by customers to upgrade and expand their armed forces. The company also reported a write-off of $52 million non-cash expenses related to the closing of an under-performing subsidiary. The companys revenues for 2023 were approximately $6 billion, up from $5.5 billion in 2022. The company also announced management changes, with responsibility for investor relations moving to CFO Kobi Kagan.
CustomersManagement ChangesInvestment
Growth-Positive
UPDATE 1-Israeli defence company Elbit boosted by war in Gaza
Israeli defence electronics company Elbit Systems reported an increase in sales for the fourth quarter, driven by higher ammunition sales to Israel during its conflict with Hamas. Despite a 8% decrease in quarterly earnings due to one-off charges, revenue rose to $1.6 billion from $1.5 billion. The company, which makes 80% of its sales outside Israel, reported an increase in its order backlog to $17.8 billion in 2023, up from $15.1 billion in 2022. Elbit expects to hire 2,000 more employees in 2024, after expanding its workforce by 1,000 in 2023.
CustomersExpand
growth-negative
Elbit Systems (ESLT) Beats Q4 Earnings and Revenue Estimates
Elbit Systems reported quarterly earnings of $1.56 per share, surpassing the Zacks Consensus Estimate of $1.38 per share. However, this is lower than the earnings of $1.68 per share a year ago. The company, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.63 billion for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 6.61%. This compares to year-ago revenues of $1.51 billion. Despite the earnings beat, Elbit shares have lost about 4.3% since the beginning of the year.
Customers
growth-positive
ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Elbit Systems Ltd., an international high technology defense company, reported its consolidated results for the fourth quarter and full year ended December 31, 2023. The company reported a backlog of orders at $17.8 billion and revenues of $6.0 billion. The companys CEO, Bezhalel Machlis, stated that the significant increase in the order backlog in 2023 highlights the relevance of Elbit Systems portfolio of advanced technological and operationally proven solutions. The company also reported that it has experienced a material increased demand for its products and solutions from the Israel Ministry of Defense due to the ongoing Swords of Iron War.
CustomersInvestment
growth-positive
Elbit Systems Awarded Approximately $300 Million Contract to Supply Defense Solutions for an International Customer
Elbit Systems Ltd. has announced that it has been awarded a contract worth approximately $300 million to supply defense solutions to an international customer. The contract will be performed over a period of ten years. The company is a global leader in defense technology, delivering advanced solutions that address the requirements of the modern battlefield. Elbit Systems operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions.
CustomersInvestment
Scotiabank Cuts Stake in Israeli Defense Firm Elbit as War Drags On
growth-negative
אלביט מערכות תפריש 52 מיליון דולר על סגירת חברה בת כושלת
Elbit Systems is expected to make a non-cash charge of $52 million in the fourth quarter of 2023 due to the closure of a failing subsidiary that Elbit Systems describes as having little synergy with the company. Last week, Elbit received an order worth $600 million to supply systems to a South Korean company for a project in Australia.
Customers
Growth-Negative
Elbit Systems Reports Impact on its Fourth Quarter 2023 Financial Results Due to Non-Cash Expenses
Elbit Systems Ltd. has announced that it expects to record non-cash expenses of approximately $52 million in the fourth quarter of 2023. These expenses are related to the write-off of inventory due to the closing of an underperforming subsidiary and of contract assets related to a discontinued project managed under the subsidiary. The overall impact of these expenses on the companys financial results for the fourth quarter and full year 2023 will be included in the companys earnings release, which is planned to be released in March 2024.
Layoffs
growth-positive
Mercury (MRCY) to Supply Electronic Warfare Training Subsystems
Mercury Systems has secured a five-year contract worth $243.8 million from the U.S. Navy to supply electronic attack training subsystems. The company will leverage its Mercury Processing Platform to provide jamming and electronic warfare capabilities to U.S. pilot training organizations. The contract also includes ongoing engineering services to continuously update the systems threat library. Additionally, Mercury recently signed a three-year subcontract worth $96 million with Raytheon to deliver high-performance signal processing subsystems for the U.S. Armys Lower Tier Air and Missile Defense Sensor.
CustomersPartners
growth-positive
Europe becomes Elbit Systems' main sales region
Elbit Systems, an Israeli defense electronics company, has reported two major contracts in Europe and Australia, totaling $900 million. Between August 2023 and February 2024, the companys contracts amounted to almost $2.3 billion. The company has also won several contracts from Israel’s Ministry of Defense. Elbit Systems has been hiring hundreds of employees to meet the increased demand due to the war that broke out on October 7. The company is prepared to meet delivery times for a growing range of customers around the world. The companys revenue from Europe grew by 54.8%, to $1.3 billion, in the first three quarters of 2023, making Europe its main revenue source.
CustomersExpand
growth-positive
Elbit Systems Awarded an Approximately $600 Million Contract to Supply Systems for the Redback IFV Under the Australian Land 400 Phase 3 Project
Elbit Systems Ltd. has been awarded a contract worth approximately $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. The project aims to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles for the Australian Army. The contract will be performed over a period of five years.
CustomersInvestment
Neutral
Elbit Systems Schedules Fourth Quarter & Full Year 2023 Results Release for March 26, 2024
Elbit Systems Ltd. has announced that it will be releasing its fourth quarter and full year 2023 financial results on March 26, 2024. The company will host a conference call on the same day to review and discuss the results. In addition, Elbit Systems will host an investor conference in Israel, which will be streamed live in Hebrew with a simultaneous English translation. The company is engaged in a wide range of defense, homeland security and commercial programs throughout the world.
growth-positive
Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter
Collins Elbit Vision Systems (CEVS), a joint venture between Collins Aerospace and Elbit Systems of America, has announced the delivery of its 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter. The HMDS is the world’s most advanced helmet-mounted display system, providing pilots with vital flight, tactical and sensor information. This milestone comes five months after CEVS unveiled Zero-G HMDS+ for 6th generation fighter aircraft. The company has provided over 20,000 systems to warfighters and logged more than 1 million flight hours on 40 different fighter aircraft platforms.
Partners
growth-positive
Israeli defence firms make air show return, tight-lipped on Gaza war
Israels defense industry marked its presence at the Singapore Airshow, after being largely absent from the Dubai air show due to the Israel-Hamas war. The Israeli ministry of defense and 11 of its defense contractors, including Israel Aerospace Industries (IAI), Rafael Advanced Defense Systems, and Elbit Systems, attended Asias largest aerospace and defense gathering. Despite criticism and protests over Israels military campaign in Gaza, the war did not dampen the appetite for Israels missiles, spy gear, and aerial drones, according to two Israeli industry officials.
CustomersPartners
growth-positive
Elbit Systems Awarded a $300 Million Contract to Supply Armored Vehicle Systems to a European Customer
Elbit Systems Ltd. has been awarded a contract worth approximately $300 million to supply weapon, reconnaissance, driving, and situational awareness systems for around 230 armored vehicles to a European customer. The contract, which will be carried out over a period of six years, includes custom design, production, lifecycle maintenance, and complete in-country support. The deal highlights Elbit Systems leadership in the armored vehicle market and the high level of customer satisfaction with its systems and solutions.
CustomersExpand
Growth-Positive
Elbit Systems lands $300 million contract to supply armored vehicle systems to European customer | CTech
Israeli defense company Elbit Systems has secured a contract worth approximately $300 million to supply weapon, reconnaissance, driving, and situational awareness systems for around 230 armored vehicles to a European customer. The contract, which includes custom design, production, lifecycle maintenance, and complete in-country support, will be carried out over a six-year period. This is Elbits first major international deal announced in 2024. The company has been actively supplying the IDF amid the war with Hamas in Gaza. Elbits sales during the first nine months of 2023 grew by almost 9% compared to the same period last year, reaching approximately $4.3 billion.
CustomersExpand
growth-negative
Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
Japanese trading firm Itochu has announced it will end its partnership with Israeli defense company Elbit Systems due to the war in Gaza. The decision follows a January ruling by the International Court of Justice and guidance from Japans Foreign Ministry. Itochu Aviation, Elbit Systems, and Nippon Aircraft Supply signed a cooperation agreement in March 2023, months before the war broke out. Itochu has faced protests in Tokyo and calls for boycotts in Malaysia over its partnership with Elbit.
Partners
growth-negative
Japan's Itochu severs ties with Elbit amid Gaza war | CTech
Itochu Corps unit, Itochu Aviation, will terminate its strategic cooperation with Israeli defense company Elbit Systems by the end of February 2023 due to the war in Gaza. The decision comes after the World Court ordered Israel to prevent acts of genocide against Palestinians. The partnership, which also includes Nippon Aircraft Supply, was initially established in March 2023 for importing defense equipment for Japans Self-Defense Forces. Itochu also reported a 10.3% drop in net profit for April-December due to lower prices of coal and pulp and smaller gains from energy trading.
PartnersManagement Changes
growth-negative
Bear Of The Day: Elbit Systems (ESLT)
Elbit Systems, a defense and homeland security company, has seen its earnings estimates slide lower recently, following a year with four misses of the Zacks Consensus Estimate. This has led to the stock being ranked as a Zacks Rank #5 (Strong Sell). The companys current fiscal year (2023) consensus number moved lower from $6.90 to $6.30 over the last 60 days. The next year moved from a gain of $7.75 to $6.60 over the same period. This negative movement in earnings estimates is the reason for the stocks low ranking.
Management Changes
growth-positive
Stronghold Digital Mining and Elbit Systems have been highlighted as Zacks Bull and Bear of the Day
Stronghold Digital Mining, a vertically integrated crypto asset mining company, has seen a surge in its stock prices in December as investors anticipate the approval of Bitcoin ETFs. The company, which mines Bitcoin to fund its operations, is expected to benefit from the halving of Bitcoin in April. The companys stock price more than doubled in December, and despite a recent dip, those who have waited for a pullback now have a chance to see their investment prosper. The company has a history of beating the Zacks Consensus Estimate, with three beats and one miss over the last year.
Investment
growth-positive
Taking Off? 3 Top Drone Maker Stock Picks for 2024
The article discusses the increasing use of drones in warfare and potential future use in e-commerce delivery. It highlights three companies: Kratos Defense & Security Solutions, AeroVironment, and Elbit Systems, which are making significant strides in the drone industry. Kratos recently received a deal worth up to $579 million to work on command-and-control systems for Space Force’s satellites and sold two advanced jet drones to the Pentagon. AeroVironments Switchblade 600 tactical missile system is gaining popularity with multiple armed forces. Elbit Systems, based in Israel, is earning significant revenue by selling drones to European countries and has secured a series of contracts from the Israel Ministry of Defense.
CustomersInvestment
growth-positive
Elbit Systems Awarded Contracts from the Israel Ministry Of Defense in an Aggregate Material Amount
Elbit Systems Ltd. has announced a series of contracts awarded by the Israel Ministry of Defense (IMOD) since the beginning of the Swords of Iron War. The aggregate amount of these contracts is significant to the company. Elbit Systems has experienced a substantial increase in demand for its solutions from the IMOD compared to routine levels. Depending on future developments, this increased demand may continue and could generate additional orders for the company.
Customers
growth-negative
Elbit Systems Ltd. (NASDAQ:ESLT) Q3 2023 Earnings Call Transcript
Elbit Systems Ltd. reported its Q3 2023 earnings, missing expectations with a reported EPS of $1.65, compared to the expected $1.7. The companys revenues increased by 11% to $1.52 billion, compared to $1.34 billion in Q3 2022. The companys backlog of orders as of September 30, 2023, was $16.6 billion, approximately $1.9 billion higher than the backlog at the end of the third quarter of 2022. The company also discussed the impact of the war in Israel on its operations and financial results.
Customers
growth-negative
Company News for Nov 29, 2023
Elbit Systems Ltd.s shares declined by 2.2% after the company reported its Q3 2023 earnings, which missed the Zacks Consensus Estimate. Avidity Biosciences, Inc.s shares surged by 14.9% after the company announced its expanded cardiovascular collaboration with Bristol Myers Squibb Co. Zscaler, Inc.s shares gained 1% after the company reported its Q1 2024 non-GAAP earnings, surpassing the Zacks Consensus Estimate. Seadrill Limiteds shares jumped by 5.6% after the company reported its Q3 2023 earnings, outpacing the Zacks Consensus Estimate.
CustomersPartners
growth-positive
Elbit Systems of America Awarded an ID/IQ Contract With a Ceiling of $500 Million for the Supply of Squad Binocular Night Vision Goggles to the U.S. Marine Corps
Elbit Systems Ltd. announced that its U.S. subsidiary, Elbit Systems of America, has been awarded a contract by the U.S. Department of Defense. The indefinite delivery/ indefinite quantity (ID/IQ) contract, which has a maximum ceiling of $500 million, is for the supply of Squad Binocular Night Vision Goggle (SBNVG) systems, spare and repair parts, contractor logistics supports, and test article refurbishment. The work under the contract will be performed in Roanoke, Virginia, and is expected to be completed in 2028.
CustomersInvestment
growth-positive
Israeli defence firm Elbit Q3 profit up, ramps up production for war
Israeli defence electronics firm Elbit Systems reported an increase in quarterly profit and a boost in production to supply Israels military during the countrys war with Hamas. The companys Q3 earnings were $1.65 per diluted share, up from $1.40 a year earlier. However, due to higher interest rates, financial expenses rose to $35.7 million from $16.4 million a year earlier. Revenue rose to $1.5 billion from $1.35 billion, with aerospace revenue up 24%. The companys backlog of orders reached $16.6 billion, 75% of which comes from orders outside Israel.
Customers
growth-negative
Exclusive-Canada's Scotiabank asks group to end campaign seeking Elbit divestiture
Bank of Nova Scotia has asked advocacy group Eko to end a campaign demanding the bank divest from Israel-based weapons manufacturer Elbit Systems. The campaign, which accuses Scotiabank of being the biggest foreign shareholder in Elbit, has led to protests at the banks branches and disruptions to its services. Scotiabanks 1832 Asset Management mutual fund is the third-largest shareholder in Elbit with a 5.04% stake. The bank has denied being the biggest shareholder of Elbit and stated that shares in Elbit are held by mutual funds managed by its asset management arm.
CustomersPartners
Growth-Negative
Elbit Systems (ESLT) Misses Q3 Earnings Estimates
Elbit Systems reported quarterly earnings of $1.65 per share, missing the Zacks Consensus Estimate of $1.71 per share. This is compared to earnings of $1.40 per share a year ago. The company, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.5 billion for the quarter ended September 2023, surpassing the Zacks Consensus Estimate by 6.19%. This compares to year-ago revenues of $1.35 billion. Elbit shares have added about 29.5% since the beginning of the year. The companys earnings outlook and the outlook for the industry will have a material impact on the performance of the stock.
growth-positive
ELBIT SYSTEMS REPORTS THIRD QUARTER 2023 RESULTS
Elbit Systems Ltd. reported strong financial results for Q3 2023, with revenues of $1.5 billion and a backlog of orders totaling $16.6 billion. The company saw significant growth in various segments, including aerospace and C4I and Cyber. The recent outbreak of war in Israel has led to increased demand from the Israel Ministry of Defense, prompting Elbit Systems to ramp up production and recruit additional employees. Despite some operational disruptions, the company remains confident in meeting its long-term plans. The company also announced several new contracts and partnerships, further bolstering its growth prospects.
CustomersPartnersExpand
growth-positive
UPDATE 2-Israeli defence firm Elbit ramps up output to meet demand for war
Israeli defence electronics firm Elbit Systems has increased supplies to Israels military due to the countrys war with Hamas militants, resulting in higher quarterly profit. The company has been working round the clock to meet the increased demand from Israels military and other customers. Despite 15% of its workforce being called for reserve duty, Elbit has managed to maintain its supply chain. The companys third-quarter earnings were $1.65 per diluted share, up from $1.40 per share a year earlier. Elbits orders backlog reached $16.6 billion, up nearly $2 billion over the past year.
CustomersManagement Changes
growth-positive
Lockheed (LMT) Wins Contract to Support AEGIS Combat System
Lockheed Martin Corp.s business segment, Rotary and Mission Systems, has been awarded a $30.5 million contract modification for the AEGIS combat system by the Naval Sea Systems Command. The contract includes capability package development and fielding, system integration and fielding, and in-service sustainment services for the AEGIS combat system. The contract is expected to be completed by December 31, 2024. The increasing global defense budget and the growing naval combat system market are expected to contribute to Lockheed Martins growth.
CustomersExpand
Growth-Negative
Israel weapons makers leave stands empty at Dubai Airshow
The exhibition stands of Israeli weapons manufacturers Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems were empty at the start of the Dubai Airshow, amid the ongoing Israel-Hamas war. The reason for the absence of staff was not immediately clear. An exhibition stand for the UAE-registered company of Israels Elbit Systems was staffed. The UAE intends to maintain diplomatic ties with Israel despite international outcry over the war in Gaza. Israeli companies have openly participated in UAE exhibitions since 2020, following the establishment of diplomatic ties under the U.S.-brokered Abraham Accords.
Partners
Growth-Negative
Pro-Palestine activists shut down BAE factory
Around 50 pro-Palestinian protesters blocked entrances of a BAE Systems defence factory in Kent, UK, calling for an end to arms sales to Israel. The protesters held signs saying Stop Arming Israel and chanted slogans. BAE Systems, Britains largest weapons maker, supplies the US-made F-35 fighter jets used in the Gaza conflict. The company stated it does not directly export equipment to Israel and operates under strict regulation. The factory, which employs 1,500 people, has been developing weapons for fighter planes for over 60 years. Campaigners estimate the value of components supplied by BAE Systems to Israel could be worth more than £300m since 2016.
CustomersPartners
Neutral
Elbit Systems Schedules Third Quarter 2023 Results Release For November 28, 2023
Elbit Systems Ltd. has announced that it will be releasing its third quarter 2023 financial results on November 28, 2023. The company will host a conference call on the same day to review and discuss the results. The call will also be broadcast live on Elbit Systems website and an online replay will be available from 24 hours after the call ends. Investors will also be able to dial a replay number to listen to the call for two days following the call.
growth-positive
3 Top Defense Stocks for Dividend Growth Investors
The article discusses the potential growth of three defense companies - Elbit Systems, Huntington Ingalls, and Booz Allen Hamilton - in light of increasing global conflicts and the expected rise in defense spending by the U.S. and its allies. Elbit Systems, an Israel-based company, is expected to benefit from increased defense spending in Israel and Europe. Huntington Ingalls, a military shipbuilding company, is expected to see growth due to the U.S.s reliance on ships for overseas conflicts. Booz Allen Hamilton, an IT service provider for the U.S. government and military, recently received significant contracts from the U.S. Army and Space Force.
CustomersExpand
growth-positive
Elbit Systems Awarded Approximately $135 Million Contract to Establish an Artillery Ammunition Factory for an International Customer
Elbit Systems Ltd. has been awarded a $135 million contract to establish an artillery ammunition factory for an international customer. The contract will be performed over a period of two years. The company will leverage its technical and operational knowledge, as well as decades of ammunition production experience. Elbit Systems builds and operates ammunition factories and production lines in multiple sites. The companys experience covers the entire product cycle, from design to production as well as maintenance and after sales support.
Customers
growth-positive
How the Israel-Hamas war propelled BAE Systems to record highs
The recent conflicts in the Middle East and Ukraine have led to a surge in demand for ammunition, benefiting defence companies like BAE Systems. The UK-based companys shares have risen 12% since the start of the conflict in Israel, increasing its value to £33bn. Last year, the UK approved £34m of military exports to Israel, up £23m from the previous year. This includes orders for equipment such as submarine components, radio gear, and armour-piercing ammunition. BAE Systems has reportedly delivered up to 15% of Israels orders for 75 F-35s, a US-designed jet that BAE produces.
CustomersPartners
growth-positive
How the Israel-Hamas war propelled BAE Systems to record highs
The recent conflicts in the Middle East and Ukraine have led to a surge in demand for ammunition, benefiting defense companies like BAE Systems. The companys shares have risen 12% since the conflict in Israel began, boosting its value to £33bn. BAE Systems has been supplying components for the F-35, a US-designed jet, to Israel. However, this has led to criticism from campaigners against the UKs arms trade with Israel. Despite the criticism, the demand for ammunition is expected to remain high, leading to a potential decade-long defense upcycle.
CustomersPartners
growth-positive
Elbit Systems Awarded Approximately $170 Million Contract to Become the Integration Partner for Swedish Army LSS Mark Digitization Program
Elbit Systems Ltd. has announced that its subsidiary, Elbit Systems Sweden AB, has been awarded a contract worth approximately $170 million to become the integration partner for the Swedish Armys digitalization program, LSS Mark. The contract will be performed over a ten-year period. Elbit Systems Sweden will lead the roll-out of the Swedish Armed Forces digitization program and integrate, install, maintain, and upgrade command and control systems on a variety of platforms.
PartnersExpand
growth-positive
3 Stocks You Need to Own Before the Next Wave of Innovation Hits
The article discusses the importance of innovation in driving stock gains, citing the examples of Amazon, Alphabet, and Apple. It then highlights three companies - Elbit Systems, Xpeng, and Plug Power - that are poised for growth due to their innovative initiatives. Elbit Systems is developing high-tech products for militaries, including anti-missile systems and drone detection technology. Xpeng is working on an advanced driver assistance system that uses artificial intelligence. Plug Power is developing hydrogen fuel cells and is expected to become one of Americas largest producers of green hydrogen.
InvestmentPartners
Elbit Systems (ESLT): An Overpriced Asset? Unveiling Its True Market Value
growth-positive
Elbit Systems Awarded a Contract Worth Approximately $115 Million to Supply Tank Ammunition to a European Country
Elbit Systems Ltd. has been awarded a contract worth approximately $115 million to supply tank ammunition to a NATO country. The contract will be performed over a period of three years and includes options for further extensions. The contract provides a strong vote of confidence in Elbit Systems portfolio of advanced munitions. Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
CustomersExpand
Growth-Positive
Elbit Systems Files a Shelf Prospectus in Israel
Elbit Systems Ltd. has filed a shelf prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange. The shelf prospectus will be effective for two years, allowing the company to raise funds through offerings and sales of various securities, including debt and equity, in Israel. The company has not yet decided on any offering of any securities, nor the scope, terms, or timing of any offering. Any securities offered will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. Persons.
Public Trading
growth-negative
Elbit Systems (ESLT): A Comprehensive Analysis of Its Overvaluation
Elbit Systems Ltd has reported a daily loss of -2.21% and a three-month loss of -5.08%, with an Earnings Per Share (EPS) of 5.97, raising concerns about the stock being overvalued. The companys stock price stands at $196.52, significantly higher than its GF Value of $142.79. The GF Value is a measure that represents the current intrinsic value of a stock. Elbit Systems financial strength is rated 5 out of 10, indicating fair financial strength. The companys profitability is strong, and its growth ranks better than 61.47% of 231 companies in the Aerospace & Defense industry.
Investment
growth-positive
Elbit Systems Awarded a $95 Million Contract to Supply Canister Configuration SkyStriker Loitering Munitions to a European Country
Elbit Systems Ltd. has been awarded a $95 million contract to supply SkyStriker loitering munitions to an undisclosed European country. The contract, which will be carried out over two years, includes the provision of several hundred SkyStriker units. The SkyStriker is a fully autonomous loitering munition that can locate, acquire, and engage operator-designated targets with a warhead of up to 10 kg. It can be launched from various ground and aerial platforms, and is equipped with an electrical engine that allows for covert operations of up to two hours and a range of 100 km.
CustomersExpand
growth-positive
Lockheed (LMT) Wins Contract to Aid AEGIS Combat System
Lockheed Martins Rotary and Mission Systems unit has secured a $21.6 million contract modification for the AEGIS combat system from the Naval Sea Systems Command. The contract, which is expected to be completed by December 2023, will see Lockheed provide capability package development and fielding, system integration and fielding, and in-service sustainment to support current configurations of the AEGIS combat system. The AEGIS Combat System is the U.S. Navy’s most modern surface combat system, designed to defend against advanced air and surface threats.
CustomersPartners
growth-positive
Elbit Systems Awarded $109 Million Contract by BAE Systems Hägglunds to Supply Iron Fist Active Protection System for the CV90 Platform
Elbit Systems Ltd. has been awarded a $109 million contract to supply BAE Systems Hägglunds with the Iron Fist Active Protection System (APS) for its CV90 platform, for a European customer. The contract will be carried out over three years. The Iron Fist APS provides armored platforms with 360-degree protection from a wide variety of anti-armor threats. The system combines radar and infra-red cameras with data fusion algorithms for threat detection, identification, and tracking.
CustomersPartners
growth-positive
U.S. Navy awards RTX and Elbit Systems of America a $16 million contract for improved F/A-18 pilot helmet mounted display systems
Collins Elbit Vision Systems (CEVS), a joint venture between Collins Aerospace and Elbit Systems of America, has been awarded a $16 million contract by the Naval Air Warfare Center Aircraft Division. The contract is for the development, engineering, logistics and test support of the Improved Joint Helmet Mounted Cueing System used in Block III F/A-18E/F and E/A-18G aircraft. The company is introducing the Zero-G Helmet Mounted Display System+ (HMDS+) which will provide an augmented view of the battle space inside the pilots helmet to allow for faster decision making, increasing survivability and effectiveness.
PartnersInvestment
growth-positive
Gabelli Funds to Host 29th Annual Aerospace & Defense Symposium at The Harvard Club, New York, NY
Gabelli Funds is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York on September 7, 2023. The conference will feature 16 companies and focus on the strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting.
Partners
growth-positive
Elbit Systems Awarded Two Contracts in an Aggregate Amount of $200 Million to Supply Artillery C4I Solution and Hostile Fire Counter Attack Solution to a European Country
Elbit Systems Ltd. has been awarded two contracts worth approximately $200 million by an undisclosed European country. The contracts, which will be executed until 2026, are for the supply of a Command, Control, Communication, Computers, Intelligence (C4I) solution to artillery battalions and a Hostile Fire Counter Attack (HFCA) solution. The C4I solution will provide advanced capabilities to four battalions of 155mm howitzers guns, while the HFCA solution will allow the customer to detect enemy fire source and destroy it using Elbit Systems artillery C4I solution.
CustomersExpand
growth-positive
Elbit Systems Announces Commercial Paper Issuance in Israel
Elbit Systems Ltd., an international high technology company, has announced the completion of a U.S. Dollar denominated commercial paper issuance in Israel, raising approximately $300 million. The proceeds from the issuance will be used for diversification of the companys financing sources and for its ongoing operations. The commercial paper is for a term of 90 days, which may be extended by additional periods of 90 days each, up to a maximum period of five years.
Investment
growth-positive
Elbit Systems Awarded a $55 Million Contract to Supply a Counter UAS Solution to the Netherlands
Elbit Systems has been awarded a contract worth approximately $55 million to supply multi-layered ReDrone Counter Unmanned Aerial Systems (C-UAS) to the Netherlands. The contract will be performed over a period of four years. Elbit Systems will supply several configurations of the ReDrone integrated Counter-UAS solution along with a logistic support package and training. The ReDrone system provides advanced radar, signal intelligence, and electro-optical capabilities to detect, identify, locate, track, and neutralize hostile UAS. The contract strengthens Elbit Systems long-term partnership with the Netherlands and reflects the increasing demand for their Counter-UAS solutions.
Customers
growth-positive
Phoenix Holdings Ltd. Increases Stake in Elbit Systems Ltd.
Phoenix Holdings Ltd. has acquired 2,199,929 shares in Elbit Systems Ltd. The transaction had a positive impact on Phoenix Holdings portfolio, increasing its total holdings in Elbit Systems. Phoenix Holdings is a leading investment firm based in Israel with a diverse portfolio. Elbit Systems is a technology company specializing in defense and commercial flight capabilities. Despite being overvalued, Elbit Systems has shown strong performance and growth potential. The acquisition is likely to have a significant impact on Phoenix Holdings portfolio and could influence Elbit Systems stock performance.
Acquisition
growth-positive
Company News for Aug 16, 2023
The Home Depot Inc. reported better-than-expected adjusted earnings per share for the second quarter of fiscal 2023, leading to a 0.7% increase in its shares. The companys earnings per share of $4.65 exceeded the Zacks Consensus Estimate of $4.46. The positive earnings report had a growth-positive impact on the company. The article focuses on earnings and stock analysis, and it mentions Zacks Investment Research as a source for stock recommendations. No partners, customers, or specific dates are mentioned in the article.
Customers
growth-positive
Elbit Systems receives "ilA-1+" Short Term Rating From S&P Global Ratings Maalot Ltd. to Commercial Paper Issuance in Israel
Elbit Systems has received a short-term issuer rating from S&P Global Ratings Maalot Ltd. The company is considering issuing commercial paper, although the details have not been finalized. The commercial paper will not be registered under the U.S. Securities Act and will only be offered in Israel. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs.
Investment
growth-positive
Elbit Systems' Partner, Hanwha, was Selected for the Australian Land 400 Phase 3 Project
Elbit Systems partner, Hanwha Defense Australia, has been selected as the preferred tenderer for the Australian Land 400 Phase 3 project. Elbit Systems will be a key partner in delivering the Redback Infantry Fighting Vehicle under the project. The contract between Hanwha and Elbit Systems is expected to be material to the company. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs.
Partners
ELBIT SYSTEMS REPORTS SECOND QUARTER 2023 RESULTS
growth-negative
Elbit Systems (ESLT) Misses Q2 Earnings Estimates
Elbit Systems reported quarterly earnings of $1.57 per share, missing the Zacks Consensus Estimate of $1.65 per share. The companys revenues for the quarter exceeded expectations. The stock has outperformed the market so far this year. The companys earnings outlook is mixed, resulting in a Zacks Rank #3 (Hold) for the stock. The industry outlook for Aerospace - Defense Equipment is positive. Elbit Systems performance will depend on managements commentary on the earnings call.
Customers
growth-negative
Israeli defence firm Elbit Q2 profit dips, revenue gains
Israeli defence electronics firm Elbit Systems reported lower quarterly profit due to higher expenses, despite a rise in revenue. The companys bottom line has benefited from the easing of supply chain and labour market pressures. Elbits board announced a dividend of 50 cents per share for the second quarter, the same as in the first quarter. The companys backlog of orders reached $16.1 billion, with 75% of the orders coming from outside Israel and 49% due in 2023 and 2024.
Customers
growth-positive
Gabelli Funds to Host 29th Annual Aerospace & Defense Symposium at The Harvard Club, New York City
Gabelli Funds, LLC is hosting its annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 7, 2023. The conference will draw top executives from more than ten companies, focusing on themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting.
InvestmentPartners
growth-positive
Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on August 8, 2023
Elbit Systems Ltd. announced that at its Annual General Meeting of Shareholders held on August 8, 2023, several resolutions were approved. These included the election of seven members to the board, the re-election of Mr. Noaz Bar-Nir to an additional three-year term as an External Director, the extension of indemnification and exemption letters for Mr. Michael Federmann and Mr. David Federmann, and the re-appointment of Kost, Forer, Gabbay & Kasierer as the companys independent auditor. Mr. David Federmann was also appointed Chair of the Companys board of directors.
Management Changes
growth-positive
Elbit Systems Ltd: A Comprehensive GF Score Analysis
Elbit Systems Ltd, a leading player in the Aerospace & Defense industry, has seen a gain of 3.08% in its stock price today and a 3.35% increase over the past four weeks. The companys GF Score is 80 out of 100, indicating a likely average performance potential. The companys financial strength rank is 5/10, profitability rank is 8/10, growth rank is 9/10, and momentum rank is 9/10. However, the companys GF Value Rank is 1/10, suggesting that the stock is currently overvalued. Despite this, Elbit Systems Ltd presents a compelling investment opportunity.
Investment
growth-positive
Elbit Systems wins $60m IDF artillery shells deal
Elbit Systems Ltd. has been awarded a contract worth approximately $60 million to supply thousands of 155mm artillery shells to the Israel Defense Forces Artillery Corps. The contract will be performed over a period of one year. Elbit Systems is a leading supplier to the IDF, supporting its ongoing operational requirements. The companys expansion and upgrade of their production infrastructure enables the provision of rapid production of a range of high-quality solutions to the Israel Ministry of Defense.
Customers
growth-positive
Elbit Systems Awarded Approximately $60 Million Contract to Supply Artillery Shells to the Israel Ministry of Defense
Elbit Systems Ltd. has been awarded a contract worth approximately $60 million to supply thousands of 155mm artillery shells to the Israel Defense Forces Artillery Corps. The contract will be performed over a period of one year. The company is proud to be a leading supplier to the IDF, supporting its ongoing operational requirements. The expansion and the upgrade of their production infrastructure enables the provision of rapid production of a range of high quality solutions to the Israel Ministry of Defense.
CustomersExpand
growth-positive
Elbit Systems Awarded $150 Million Contract to Supply PULS Rocket Artillery Systems to an International Customer
Elbit Systems Ltd. has been awarded a $150 million contract to supply PULS™ (Precise and Universal Launching Systems) rocket launchers and a package of precision-guided long-range rockets to an international customer. The contract will be performed over a period of three years. Elbit Systems PULS provides a comprehensive and cost-effective solution, that can launch unguided rockets, precision guided munitions and missiles with an effective range of up to 300km. The PULS launcher is fully adaptable to existing wheeled and tracked platforms, enabling a significant reduction in maintenance and training costs.
CustomersInvestment
Neutral
Elbit Systems Schedules Second Quarter 2023 Results Release For August 15, 2023
Elbit Systems Ltd., an international high technology company engaged in defense, homeland security and commercial programs, announced that it will be releasing its second quarter 2023 financial results on August 15, 2023. The company will host a conference call to review and discuss the results. Elbit Systems operates in the areas of aerospace, land and naval systems, C4ISR, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions.
growth-positive
Foresight Takes Major Step Toward Commercialization With Elbit Systems Securing Revenues up to $4 Million
Foresight Autonomous Holdings Ltd has signed an exclusive five-year commercialization agreement with Elbit Systems Land Ltd. The agreement involves the integration, marketing, and licensing of Foresights image processing software solution. Foresight expects revenues of up to $4 million over the contract period, with minimum guaranteed revenues of $1 million. Elbit will commercialize Foresights software solution globally, offering it to its end customers as a component of advanced driver assistance systems for driving safety, as well as a solution for semi- and fully-autonomous platforms.
PartnersCustomers
growth-positive
Elbit Systems Awarded $114 Million Contract with Asian-Pacific Country for Long-Range Patrol Aircraft
Elbit Systems Ltd. has been awarded a contract worth approximately $114 million to supply two long-range patrol aircraft (LRPA) equipped with an advanced and comprehensive mission suite to an Asian-Pacific country. The contract will be carried out over a period of five years. The two LRPA aircraft will be based on new ATR 72-600 and Elbit Systems will integrate in each aircraft a mission suite that includes a Mission Management System, Electro-Optics, Radar, SIGINT, Communication and more.
CustomersExpand
growth-positive
ציפי לבני מצטרפת לדירקטוריון חברת אלביט מערכות
ציפי לבני, former Minister of Foreign Affairs, is expected to join the board of directors of Alvit Systems. The company has issued a summons for its annual meeting, where shareholders will be asked to approve Lebnis appointment to the board. Lebni is expected to be part of the audit committee. The current chairman and controlling shareholder, Michael Federman, as well as other directors, will also be up for reappointment. Each director is entitled to an annual compensation of approximately $33,000 and a payment of 4,625 shekels per meeting. Alvit Systems is traded on the Nasdaq and the Tel Aviv Stock Exchange with a market value of $9.4 billion. In the first quarter of the year, the company reported revenues of $1.39 billion and a net profit of $75.6 million (Non-GAAP).
Management Changes
growth-positive
Elbit Systems Awarded $180 Million Purchase Order Under Framework Agreement to Supply First Three Watchkeeper X Tactical UAS to the Romanian Ministry of National Defense
Elbit Systems has received a purchase order worth approximately $180 million to supply three Watchkeeper X tactical Unmanned Aerial Systems (UAS) to the Romanian Ministry of National Defense. The purchase order is part of a framework contract with a maximum value of approximately $410 million. Elbit Systems will provide upgraded UAS with advanced capabilities under the purchase order. The Watchkeeper X is the UK export variant of the British Army and is compatible with NATO standards. The partnership with Romania highlights the growing relationship between Elbit Systems and the country, as well as the increased interest in the companys UAS platforms from countries across Europe and NATO.
Customers
growth-positive
Elbit Systems Appoints New Independent Director
Elbit Systems Ltd. has announced the appointment of Mr. Ehud (Udi) Adam as a member of the board of directors. Mr. Adam has a background in the technology sector and has served in various leadership roles. He will serve as an independent director and will be part of several board committees. The appointment comes as Mr. Yoram Ben-Zeev steps down from his position as a director after nine years of service. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs. The company operates in various sectors and focuses on developing new technologies and providing support services.
Management Changes
growth-positive
Elbit Systems Announces S&P Global Ratings Maalot Reaffirming Rating of "ilAA" (Local Scale), With a Stable Outlook, for Elbit Systems Series B, C and D Notes
Elbit Systems announced that S&P Global Ratings Maalot Ltd. reaffirmed the companys rating for its Series B, C, and D Notes. The rating report was submitted to the Israel Securities Authority and the Tel Aviv Stock Exchange. Elbit Systems will provide an unofficial English translation of the report to the U.S. Securities and Exchange Commission. The announcement does not constitute a solicitation or offer to buy any securities.
Investment
growth-negative
Company News for May 31, 2023
Skyline Champion Corporations shares tumbled 10.6% after reporting lower-than-expected fourth-quarter fiscal 2023 revenues. Elbit Systems Ltd.s shares jumped 6.1% on surpassing revenue expectations for the first quarter of 2023. Tesla, Inc.s shares rose 4.1% on reports of CEO Elon Musks visit to the Tesla Shanghai plant in China. Newell Brands Inc.s shares gained 1.7% after announcing plans to restructure and streamline its North American distribution network.
Customers
growth-negative
Elbit Systems Ltd. (NASDAQ:ESLT) Q1 2023 Earnings Call Transcript
Elbit Systems Ltd. reported its Q1 2023 earnings, missing expectations with a reported EPS of $1.22, compared to the expected $1.73. Despite this, the companys order backlog grew by 15% to $15.8 billion compared to Q1 2022. The companys CFO, Kobi Kagan, noted that operational activities and cost base are gradually returning to normal following supply chain and labor challenges in 2022. The companys CEO, Butzi Machlis, highlighted the strong demand for their artillery solutions and a series of significant contracts booked since the end of Q1.
Customers
growth-negative
Elbit Systems (ESLT) Misses Q1 Earnings Estimates
Elbit Systems reported quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate. The companys revenues of $1.39 billion surpassed estimates. The stock has gained 18.1% this year. The companys earnings outlook is mixed, resulting in a Zacks Rank #3 (Hold). The industry rank for Aerospace - Defense Equipment is in the top 37%. CAE, another company in the same industry, is yet to report its results.
Customers
growth-positive
ELBIT SYSTEMS REPORTS FIRST QUARTER 2023 RESULTS
Elbit Systems Ltd. reported strong financial results for the first quarter of 2023, with a record order backlog of $15.8 billion, reflecting a 16% increase compared to Q1 2022. The company achieved revenues of $1.39 billion and a non-GAAP net income of $76 million. Key segments such as C4I and Cyber, ISTAR and EW, and Land showed significant revenue growth. Elbit Systems also announced several new contracts totaling over $958 million, including deals with European and international customers, and the Israeli Ministry of National Security. The company declared a dividend of $0.50 per share, payable on July 10, 2023.
Customers
growth-positive
CAE (CAE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wall Street expects CAE Inc to report an increase in earnings and revenues for the quarter ended March 2023. The stock price may move higher if the actual results exceed expectations. However, estimate revisions have been slightly lower in the past 30 days. The companys Earnings ESP is -6.90%, indicating a potential deviation from the consensus estimate. CAE Inc has a history of beating consensus EPS estimates in the past. Elbit Systems, another company in the aerospace-defense industry, is also expected to report positive earnings growth. However, its Earnings ESP is 0.00% and it has a Zacks Rank of #4 (Sell).
Investment
growth-positive
Elbit Systems Awarded $305 Million Contract to Supply PULS Rocket Artillery Systems to the Royal Netherlands Army
Elbit Systems has been awarded a $305 million contract to supply Precise & Universal Launching System (PULS) artillery rocket systems to the Royal Netherlands Army. The contract will be performed over a period of five years. The PULS system is designed to support future growth, integrate legacy solutions, and adapt to specific customer requirements. The contract enhances Elbit Systems military technologies and strengthens its partnerships with NATO countries.
Customers
growth-positive
Israel, Netherlands sign $305 mln defence export deal -ministry
The Israeli and Dutch Defence Ministries signed a $305 million export deal with Elbit Systems for artillery rocket systems. This is the first government-to-government defense exports agreement between Israel and the Netherlands, and one of the largest agreements between Israel and a European country in recent years. Elbit Systems will supply its PULS artillery rocket systems to the Royal Netherlands Army in a five-year contract.
Partners
growth-positive
Elbit lands $305 million deal to sell artillery rocket systems to the Netherlands | CTech
Elbit Systems has been awarded a $305 million contract to supply Precise and Universal Launching System (PULS) artillery rocket systems to the Royal Netherlands Army. The contract will be performed over a period of five years and includes the supply of 20 PULS artillery rocket systems, rockets and missiles of various ranges, and training and support services. The acquisition of the PULS solution will enhance the Royal Netherlands Armys ability to provide effective indirect fire support and provide interoperability with NATO customers.
Partners
growth-negative
Elbit Systems (ESLT) Earnings Expected to Grow: What to Know Ahead of Q1 Release
Elbit Systems is expected to deliver an increase in earnings on higher revenues for the quarter ended March 2023. However, the consensus EPS estimate has been revised lower, making it difficult to predict if the company will beat expectations. The company has not been able to beat consensus EPS estimates in the past four quarters. The article suggests that while an earnings beat or miss may not be the sole basis for a stock moving higher or lower, betting on stocks that are expected to beat earnings expectations increases the odds of success. Elbit Systems is not considered a compelling earnings-beat candidate.
Investment
growth-neutral
Elbit Systems Schedules First Quarter 2023 Results Release For May 30, 2023
Elbit Systems Ltd. announced that it will be releasing its first quarter 2023 financial results on May 30, 2023. The company will host a conference call to review and discuss the results. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs worldwide.
growth-positive
Elbit Systems Awarded a Contract Worth Approximately $71 Million to Supply and Maintain Future Armoured Vehicle Training for the British Army
Elbit Systems UK, a subsidiary of Elbit Systems Ltd., has been awarded a contract worth approximately $71 million from the UK Ministry of Defence. The contract involves supplying, maintaining, and operating the Ground Manoeuvre Synthetic Trainer systems for the Boxer armoured vehicles and Challenger 3 tanks under the British Armys Project Vulcan. The contract will be delivered over a three-year period with an additional nine-year period that will include operation and maintenance services at UK facilities.
CustomersExpand
growth-positive
The 7 Most Undervalued Growth Stocks for Your May Buy List
The article discusses the undervalued growth stocks that investors should consider buying. It highlights Stem (NYSE:STEM) as one of the stocks that has shown positive growth potential. Stem, a company that uses AI to optimize energy storage systems, has experienced a 9% rebound in its stock price after reporting strong first-quarter earnings. The companys top line grew by 63% compared to the same period last year, and its bookings more than doubled. Stem also expects the supply chain issues affecting its solar business to improve in the second half of the year. The article suggests that Stems positive performance indicates that other growth stocks can also rally. The article also mentions other undervalued growth stocks, including ImmunityBio (NASDAQ:IBRX), Schrodinger (NASDAQ:SDGR), Darling Ingredients (NYSE:DAR), Volkswagen (OTCMKTS:VWAGY), Freeport-McMoran (NYSE:FCX), and Elbit Systems (NASDAQ:ESLT).
CustomersInvestment
growth-positive
Elbit Systems Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022
Elbit Systems Ltd. announced that it has filed its annual report for the fiscal year ended December 31, 2022. The company will host a conference call to review and discuss the annual report. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs. The company focuses on aerospace, land and naval systems, C4ISR, unmanned aircraft systems, and more. The annual report provides information on the companys financial results and growth strategies. The conference call will be available for replay and can be accessed through various dial-in numbers. Elbit Systems website also provides additional information about the company and its programs.
Public Trading
growth-neutral
Elbit Systems Will File Its Annual Report on Form 20-F for Fiscal Year 2022 on May 1, 2023
Elbit Systems Ltd. will file its Annual Report on Form 20-F for fiscal year 2022 on May 1, 2023. The company will host a conference call on the same day to review and discuss the annual report. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs worldwide.
growth-positive
Elbit Systems Signs Follow-On Contract Worth Approximately $100 Million to Provide Firefighting Squadron Services to the Israeli Ministry of National Security
Elbit Systems has signed a follow-on contract worth approximately $100 million to provide aerial firefighting services to the Israeli Ministry of National Security. The contract will be carried out over a period of eight years. Elbit Systems will continue to provide aerial firefighting services in Israel through a fleet of 14 aircraft, as well as additional operational services including ongoing maintenance of the aircraft. The contract extension until the end of 2031 demonstrates confidence in the company and its capabilities. The squadron will be operated under the guidance of the Israeli Police and in coordination with the Fire and Rescue Authority.
Partners
The race to build a self-driving tank – and transform warfare
growth-positive
Elbit Systems Awarded Contract Worth Approximately $102 Million to Supply ATMOS Artillery Systems to an International Customer
Elbit Systems has been awarded a contract worth approximately $102 million to supply artillery systems to an international customer. The contract will be performed over a period of eight years. Elbit Systems will supply a battalions worth of ATMOS (Autonomous Truck Mounted Howitzer) 155mm/52 caliber truck-mounted howitzer systems. The ATMOS is a combat proven wheeled howitzer solution with an effective range of over 40km. Yehuda (Udi) Vered, General Manager of Elbit Systems Land, stated that the contract is a vote of confidence in the advanced indirect fire solutions provided by Elbit Systems.
Customers
growth-positive
Elbit Systems Awarded Contract Worth Approximately $100 Million to Supply Intelligence and EW Aircraft to an International Customer
Elbit Systems has been awarded a follow-on contract worth approximately $100 million to convert commercial aircraft into Intelligence and Electronic Warfare (EW) aircraft for an international customer. The contract will be performed over a period of three years. Elbit Systems will equip the aircraft with advanced Intelligence Mission Suite and EW capabilities, providing a comprehensive operational picture of the arena generated by SIGINT and Electro-Optics VISINT sensors and systems. The companys market-leading portfolio of ISTAR and EW capabilities allows it to provide integrated solutions adapted to the customers needs. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs worldwide.
Partners
growth-positive
Elbit Wins Two Contracts Worth $202M EW Form International Customers - For EW and Artillery Systems
Elbit Systems Ltd has won two contracts from international customers. The first contract, worth around $100 million, involves equipping commercial aircraft with advanced Intelligence and Electronic Warfare (EW) capabilities. The company will also integrate Immune Satellite Navigation Systems (ISNS) and an advanced self-protection solution into commercial aircraft. The contract will be delivered over three years. The second contract, worth about $102 million, involves supplying a battalions worth of artillery systems. This contract is expected to be delivered over eight years.
CustomersExpand
growth-positive
Elbit Systems Awarded Contract to Supply Precision Munitions and Defense Electronics Systems to a European Country Worth Approximately Million $280
Elbit Systems has been awarded a contract worth approximately $280 million to supply precision munitions, radio and defense electronics systems, and maintenance services to a European Country. The contract will be performed over a period of three years. The companys President and CEO, Bezhalel (Butzi) Machlis, expressed that the contract extensions demonstrate the customers continued trust in their products and services. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs worldwide.
Customers
growth-positive
Israeli company Elbit Systems expects more sales of the advanced system
Elbit Systems expects more sales of its advanced UAS, the Hermes 900 Starliner, following its recent certification to fly in civil airspace. The company received dual military and civilian certification from the Israeli Civil Aviation Authority and the Swiss Military Aviation authority. This certification allows governments and organizations to incorporate large unmanned aircraft in missions that were previously performed by manned aircraft. Elbit Systems has integrated advanced civil aviation technological capabilities into the Hermes 900 Starliner to meet certification standards. The company has already been contracted by the Canadian Ministry of Transportation and the Swiss Federal Department of Defence to supply the UAS.
CustomersPartners
growth-positive
Elbit Systems E-LynX Software Defined Radio Selected again by the Spanish Army - EDR Magazine
Elbit Systems announced that its E-LynXTM tactical Software Defined Radio (SDR) solution was selected by the Spanish Ministry of Defense for the URGENT ACQUISITION OF V/UHF SDR RADIO EQUIPMENT program. The E-LynXTM SDR solution will be manufactured and maintained in Spain as a national sovereign radio, equipped with Spains national crypto solution, through the cooperation between Telefonica and Elbit Systems. This contract further validates the technological and operational advantages of Elbit Systems software defined radios.
AcquisitionPartners
growth-positive
Elbit Systems to Provide Israel With Main Battle Tank Training Platforms
Elbit Systems has been awarded a $107 million contract by the Israeli Defence Forces (IDF) to supply advanced tank training platforms. The contract will run for three years with an option for an additional 15 years for related services. Elbits simulation and training centers will assist combined arms companies in training for operational intelligence, logistics, and combat support. The centers will use Elbits open architecture OneSim simulation software and provide a common synthetic environment for trainees. Elbits training and simulation technologies are already in service in the US, UK, Israel, and other European countries.
Partners
growth-positive
Elbit Systems Awarded a $36 Million Contract to Supply a F-16 Mission Training Center to the Polish Air Force - EDR Magazine
Elbit Systems has been awarded a contract valued at approximately $36 million to supply four F-16 Full Mission Simulators to the Polish Air Force. The contract will be performed over a 28-month period. The simulators will provide a high fidelity, full mission training experience for PLAF F-16 pilots, improving their skills and mission readiness. Elbit Systems training and simulation technologies can also provide the future simulation infrastructure of the PLAF.
Customers
growth-positive
Elbit Systems Secures up to $410 Million Contract for the Supply of Tactical Unmanned Aircraft Systems to Romania | MarketScreener
Elbit Systems has secured a contract worth up to $410 million to supply tactical unmanned aircraft systems to Romania. The contract is expected to have a positive impact on the companys growth. The key theme of the article is the contract secured by Elbit Systems. The key issue discussed is the acquisition of new customers. The article does not mention any specific partners or customers. The date of the event described in the article is not mentioned. My confidence in the answer is 8/10.
Customers
growth-positive
Elbit Systems to Supply Army Night Vision Binoculars Under $107M Order
Elbit Systems of America, a subsidiary of Elbit Systems, has received a $107 million order from the U.S. Army to deliver helmet-mounted night vision systems. The order is part of a potential $442 million contract awarded in 2020. The Enhanced Night Vision Goggle-Binocular system is equipped with white phosphor image intensifier tubes and features wireless connection, augmented reality, and rapid target acquisition capabilities. Elbit Systems of America will perform the work at its facilities in Roanoke, Virginia, and expects to start delivering the systems in 2023.
Customers
growth-positive
Elbit Systems Awarded a $120 Million Contract to Supply Hermes 900 UAS to the Royal Thai Navy
Elbit Systems has been awarded a $120 million contract to supply Hermes 900 Maritime Unmanned Aircraft Systems (UAS) and training capabilities to the Royal Thai Navy. The contract will be performed over a three-year period and includes the delivery of Hermes 900 Maritime UAS with various capabilities. The UAS will enable the Royal Thai Navy to perform blue water and littoral missions, as well as carry out maritime search and rescue operations. Elbit Systems has a strong track record with its Hermes family of UAS, which have been selected by more than 20 customers worldwide. The contract reflects the growing demand for Elbit Systems unmanned solutions.
Customers
growth-positive
Elbit Systems wins $660m European intelligence deal
Elbit Systems has been awarded a $660 million contract to provide intelligence systems to a European country. The contract will be undertaken over four years and includes an additional ten-year maintenance period. This contract award demonstrates the growth-positive impact on the company. Elbit Systems share price rose 0.15% on Nasdaq and is up 4.5% on the Tel Aviv Stock Exchange. The event described in the article occurred on July 13, 2022.
Customers
growth-positive
Elbit Systems Launches Innovative Helicopter Vision Suite that Enables Pilots to "Own the Weather"
Elbit Systems has unveiled a new technological vision suite for military helicopters. The suite integrates a sophisticated sensor array, an AI-powered mission computer, and a unique Helmet Mounted Display (HMD) system. It enables helicopter pilots to see through the body of the aircraft and provides them with a real-time, clear, colored wide field of view, even in challenging weather and visibility conditions. This technology addresses the operational challenge of conducting low-altitude flights during degraded visibility conditions, expanding the operational envelope of military helicopters. The suite includes the X-Sight HMD system, an AI-powered mission computer, and an integrated array of sensor systems. The suite was designed within an open architecture, allowing for flexibility and integration of sensors from different manufacturers.
Customers
growth-positive
אלביט מערכות זכתה בחוזה עתק לספק פתרון חימוש למדינה באסיה
Israeli company Elbit Systems has won a contract worth approximately $220 million to supply precision guidance kits for air munition to an unnamed country in the Asia Pacific. The contract will be carried out over a period of 15 months. As part of the contract, Elbit Systems will supply its Lizard kits for precise guidance for general aerial warheads. The Lizard is a laser-based precision guidance kit that allows general aerial warheads, in Western and Eastern versions, to accurately attack targets, including fast-moving targets.
Customers
growth-positive
אלביט תספק לצבא הבריטי להקות רחפנים אוטונומיות
Elbit Systems, an Israeli defense electronics company, has signed a deal to supply the British Army with autonomous drone squads. Each squad will consist of six drones, managed by a combat and mission management system that includes artificial intelligence and machine learning. These systems have previously only been sold to the Israel Defense Forces. The drones will be used for tactical intelligence missions, allowing continuous territorial control for up to eight hours. The data generated by the drone squad is transmitted in real time between drones in the same squad and broadcast online to a ground control station.
CustomersPartners
growth-positive
Elbit Systems wins $130m artillery munitions deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded contracts totaling $130 million to deliver an artillery munitions production line to an undisclosed country in the Asia-Pacific region. The contracts will be performed over 30 months, during which Elbit Systems will build a turnkey industrial complex for enhanced manufacturing of artillery munitions. The companys share price has been performing well, further boosted by recent announcements from European countries increasing their defense budgets.
CustomersInvestment
growth-positive
Elbit wins Weizmann Institute space telescope contract
Elbit Systems, an Israeli defense electronics company, has been awarded a $16 million contract to supply a space telescope to the Weizmann Institute of Science. The telescope will be used as part of Israel’s Ultraviolet Transient Astronomy Satellite (ULTRASAT) program to observe and research deep space. Elbit Systems will develop, manufacture, and integrate a highly sensitive, wide field of view ultraviolet space telescope. The ULTRASAT program is jointly managed and funded by the Weizmann Institute of Science and the Israeli Space Agency, in association with the German DESY research center.
CustomersPartners
growth-positive
אלביט תוביל מאגד של רשות החדשנות לעבודה משותפת של בני-אדם ורובוטים - Techtime - חדשות אלקטרוניקה והייטק
Elbit Systems has been approved by the Israel Innovation Authority to lead a consortium named Asimov that will focus on the research and development of technologies for interaction between humans and robotic systems working together. The consortium aims to develop processes and technologies for natural and fast communication between robots and humans for the execution of joint tasks in changing environments. The consortium will focus on providing a technological solution for a system of robots performing routine tasks in a hospital department environment.
PartnersExpand
growth-positive
Elbit Systems Awarded $350 Million Contract to Supply an Array of Land Systems to an International Customer
Elbit Systems Ltd., an international high technology company, has been awarded a contract worth approximately $350 million to supply a range of land systems to an international customer. The contract will be fulfilled over a three-year period. The companys CEO, Bezhalel Machlis, stated that the contract award demonstrates the competitive advantage of their diverse portfolio of land systems and noted a growing demand in the field.
Customers
growth-positive
Elbit awarded $106 million contract to supply automatic gun systems to Asia-Pacific country
Israeli defense company Elbit Systems has secured a $106 million contract to supply SIGMA fully automatic self-propelled howitzer gun systems to an undisclosed country in the Asia-Pacific region. The contract will be fulfilled over five years. The deal follows a $74 million contract with South Koreas Ministry of National Defense for airborne munitions and a $100 million contract with the UK Royal Navy for electronic warfare capabilities.
CustomersPartners
growth-positive
Elbit Systems wins follow-on US night vision order
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $54 million production order to supply enhanced night vision goggle binocular (ENVG-B) systems to the US Army. The order includes spare parts, logistics support, and test equipment. The work will be undertaken in Roanoke, Virginia and is expected to be delivered by February 2023. This order is part of a contract awarded in October 2020 that could reach a maximum amount of $442 million.
CustomersExpand
growth-positive
Elbit Systems wins unmanned anti-submarine vessels deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded contracts worth $56 million to supply Anti-Submarine Warfare (ASW) capabilities to the navy of an Asia-Pacific country. The contracts will be performed over 12 months. Elbit Systems will provide the Seagull USVs (Unmanned Surface Vessels) configured to perform ASW missions and the towed reelable active passive sonar (TRAPS) systems.
CustomersExpand
growth-positive
Elbit Systems unveils AI-powered assault rifle
Israeli defense electronics company Elbit Systems has introduced its AI-powered assault rifle, ARCAS. The rifle features a built-in computerized AI system that interfaces with the rifles electro-optical sight, a helmet-mounted eyepiece, and the rifles assemblies, providing soldiers with real-time actionable combat information. The system transforms assault rifles into digital, networked combat machines, enhancing the lethality, mission effectiveness, and survivability of dismounted soldiers. The rifle offers capabilities such as passive range measurement, automatic ballistic correction, detection of fire sources, video motion detection, and friend or foe identification.
Customers
growth-positive
Elbit Systems Announces New Appointments: Joseph Gaspar Appointed Senior EVP - Business Management and Dr. Yaacov (Kobi) Kagan Appointed EVP and CFO
Elbit Systems Ltd. has announced changes in its senior management. Joseph Gaspar, who has served as the companys Chief Financial Officer (CFO) for 20 years, will become Senior Executive Vice President (EVP) - Business Management. Dr. Kobi Kagan, currently serving as Deputy General Manager and Senior Vice President - Finance and Control of Elbit Systems Land, will replace Mr. Gaspar as EVP and CFO. The appointments will become effective as of April 1, 2022.
Management Changes
growth-positive
אלביט תייצר אנטנות באמצעות מדפסות תלת מימד - Techtime - חדשות אלקטרוניקה והייטק
Elbit Systems has entered into a long-term strategic partnership with Swiss company SWISSto12, which has developed 3D printers for the production of high-frequency RF antennas. The antennas will be produced using SWISSto12s 3D printing technology. The partnership will allow the companies to develop and produce RF antennas and subsystems for Elbits naval electronic warfare systems. SWISSto12, which was founded in 2011, has developed a technology for planning and manufacturing antennas for terahertz frequencies.
Partners
growth-positive
Elbit Systems raises NIS 1.9b debt in Tel Aviv
Elbit Systems Ltd. has raised NIS 1.9 billion ($580 million) in a notes offering in Tel Aviv, exceeding its initial target of NIS 1.2 billion due to high demand. The notes are rated ilAA by S&P Maalot and were bought by investment institutions in Israel. The offering was led by Discount Capital. Elbit Systems CFO Yossi Gaspar said the funds would support the companys long-term strategy, which includes investing in advanced technologies, expanding into global markets, improving operations, and continuing its acquisitions policy.
Investment
Growth-Positive
Elbit Systems Considers Potential Notes Offering in Israel
Elbit Systems Ltd., an international high technology company, has announced that it is considering a notes offering in Israel, under the companys shelf prospectus dated September 30, 2020. The notes will be listed on the Tel Aviv Stock Exchange and offered in a uniform public offering. The execution, timing, terms, and amount to be raised in the contemplated offering have not been finally determined and are subject to further approval of the companys Board of Directors and the approval of the Tel Aviv Stock Exchange.
Public TradingInvestment
growth-positive
Elbit awarded $16 million project to supply night vision goggles to UK Armed Forces
Elbit Systems UK Limited, a subsidiary of Elbit Systems Ltd., has been awarded a contract worth approximately $16 million by the UK Ministry of Defence. The contract involves providing the UK Armed Forces with XACT Night Vision Goggles over an 18-month period, with the potential for additional orders over a five-year period. This contract will create more skilled jobs in the UK. Earlier this year, Elbit announced a $166 million contract from the UK Ministry of Defence for the Royal Navy Future Naval Training Program.
CustomersPartners
growth-positive
Elbit Systems wins $80m maritime electro-optics deal
Israeli defense electronics company Elbit Systems Ltd. has won an $80 million contract to supply AI-powered SPECTRO XR multi-spectral electro-optic (EO) systems for maritime forces to an Asian-Pacific country. The contract, which will be performed over four years, came after competitive technical evaluations. The SPECTRO XR EO systems will be integrated onboard a variety of maritime platforms. The system provides naval, air and land forces with enhanced intelligence, surveillance, target acquisition and reconnaissance capabilities.
CustomersExpand
growth-positive
נשק הלייזר של אלביט יהיה מבצעי בתוך כשלוש שנים - Techtime - חדשות אלקטרוניקה והייטק
Elbit Systems, an Israeli defense company, is in the advanced stages of developing a laser-based system for intercepting missiles and rockets. The system is expected to be operational within two to three years, pending budget approval from the Israeli Ministry of Defense. Elbit estimates that once the budget is approved, it will be able to complete the development and begin production of the operational solution. The laser system is expected to be more efficient and significantly cheaper than kinetic defense systems like the Iron Dome.
InvestmentExpand
Growth-Positive
Elbit Systems reports a record $11.8 billion in orders backlog
Elbit Systems, a defense company, reported a 4.4% growth in the first quarter of 2021 with a revenue of $1.1 billion. The companys Non-GAAP net income rose to $76.2 million, compared to $72 million in the first quarter of 2020. A significant order of $300 million from a country in the Asia-Pacific region contributed to Elbits backlog growth by 9.2% to a record $11.8 billion. The companys CEO, Bezhalel Machlis, also mentioned the acquisition of sonar company Spartan and Israeli company Rocker, and the supply of night-vision systems to the US military.
CustomersAcquisition
growth-positive
Elbit Systems Acquires BAE Systems Rokar
Elbit Systems Ltd has announced the acquisition of BAE Systems Rokar International Ltd from BAE Systems, Inc. for approximately $31 million. Rokar, based in Jerusalem, Israel, specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications. Elbit Systems President & CEO, Bezhalel Machlis, stated that the acquisition will enhance the companys capabilities in the growing area of networked precision fire solutions.
Acquisition
growth-positive
Elbit to provide night vision goggles to German police
Elbit Systems Ltds German unit, Elbit Systems Deutschland, has won a tender from the German Federal Ministry of the Interior to supply XACT nv33 Night Vision Goggles (NVGs) to the German Federal Police. The NVGs will be used by the German Federal Police Special Forces and Special Operation Units in their efforts to combat organized crime and international terrorism. The German Armed Forces are already using the XACT nv33 NVG in various missions.
CustomersPartners
growth-positive
Elbit Systems unveils Iron Sting precision mortar
Israels Ministry of Defense Directorate of Defense R&D (DDRD), the IDF’s Ground Forces, and defense electronics company Elbit Systems Ltd. have unveiled the Iron Sting, a precise, laser and GPS guided mortar munition. The 120 mm mortar has recently undergone final trials in southern Israel, enabling the start of serial production ahead of the system’s supply to the IDF. The Iron Sting is designed to engage targets precisely, in both open terrains and urban environments, while reducing the possibility of collateral damage.
Partners
growth-positive
Elbit wins $300m contract in Asia for Hermes 900
Elbit Systems Ltd. has secured a contract worth approximately $300 million to supply Hermes 900 Unmanned Aircraft Systems (UAS) to an undisclosed country in Asia. The contract, which will be carried out over five years, also includes the provision of maintenance and support services. The company has stated that the Hermes 900 UAS has been chosen by twelve countries so far, highlighting its competitive edge due to its technological sophistication, reliability, open architecture, and solid growth path.
CustomersExpand
growth-positive
Elbit Systems wins Dutch, Asian deals worth $128m
Israeli defense electronics company Elbit Systems Ltd. has won two new contracts worth a combined $128 million. The first contract, worth $82 million, is from BAE Systems Hägglunds AB to supply the Royal Netherlands Army with active protection systems and electro-optical commander sights. The second contract, worth $46 million, is to supply VBTP 6X6 Armored Personnel Carriers to the army of a country in Asia-Pacific. Both contracts involve the supply of Elbit Systems advanced defense electronics and will be performed over the next few years.
CustomersPartners
growth-positive
Elbit Systems wins $172m Asia Pacific tank deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $172 million contract to supply light tanks to an unnamed Asia-Pacific countrys army. The contract will be carried out over three years. Elbit will serve as the prime contractor to supply the Sabrah light tank solution, which is based on the tracked ASCOD platform manufactured by General Dynamics European Land Systems Santa Bárbara from Spain, and on the wheeled Pandur II 8X8 platform manufactured by Excalibur Army from the Czech Republic.
CustomersPartners
growth-positive
Elbit Systems wins Asian unmanned naval vessel deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a contract to supply Seagull Unmanned Surface Vehicles (USVs) to an unnamed Asia-Pacific countrys navy. The contract will be carried out over a period of 17 months. The Seagull USVs will be specifically configured to perform Mine Counter Measures (MCM) missions and will be equipped with the companys autonomous suite, Combat Management System, and Satellite Communication capability.
CustomersExpand
Elbit Systems secures $166 million deal with UK Royal Navy
growth-positive
Elbit Systems wins Dutch vehicle tactical computers deal
Israel-based defense electronics company, Elbit Systems Ltd., has secured a $24 million contract from the Dutch Ministry of Defense. The contract involves supplying the Royal Netherlands Army with new vehicle tactical computers. The new Enhanced Tactical Computers (ETC) MK7 will replace the older ETCs provided by Elbit Systems over a decade ago. The new ETCs offer improved Command and Control (C2) and tactical data processing capabilities, better security for processing and storage of secured mission information, and a solid growth path for advanced C2 applications.
CustomersInvestment
growth-positive
Elbit Systems wins $1.68b Greek air force deal
Elbit Systems Ltd. has been awarded a $1.68 billion deal to establish and operate the International Flight Training Center of the Greek Air Force. This follows an agreement between Israels Ministry of Defense and Greeces Ministry of National Defense. The deal, which spans over 20 years, is the largest-ever defense deal between Israel and Greece. As part of the deal, Elbit Systems will deliver training aircraft fleets equipped with the companys unique avionics and embedded training solutions, supply flight simulators and training aids, and provide logistical support.
Partners
growth-positive
Elbit Systems buys US undersea warfare co Sparton for $380m
Elbit Systems of America, a subsidiary of Israeli defense electronics company Elbit Systems Ltd., has signed an agreement to acquire Sparton Corporation for $380 million. The acquisition is subject to regulatory approvals in the US. Sparton, based in Florida, develops and supplies electronic systems for undersea warfare for the US Navy and allied military forces. The acquisition will strengthen Elbit Systems of America’s capabilities and enable expansion of activities in the naval arena.
AcquisitionExpand
Elbit Systems complete three deals, worth $92 million in two days
growth-positive
Elbit wins $96m European air force training deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $96 million contract to supply a European country with a Rotary-Wing Mission Training Center and support services. The training center will be used to train the countrys air force, army, and navy helicopter pilots and crews. The contract will be performed over a nine-year period, with an option to extend the maintenance services for an additional 10-year period.
Customers
growth-positive
Elbit Systems wins Spanish Army radio deal
Elbit Systems Ltd. has been awarded a contract to supply the E-LynX Software Defined Radio (SDR) solution for the combat battalion level of the Spanish Army. The contract will be performed in cooperation with Telefonica, S.A. over six months. The E-LynX SDR solution that Elbit Systems will provide to the Spanish Army is similar to the solutions that have recently been selected by several other countries, including Switzerland, Sweden and Israel.
PartnersCustomers
growth-negative
https://www.jpost.com/israel-news/sraels-elbit-systems-to-write-off-60-mln-in-q3-due-to-covid-19-647068
Israeli defense firm Elbit Systems expects to write off $60 million in the third quarter due to the impact of COVID-19 on commercial air traffic. The reduced demand for the companys products and services in the commercial aviation markets has led to this significant slowdown. Elbit Systems will record the write-off as non-cash expenses related to the impairment of assets and inventory. These expenses will be eliminated in the non-GAAP results as they are not part of the companys regular ongoing business.
Customers
growth-positive
Elbit wins $50m US night-vision helmet deal
Elbit Systems of America, a subsidiary of Israeli defense electronics company Elbit Systems Ltd., has been awarded a contract worth up to $50 million to produce spare parts for the aviators’ night vision imaging system helmet display system (ANVIS HUD) of the US Army. The contract will be performed over five years and was awarded on behalf of the US Army, by the Defense Logistics Agency. An initial order for $17.9 million was recently placed under this contract, to be supplied until 2023.
CustomersPartners
growth-positive
Elbit Systems unit wins F-35 assemblies deal
Elbit Systems Ltd., an Israeli defense electronics company, has announced that its fully owned subsidiary, Elbit Systems - Cyclone Ltd., has been awarded a contract by Lockheed Martin. The contract involves the manufacture of forward equipment bay assemblies for the F-35 stealth jets. The contract will be carried out over a period of four years, during which Elbit Systems will deliver more than 1,400 components to Lockheed Martin.
Partners
growth-positive
Elbit Systems wins US Marines night sight deal
Elbit Systems of America, a subsidiary of Israeli defense electronics company Elbit Systems Ltd., has been selected by the US Marine Corps to develop a multispectral, clip-on weapon night sight. The sight will enable the Marines to engage in day and nighttime operations at extreme distances. The selection is part of Phase II of the Integrated Clip-on Advanced Targeting Sight (ICATS) program, which will require Elbit to design, build, and test two ICATS prototypes for the USMC over the next year.
Partners
growth-positive
Elbit Systems wins $79m US Bradley deal
Israeli defense electronics company Elbit Systems Ltd. has announced that its US subsidiary, Elbit Systems of America, has been awarded a contract by the Defense Logistics Agency Land to supply the US Army with gunner hand stations, commander hand stations and circuit cards for the Bradley Infantry Fighting Vehicle. The contract has a maximum value of up to $79 million and will be performed over five years. An initial purchase order of $26 million has been issued, followed by a second purchase order of $12 million.
CustomersPartners
growth-positive
Elbit wins South Asian naval training systems deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $27 million contract to supply air-to-air combat training systems for the navy of a South Asian country. The contract will be performed over a two-year period, followed by three years of availability-based maintenance. Elbit will supply EHUD Air Combat Maneuvering Instrumentation (ACMI) systems, which offer advanced air-to-air combat training capabilities. The systems are currently operated by numerous Air Forces across four continents, including several NATO countries.
Customers
growth-positive
Elbit integrates drone into unmanned sea vessel
Israeli defense electronics company Elbit Systems Ltd. is extending the operational capabilities of the Seagull Unmanned Surface Vessel (USV) beyond Anti-Submarine Warfare (ASW) and Mines Countermeasure (MCM). Trials have integrated a mini-Unmanned Aerial System (UAS) onboard the Seagull USV, enhancing its intelligence gathering capabilities. The shipborne mini-UAS is capable of point water recovery and a takeoff weight of up to 15 kilograms. The visual feed generated by the mini-UAS can be transmitted to the land based control unit of the Seagull USV and to the Combat Management System of additional vessels.
Expand
growth-positive
Elbit Systems awarded $53m Asia naval intelligence deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $53 million contract to provide and integrate intelligence suites on naval vessels for a southeast Asia country. The contract, which will be performed over two years, involves equipping several vessels with suites that enable complex reconnaissance missions. Elbit Systems will also supply and integrate comprehensive suites comprised of systems from across its maritime portfolio. The company will also provide training services.
CustomersExpand
growth-positive
Elbit Systems wins $38m T-6 Israel Air Force deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $38 million contract by Israels Ministry of Defense. The contract involves providing operation, maintenance, and logistic services for the Israel Air Forces Textron T-6 trainer aircraft fleet. The contract will be executed over five years, with an option for an additional five years. This follows a decade of Elbit Systems providing similar services for the T-6 fleet. The company also provides logistic services and training technologies to two other fleets of the IAF Flight Academy.
CustomersPartners
Growth-Negative
Elbit Systems Announces Resignation of Its External Director, Moshe Kaplinsky
Elbit Systems Ltd. announced that Mr. Moshe Kaplinsky, who was elected as an External Director of the Companys Board of Directors in March 2020, has resigned. The reason for his resignation was to avoid any potential conflict of interests due to his recent nomination as the CEO of Oil Refineries Ltd. (Bazan). The Company has accepted Mr. Kaplinskys resignation and thanked him for his contribution. The Company has provided Nasdaq with a notice that it would be temporarily out of compliance with Nasdaq Listing Rule 5605(b)(1) requiring that Independent Directors constitute a majority of the Companys Board.
Management Changes
growth-positive
https://www.jpost.com/israel-news/president-reuven-rivlin-visits-israeli-defense-contractor-elbit-systems-630247
Israeli President Reuven Rivlin visited defense contractor Elbit Systems Land Division complex, where he was updated on the new technologies the company is developing. Elbit Systems is currently working on technologies to manage the coronavirus outbreak, including portable ventilators for field-based medical teams and advanced communications systems for hospitals. Rivlin praised Elbit as an asset to Israel’s security and a shining example of Israeli creativity and innovation.
Customers
growth-positive
Elbit Systems wins $103m EW contract in Asia
Elbit Systems Ltd. has secured a $103 million contract to provide electronic warfare systems for helicopters of an air force in an unnamed Asian country. The contract, which includes long-term logistical support, will be carried out over three years. Elbit Systems has recently won contracts with the US Air Force and the German Ministry of Defense. The company is traded on the Tel Aviv Stock Exchange and on Nasdaq with a market cap of $5.7 billion.
CustomersInvestment
growth-negative
Elbit Systems puts 300 on unpaid leave
Elbit Systems Ltd., an Israeli defense electronics company, has placed 300 of its 12,000 employees on unpaid leave due to the COVID-19 pandemic. This follows other measures such as staff reductions and compulsory vacations. The employees affected come from all divisions and plants of the company, excluding production and assembly workers who operate in shifts around the clock. The employees put on unpaid leave are primarily from the companys head office and those whose jobs involve travel abroad and working at customers sites.
Layoffs
growth-positive
Elbit wins Swiss Army tactical reconnaissance deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $15 million contract from the Swiss Federal Office for Defense Procurement (Armasuisse) to provide command and control (C2) systems for the Tactical Reconnaissance System (TASYS) of the Swiss Armed Forces. The contract will be performed over a three-year period. Elbit Systems will provide the reconnaissance battalions and forward observers of the Swiss Army with C2 systems that improve target acquisition, prioritizing and data dissemination capabilities.
CustomersPartners
growth-positive
Elbit Systems Awarded $20 Million in Contracts to Upgrade Hermes 900 UAS of Latin American Customers
Elbit Systems Ltd. has been awarded two contracts worth approximately $20 million to upgrade the capabilities of their Hermes 900 Unmanned Aircraft Systems (UAS) for Latin American customers. The company will integrate satellite communication systems and automatic takeoff and landing systems into the UAS. This upgrade will extend the operational range to over 1000km and enable autonomous takeoff and landing, independent of GPS reception. The contracts will be executed within a 12-month period.
CustomersExpand
growth-positive
Elbit Systems to produce LifeCan Medical ventilators
Israels Ministry of Defense, the Directorate for Defense R&D (DDRD) and the Ministry of Health have chosen defense electronics company Elbit Systems Ltd. to set up a production line to manufacture thousands of LifeCan One ventilators. The ventilators, based on technology developed by LifeCan Medical, will help medical centers provide initial stage respiration care to a larger number of patients with less severe respiration conditions. Elbit Systems Land Division and Life Can Medical worked together to map all aspects involved in turning the working prototype into a production ready device.
PartnersExpand
growth-positive
Coping With the Coronavirus, Rambam Healthcare Campus in Israel Joins Forces With Elbit Systems to Deploy a Management & Control Technology
Rambam Healthcare Campus in Haifa, Israel has started using EX-TEAMS, a cellular-based management and control system developed in partnership with Elbit Systems. The system, based on Elbits Command & Control technology, has been repurposed for managing and controlling medical workforce and patients. The system has been installed on the personal cellular handsets of 100 medical professionals who provide care to coronavirus patients, with plans to extend the deployment to over 1,000 employees. The system allows for efficient allocation of workforce and assets, rapid deployment of emergency teams, and maintains security and medical confidentiality.
PartnersExpand
Growth-Positive
Elbit Systems Announces the Results of its Extraordinary General Meeting of Shareholders Held on March 17, 2020
Elbit Systems Ltd., an international high technology company, announced the election of Mr. Moshe Kaplinsky as an External Director of the company for a first three-year term. The decision was made at the Extraordinary General Meeting of Shareholders held on March 17, 2020. Elbit Systems operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions.
Management Changes
growth-positive
Elbit Systems U.S. Subsidiary Awarded a Contract by the U.S. Air Force to Supply Missile Warning Systems
Elbit Systems Ltd. has been awarded a contract by the U.S. Air Force to equip F-16 aircraft with infrared missile warning systems. The contract, which has a ceiling of approximately $471 million over a 10-year period, was given to Elbits subsidiary, Elbit Systems of America LLC. The contract includes an initial order valued at approximately $17 million. The work will be performed in Fort Worth, Texas.
CustomersInvestment
growth-positive
U.S. Air Force Awards Elbit $472 Million Contract for F-16 Infrared Missile Warning System
Israeli defense contractor Elbit Systems, through its subsidiary Elbit Systems of America, has been awarded a 10-year $471.6 million contract by the U.S. Air Force. The contract is for providing an infrared missile warning system for F-16 aircraft. The system, already in use by the Israeli Air Force, can detect a missile launched at an aircraft and alert the pilot to engage in evasive maneuvers. The system will be manufactured and customized for the U.S. air force in Elbits Fort Worth, Texas facility.
CustomersInvestment
growth-positive
Elbit mulls setting up Yeruham engineering center
Israeli defense electronics company Elbit Systems Ltd. is considering establishing an engineering center in the Negev town of Yeruham. The company is cooperating with the Yeruham City Council and Yeruham Mayor Tal Ohana. The center will initially employ 20 engineers, and will be expanded later. Elbit Systems is already a major employer in southern Israel, with operations in Ashkelon, Sderot, Arad, Beersheva, and Ramat Beka in the Negev. The company will hold a 48-hour hackathon with 60 engineers and 30 high school technological entrepreneurship students participating.
InvestmentExpand
growth-positive
Elbit wins F-35 video data link deal
Elbit Systems of America, a unit of Israeli defense electronics company Elbit Systems Ltd., has been chosen by Cubic Mission Solutions to design, develop and manufacture the Full Motion Video Data Link (FMVDL) amplifier module for the communications suite of the F-35 Lightning II aircraft. The amplifier module will enhance the aircrafts advanced sensor suite by providing increased situational awareness to both airborne and ground forces. Elbit Systems of America has previously supplied a variety of components for the F-35.
Partners
growth-positive
Elbit wins $670m Asia Pacific defense solutions deal
Israeli defense electronics company Elbit Systems Ltd. has won a $670 million contract to supply defense solutions to a country in the Asian Pacific region. This brings the total contracts won by Elbit Systems this year to over $1 billion. The company is controlled by Michael Federmann with a 44.3% share and is dual-listed on Nasdaq and the TASE with a $6.9 billion market cap. The companys revenue in the first nine months of 2019 was almost $3.2 billion.
CustomersPartners
growth-positive
Elbit wins $136m Asian airborne laser deal
Israeli defense electronics company Elbit Systems has been awarded contracts worth $136 million to provide customers in Asia-Pacific with airborne laser Direct Infra-Red Counter Measure (DIRCM) systems. The systems will be delivered over a four-year period. Under the terms of the contracts, Elbit Systems will equip fleets of Airbus and Boeing aircraft with DIRCM systems from the MUSIC family, including the companys infra-red missile warning systems.
CustomersPartners
growth-positive
Israeli HyDrop technology fights fires from above
Israeli defense contractor Elbit Systems has developed a high-altitude, high-precision aerial firefighting solution called HyDrop. The system allows for firefighting operations to continue even in poor visibility conditions or at night. During a recent demonstration, two aircraft from the Israeli Fire Fighting Squadron used the HyDrop system to extinguish a burning field from 500 feet, four times higher than the average altitude of firefighting sorties. The HyDrop system includes a pellet manufacturing machine that can produce up to 10 tons of pellets per hour for continuous use during fires.
Customers
growth-positive
Israeli Defense Contractor Elbit Successfully Tests Aerial Firefighting Technology
Israeli defense contractor Elbit Systems Ltd. has successfully demonstrated its aerial firefighting technology, HyDrop. The demonstration was led by the Israel Fire and Rescue Authority and involved two aircraft extinguishing a fire from an altitude of approximately 152 meters, four times higher than standard aerial firefighting operations. HyDrop is an automated water pellet producing and dispersing system that can be installed on various types of aircraft. The technology could allow for aerial firefighting to be carried out throughout the day and night.
Customers
growth-positive
Elbit wins Finnish tank ammunition deal
Elbit Systems subsidiary IMI Systems has been selected by the Finnish Ministry of Defense to provide the Finnish Army with the M339, a NATO compliant 120mm High Explosive Multi-Purpose ammunition, and Data Setting Units, for its Leopard 2 Main Battle Tanks. The selection was made following competitive testing by the Finnish Defence Forces. The M339 is suitable for all NATO 120mm smooth bore gun MBTs and complies with NATO STANAG requirements.
CustomersPartners
growth-positive
Elbit wins $31m Israeli army Iron Fist deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $31 million contract from the Israeli Ministry of Defense. The contract is for the provision of Iron Fist Active Protection Systems to protect the Israel Defense Forces Eitan Armored Fighting Vehicles. The contract will be performed over five years. The Iron Fist system uses optical sensors, tracking radar, launchers and countermeasure munitions to defeat threats at a safe distance.
CustomersPartners
growth-positive
Elbit wins $144m IDF ammunition contract
Elbit Systems has been awarded a $144 million ammunition contract by the Israeli Ministry of Defense. The contract will be a continuation of the existing multi-year contract and will ensure the continued supply of ammunition to the Israeli Defense Forces. The work will be performed over five years at Elbits Nof Hagalil factory, which was acquired by the company in 2018. The contract demonstrates growth-positive impact on the company.
Customers
growth-positive
Elbit wins $65m Dutch army wearable tech deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $65 million follow-on contract from the Dutch Ministry of Defence. The contract is part of the VOSS program for improved operational soldier systems and will be performed over a two-year period. Elbit Systems will supply additional wearable equipment consisting of soldier Load Carriage and Protection (LCP) systems. The company is also providing the Dutch army with man-pack E-LynX Software Defined Radio systems, RAPTOR wearable computing units, Command and Control capabilities, and vehicle systems.
PartnersInvestment
growth-positive
Elbit Systems Receives $33 Million Payment in Settlement of Patent Infringement Litigation
Elbit Systems has received a $33 million payment as a settlement for a patent infringement lawsuit against Hughes Network Systems. The settlement agreement was reached in the U.S. Federal Courts and the payment represents the full and final settlement. Elbit Systems is an international high technology company engaged in defense, homeland security, and commercial programs. The company operates in various areas including aerospace, land, and naval systems, command and control, communications, and more. Elbit Systems focuses on developing new technologies and providing support services.
LegalPartners
Israeli Defense Contractor Elbit Successfully Launches its First Nanosatellite
growth-positive
Elbit to develop targeting system for US Marines
Elbit Systems of America, a unit of Israeli defense electronics company Elbit Systems Ltd., has been selected by the US Marine Corps Systems Command (MCSC) to develop a prototype of the Next Generation Hand-Held Targeting System (NGHTS). The NGHTS solution includes rugged laser designators, precision azimuth sensors, high performance day and night imaging systems and more. The prototype solution consolidates the components of previous USMC targeting systems into a single, ergonomic package.
Customers
growth-positive
Elbit Systems wins $35m Montenegro deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $35 million contract to supply the Montenegrin Armed Forces with Remote Controlled Weapon Stations (RCWS) for the new Oshkosh Defense 4X4 Joint Light Tactical Vehicles. Elbit Systems will perform full integration of the RCWS onboard, the JLTV over a three-year period and will provide logistic support for a seven-year period. The RCWS offers accurate firing on-the-move and is operated via handles and Smart Displays by the gunner from within the vehicle.
CustomersPartners
growth-positive
Elbit Systems Introduces MAGNI, a Vehicle-Launched Multi-Rotor Micro-Drone
Elbit Systems is launching MAGNI, a fully autonomous Multi-Rotor Vertical Take-Off and Landing (VTOL) Unmanned Aerial System (UAS). The lightweight system can be rapidly deployed and launched from any combat vehicle, transforming it into an effective intelligence gathering platform. The system includes a thermal payload, a communications suite, an automatic coordinate tracking capability, and a built-in interface with Battle Management Systems. It can carry up to 350gr of payloads, offers a range of up to 3km, a maximum operational altitude of 4000ft and 30 minutes of endurance.
Expand
growth-positive
Elbit Systems wins $50m contract with Portugese Air Force
Elbit Systems Ltd. has won a contract worth approximately $50 million from the Portuguese Ministry of Defense. The contract involves supplying the Portuguese Air Force with a complete Electronic Warfare (EW) suite and Customer Logistics Support for the new KC-390 multi-mission aircraft. The contract will be performed over a five-year period. This follows Elbits recent win of a competitive tender to supply advanced communications systems to the Swiss military.
CustomersPartners
growth-positive
Elbit wins $300m Swiss army tactical software radio deal
Israeli defense electronics company Elbit Systems Ltd. has been selected by the Swiss Federal Department of Defense, Civil Protection and Sport to provide the Swiss Armed Forces with a tactical Software Defined Radio (SDR) solution. The contract is part of the Telecommunications Armed Forces (TK A) program and is subject to Swiss parliamentary approvals. Reports suggest the deal is worth between $250-300 million. The solution will be based on the open architecture E-LynX SDR family.
CustomersPartners
growth-positive
Elbit wearable tech digitalizes the battlefield
Israeli defense electronics company Elbit Systems Ltd. is introducing its new wearable technology, the DOMINATOR warrior combat suite, at the international Defence and Security Exhibition in London. The suite includes a visor, night vision goggles, a wrist-mounted computer and gunsight, and uses augmented reality technology to help soldiers identify targets as friend or foe. The company hopes to secure a sale with the British army.
CustomersExpand
Elbit Nabs $153 Million Contract With Southeast Asian Army
Elbit Signs $500 Million Contract With U.S. Air Force
growth-positive
Elbit Systems introduces Vehicular Anti-Drone Protection and Neutralization System
Elbit Systems has introduced the ReDrone Vehicular Tactical System, a vehicle-based version of its operational anti-drone protection and neutralization system. The system can detect, identify, and neutralize all types of drones within a several kilometer radius, providing 360-degree protection for any vehicle. The system is suitable for stationary or mobile operations in any weather conditions, day or night. The ReDrone Vehicular Tactical System can operate automatically or manually, and its open architecture allows for full data flow to the vehicle control system and effective interfacing with command and control centers.
Customers
growth-positive
Elbit Systems UK Subsidiary Awarded $38 Million Contract From the UK MoD to Supply Joint Fires Synthetic Training Systems (JFST)
Elbit Systems UK Ltd., a subsidiary of Elbit Systems Ltd., has been awarded a contract worth approximately $38 million by the UK Ministry of Defence. The contract involves supplying comprehensive Joint Fires Synthetic Training (JFST) systems to the British Army. The systems will be supplied over a period of two years, after which Elbit Systems UK will provide an additional four years of maintenance, technical support, and on-site training. The JFST systems will be used to train mounted and dismounted Joint Fires teams and Joint Fires Cells, and will also support exercises for reserve forces and teams deployed at sea.
CustomersPartners
growth-positive
Israeli Defense Contractor Elbit Establishes Swiss Subsidiary
Israeli defense contractor Elbit Systems Ltd. has announced the establishment of a subsidiary, Elbit Systems Switzerland AG, based in Bern, Switzerland. The aim of the subsidiary is to enhance collaborations with Swiss tech companies and set up a local development center. Elbit Systems Ltd., established in 1966, operates in a variety of military-oriented and technological domains, including command and control systems, unmanned aerial vehicles, surveillance, and land and naval systems. The company employs around 12,500 people worldwide.
ExpandPartners
growth-positive
Elbit's Iron Fist wins $250m Israel Defense Ministry deal
Israeli defense electronics company Elbit Systems Ltd. has won a tender to supply protective systems for the new Eitan armored fighting vehicle (AFV) and for D-9 IDF bulldozers to the Ministry of Defense. The contract is estimated to be worth $250 million over a decade. The Iron Fist system, developed by Elbit Systems Land Systems-IMI, was chosen over a system developed by local rival Rafael Advanced Defense Systems Ltd. The Iron Fist system was originally developed by IMI Systems, which was privatized and sold to Elbit Systems 18 months ago.
CustomersAcquisition
growth-positive
Elbit wins US Navy color helmet display deal
Elbit Systems Ltd., an Israeli defense electronics company, has announced that its US unit, Elbit Systems of America LLC, has been awarded a contract by the US Navy. The contract is for the supply of components of the Color Helmet Mounted Display System of the CV-22 aircraft. The contract amount is not material to Elbit Systems and is expected to be completed by October 2020.
CustomersPartners
growth-positive
Elbit wins $80m Asian tank upgrade deal
Israeli defense electronics company Elbit Systems Ltd. has been awarded an $80 million contract to upgrade tanks and supply radio systems for an army in a South East Asian country. The contract will be performed over a period of 32 months. The company will supply fire control systems and electric gun and turret drive systems for tanks and advanced radio systems from the E-LynX family in several configurations.
CustomersExpand
Elbit Systems launches CONDOR MS system for stand-off intel gathering
growth-positive
Elbit Systems Awarded $50 Million Aircraft Part Supply Contract
Elbit Systems Ltd., a defense contractor listed on Nasdaq and Tel Aviv, announced that its subsidiary, Elbit Systems-Cyclone Ltd., has been awarded a contract worth approximately $50 million from an undisclosed customer in North America. The contract involves the supply of structural aircraft parts over a period of six years. Elbit specializes in electro-optical systems, command and control systems, and unmanned aerial vehicles. In 2018, the company reported revenues of $3.68 billion and completed the acquisition of state-owned arms manufacturer Israeli Military Industries (IMI) Systems Ltd. for NIS 1.8 billion ($484 million).
CustomersAcquisition
growth-positive
Elbit nears $180m Philippines drone deal
Israeli defense electronics company Elbit Systems Ltd. is reportedly close to finalising a $180 million deal with the Philippines army for the supply of various types of unmanned aerial vehicles (UAVs). The UAVs will be used for intelligence gathering, patrols, and border defense missions. The deal follows a $160 million contract last year for the supply of Hermes 450 UAVs. Elbit Systems has also begun upgrading dozens of M-113 armored personnel carriers used by the Philippines army.
CustomersPartners
growth-positive
Elbit Nabs $127 Million Contract With South Asian Country
Elbit Systems Ltd., a defense contractor listed on Nasdaq and Tel Aviv, has been awarded a $127 million contract to supply vehicular tactical radio systems to the army of an undisclosed country in South Asia. The contract is for a three-year period. The radios Elbit will be supplying include several configurations for integration onto a range of armored vehicles and tanks at the battalion and company levels. Elbit and its subsidiaries operate in a variety of military-oriented and technological fields, including aerospace, surveillance, and land and naval systems.
CustomersInvestment
growth-positive
Elbit, Finland's DA-Group Partner to Manufacture and Market Secure GPS System
Israeli defense contractor Elbit Systems Ltd. has entered into a partnership with Finland-based electronics company DA-Group Ltd. As part of the agreement, DA-Group will manufacture and market Elbit’s secure GPS antenna system, iSNS, which is compatible with land, sea, and airborne applications. The financial terms of the deal were not disclosed.
Partners
growth-positive
Elbit Security Systems: Advanced Solutions for Critical Infrastructure Security - iHLS
Elbit Systems, an Israeli company, is providing solutions for Critical Infrastructure Protection (CIP) to protect national critical infrastructures. The companys subsidiary, Elbit Security Systems (ELSEC), offers a multi-layered security solution for airports, seaports, and critical infrastructure. The solution includes a Command & Control application for integrative security management. ELSECs solution relies on military experience but is tailored to the civilian market. The company has been involved in various projects, including securing the Israeli railway system, Haifa port, and airports around the globe. In 2019, ELSEC was awarded a $15 million contract from Energean Israel to supply a comprehensive solution for the offshore Karish-Tanin gas fields.
CustomersPartners
growth-positive
Elbit US unit buys Harris Night Vision for $350m
Elbit Systems of America, LLC, a subsidiary of Elbit Systems Ltd., has signed an agreement to acquire Harris Night Vision, a developer, producer, and supplier of night vision technology for the US and allied military and security forces. The deal, worth $350 million, is contingent on the completion of Harriss proposed merger with L3 Technologies, Inc., as well as customary closing conditions, including receipt of regulatory approvals.
Acquisition
growth-positive
Israeli group Elbit Systems to open its 4th factory in Romania near the most powerful laser in the world - Business Review
Israel-based defence group Elbit Systems is set to open its fourth factory in Romania. The new factory, located in Magurele, will produce and integrate equipment for ground forces. Elbit Systems will equip Romanias Piranha V armored 8X8 vehicles with an ELBIT UT-30 turret with a 30 mm cannon. Other versions will have an Elbit remote turret with a 12.7 mm gun. Romania has purchased 227 Piranha V from US company General Dynamics.
ExpandPartners
growth-positive
Elbit Systems wins $167m Asia-Pacific deal
Elbit Systems Ltd., an Israeli defense electronics company, has been awarded a $167 million contract from an undisclosed Asia-Pacific country. The contract is for the supply of a comprehensive aerial Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) solution and will be performed over a 20-month period. Elbit Systems CEO, Bezhalel Machlis, expressed optimism about the companys growth potential in this area.
Customers
growth-positive
Elbit to acquire IMI Systems next week for NIS 1.9b
Elbit Systems Ltd. is set to acquire IMI Systems Ltd. from the state for NIS 1.9 billion ($0.5 billion) next week. The acquisition has been pursued by Elbit Systems for three years, with other potential buyers withdrawing from the tender. The merger will give Elbit Systems a foothold in spheres it has previously only dreamed about, such as precision rockets and cruise missiles. The merger process is likely to be slow and lengthy, with the first months spent on thorough study of the companys activity. IMIs 2,700 employees will become employees of Elbit Systems overnight.
AcquisitionExpand
growth-positive
Elbit Systems wins $85m contract in Europe
Elbit Systems Ltd. has been awarded an approximately $85 million contract from a European country to supply a range of advanced ground-based Electronic Warfare (EW) and Signal Intelligence (SIGINT) systems. The contract will be performed over a four-year period. Elbit Systems EW and SIGINT - Elisra general manager Edgar Maimon expressed pride in the contract award, citing it as proof of the companys technological and operational advantage.
Customers
growth-positive
Elbit Systems wins $46m NATO aircraft protection contract
Elbit Systems has been awarded a $46 million contract to supply additional J-Music DIRCM self-protection systems to NATO for its Airbus A330 Multinational Multi-Role Tanker Transport Fleet Program. The contract will be performed over a four-year period. This follows several previous awards from global air forces and other customers. Elbit Systems will equip NATO’s Airbus A330 tankers with the J-Music DIRCM systems along with its Infra-Red-based Passive Airborne Warning Systems.
Partners
Israel's Elbit to split civilian cyber from spyware as products diverge
growth-positive
Elbit Systems wins $20m African Gulfstream deal
Israeli defense electronics company Elbit Systems has been awarded a contract worth over $20 million to equip a VIP Gulfstream G650 aircraft with its J-MUSIC Directed Infrared Countermeasure (DIRCM) system. The system will include Elbits advanced Infrared based Passive Airborne Warning System (IR PAWS). The contract, awarded by an African-based customer, will be performed over a one-year period.
CustomersInvestment
Elbit's Cyberbit hones military technology for commercial market
growth-negative
Elbit Systems' Elop unit hit by strike
Elbit Systems Ltd., a company that is currently trying to buy Israel Military Industries from the state, is facing a labor dispute at home. 1,300 employees at its subsidiary Elop went on strike at the companys offices in the Rehovot Science Park. The Histadrut (General Federation of Labor in Israel) declared a labor dispute at the company a month ago. The Histadrut claims that Elops management has hurt organized labor at the company, saying that it used destructive employment methods.
CustomersManagement Changes
growth-positive
Elbit Systems wins $200m Swiss drone contract
Elbit Systems has won a $200 million contract from the Swiss Federal Department of Defense, Civil Protection and Sport (DDPS) to supply its Hermes 900 HFE Unmanned Aircraft Systems (UAS) and an advanced ground segment for command, control and communications. The contract will be performed over a four-year period and follows the DDPSs June 2014 announcement about Elbit Systems selection as the preferred supplier for the UAS 15 new reconnaissance drone program.
CustomersPartners
growth-positive
Elbit Systems awarded $70m homeland security contract
Israeli defense electronics company Elbit Systems Ltd. has been awarded a $70 million contract from a Latin American customer. The contract is for the supply of intelligence integrated systems for homeland security applications. Under the contract, Elbit Systems will provide the customer with Hermes 900 UAS systems and an intelligence gathering system within less than a year.
Customers
growth-positive
Elbit launches helmet-mounted pilot monitor
Elbit Systems Ltd. has launched a new safety device for aircraft pilots called Canary. The device is an integrated physiological monitoring device that provides real-time alerts in case of in-flight life-threatening situations. In extreme cases, such as hypoxia or loss of consciousness, a warning will appear, either as an audio-visual alert on the pilots Helmet Mounted Display (HMD) or via the aircrafts mission computer using the HMD interfaces. The alert will allow the pilot to react before losing consciousness or, in case the pilot is unable to operate the aircraft, facilitate recovery of the pilot and the aircraft by engaging the auto pilot.
Partners
growth-positive
Elbit to unveil helicopter night attack solution
Elbit Systems Ltd. is set to launch a range of innovative next-generation systems and capabilities at the upcoming 51st Paris Air Show. These include BrightNite, a solution that enables utility helicopters to perform Degraded Visual Environment (DVE) missions in more than 90% of the nights. Other new capabilities include Digital JHMCS, a lightweight head-mounted display provided by RCEVS, a joint venture with Rockwell Collins, and the Skylark I-LEX, a new generation of the legacy Skylark I-LE mini-UAS. The company will also launch an aircraft self-protection system, the Air Keeper EW & SIGINT Solution.
CustomersPartners
Elbit Receives $12.7M Contract For US Army Apache Helmets
Elbit Systems Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 7506 |
| Team members | 4 |
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Elbit Systems Internal
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Admin Info
| Confidence | 90/100 |
| Missing | founding month, funding rounds, markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 520027509 |
| Crunchbase | elbit-systems |
| Phone | +97248315315 |
| Creator | Katie Kaplan |
| Creator email | katherinekaplan14@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-04-15T00:00:00.000Z |
| Created | 2014-07-14T00:00:00.000Z |
| Status detail | Public on NASDAQ on Jan, 1996; |