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Elbit

War means revenue: Elbit’s defense sales surge to nearly $7B amid European rearmament

Israeli defense contractor Q4 revenue up 19% and order backlog rises by $5 billion; with strong demand in Europe due to perceived Russian aggression and IDF operations in Gaza, profits soar 30%, reaching $400 million in 2024

Navit Zomer | 03.18.25

Elbit to provide digital fire command system to European country in $100 million deal

The system enables real-time, coordinated command of all firepower units — artillery, rockets, and more — rather than operating them individually; It was first tested by the IDF across all fronts during the Gaza war

Navit Zomer | 02.10.25

הרחפן "אדמדם" של צה"ל שמביא מנות דם לשדה הקרב

Like Amazon: Israeli drones to deliver blood transfusions to field in war

Elbit's Tzur drone trials to begin pilot program in Gaza; drone can deliver 5-6 transfusions in minutes cutting critical time needed to save lives

Yoav Zitun | 01.28.25

Elbit to supply Air Force with electronic warfare systems worth $80 million

Israeli defense company set to supply military with self-defense suites made for F-16I Sufa fighter jets aimed to combat a variety of threats

Navit Zomer | 01.27.25

No more favors from Uncle Sam: Elbit to manufacture munitions for IDF

Israel’s Defense Ministry signs a massive deal with Elbit Systems to produce heavy air munitions and establish a national raw materials facility; The agreements aim to strengthen domestic defense manufacturing and reduce reliance on foreign imports

Navit Zomer | 01.07.25

Elbit Systems wins $60 million contract for counter-drone solutions

Israeli firm to provide ReDrone counter-UAV system to NATO country; system, integrating radar, SIGINT and electro-optics, detects, classifies and neutralizes drones, tackling escalating global threat of unmanned aerial vehicles

Ynet | 01.06.25

Elbit drone sale to Switzerland faces delays, technical failures

Switzerland’s $256 million drone deal with Elbit Systems faces delays, technical failures, and escalating costs; Despite promises of advanced technology, autonomous flight amid challenging Swiss terrain remain unresolved; Swiss doubt feasibility, value

Daniel Bettini | 01.05.25

Israeli defense stocks outpace market by 400% amid war

Since October 7 war began, shares of 16 defense firms on Tel Aviv Stock Exchange jump average of 120%; despite Elbit Systems’ market cap being 3 times larger than all others combined, it recorded sector’s lowest return, tied to order backlog growth

Yaniv Rahimi | 12.16.24

Greece to buy artillery systems from Israel and drones from US, officials say

Athens in talks on a $630-$735 million deal to purchase Elbit's PULS rocket artillery system, as deal also includes the construction of components in Greece

Reuters | 12.13.24

Elbit Systems sees 30% hike in sales in Q3 2024

Israeli defense firm's net profit soars to $100 million, exceeding forecasts; company attributes success to high quality of weapons systems and country's needs in war

Navit Zomer | 11.19.24

Elbit Systems inks $335 million deal to supply defense systems to European country

Israeli defense contractor will supply two of its flagship products - PULS rocket launchers and Hermes 900 UAVs – to the unnamed country as part of a deal spanning three and a half years

Navit Zomer | 11.18.24

'Macron is losing his way': Israeli companies display at Euronaval exhibition

Several Israeli companies manage to set up stalls in the prestigious arms exhibit following prolonged battle against government-issued ban overturned by French court; officials slam Macron's actions

Tamar Sebok, Paris | 11.05.24

משטרת שבדיה בזירת ירי ליד משרדי חברת אלביט בעיר גטבורג

Swedish police arrest suspected shooter who targeted Israeli defense contractor unit

Police apprehended the suspected shooter targeted a Elbit Systems subsidiary branch in Sweden, no casualties reported in the incident

Itamar Eichner, News Agencies | 10.10.24

IDF places hopes in new laser anti-rocket systems amid expanding war

As Hezbollah continues to target northern and central Israel with rocket and missile barrages, security officials hope to expedite laser system allowing for faster and cheaper interceptions

Yuval Azulay/Calcalist | 10.09.24

Behind the scenes of the IDF’s next-gen artillery

At a northern Israel Elbit facility, the IDF's flagship Sigma howitzer project is progressing, set to replace older artillery units; with a rate of eight shells per minute, it could soon see action; 'We’re seeing remarkable test results; there’s no other fully automated howitzer like it in the world'

Yoav Zitun | 09.07.24