Category: Elbit
-
Prioritizing Israel creates problems for Elbit Systems
•
During the war, the Israeli Ministry of Defense contacted local defense companies, large and small, and asked them to transfer supplies to other countries in favor of the war effort. Two senior defense officials “Globe” said that unlike other countries, the Philippines did not accept the sympathetic demands of the…
-
Elbit awarded $100m European digital firing deal
•
An Israeli electronic defense company Elbit Systems Ltd. (Nasdak: Eslt;; level:EsltContracts of $ 100 million have been granted by a European country to provide a national center for a joint digital firefighting (JNDFC) and to integrate the client’s strategic and tactical customer launch platforms into JNDFC. Under the new contracts,…
-
Israel’s Defense Ministry awards Elbit $80m F-16 protection deal
•
An Israeli electronics company for defense Elbit Systems Ltd. (Nasdak: Eslt;; level:EsltA $ 80 million contract was granted by the Israeli Ministry of Defense for Defense and Initial Installation of the Air Advanced Self-Protection Group on the F-16I fleet. Elbit Systems already provides a group of defense systems for different…
-
Elbit wins $60m European counter drone deal
•
The modular, multi-sensor, multi-mission ReDrone system is part of Elbit’s advanced EW, Radars and SIGINT portfolio. Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) has been awarded a contract worth approximately $60 million to supply its layered counter-unmanned aerial systems (C-UAS) to a NATO country. The contract will…
-
Elbit wins German army PULS artillery system tender – report
•
The German military continues its extensive defense procurement in Israel and has selected PULS rocket artillery systems manufactured by Elbit Systems, after intense competition from an American competitor, Defense News reported this week. According to the report, the German Parliament has approved the first tranche of €65 million for the…
-
Danish media campaign seeks to torpedo Elbit deal
•
Recent months have seen a widespread campaign in the Danish media against a $250 million deal signed between the Israeli defense electronics company Elbit Systems and the Danish army to supply artillery and rocket launchers. Although the deal was signed at the beginning of 2023 and the first batches have…
-
Defense Ministry awards Elbit $130m communications deal
•
The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
-
Defense Ministry awards Elbit $130m communications deal
•
The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
-
Defense Ministry awards Elbit $130m communications deal
•
The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
-
Elbit Systems wins $175m orders from European NATO country
•
Elbit Systems (TSX: ESLT, Nasdaq: ESLT) announced today that it has won two contracts worth a total of $175 million (NIS 620 million) to supply EW (electronic warfare) and DIRCM (directed infrared countermeasures) self-protection systems. Wings of a European country in NATO. The contracts will be implemented over a period…
-
Elbit Systems orders backlog grows to record $22b
•
Defense company Elbit Systems (TASE: ESLT, Nasdaq: ESLT) announced another record order backlog at the end of the third quarter: $22.1 billion, representing growth of $1 billion during the quarter. Quarterly revenues increased by 14.3% compared to the corresponding quarter in 2023, reaching $1.7 billion. In the first nine months…
-
Elbit Systems orders backlog grows to record $22b
•
Defense company Elbit Systems (TASE: ESLT, Nasdaq: ESLT) announced another record order backlog at the end of the third quarter: $22.1 billion, representing growth of $1 billion during the quarter. Quarterly revenues increased by 14.3% compared to the corresponding quarter in 2023, reaching $1.7 billion. In the first nine months…
-
Elbit Systems wins $127m follow-on APS order for US Army
•
The order from General Dynamics Ordnance and Tactical Systems is for the supply of the Iron Fist active protection system for Bradley M2A4E1 infantry fighting vehicles. Elbit Systems (TSX: ESLT, Nasdaq: ESLT) has been awarded a follow-on contract worth approximately $127 million to supply… Iron fist active protection systems (APS)…
-
Elbit CEO: Some investors bowed to political pressure
•
Demand for defense technology products Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTThis can be seen in the order backlog, revenue and profit growth. Elbit ended the second quarter of 2024 with an order backlog of $21.1 billion, up 31% from the same quarter in 2023. Revenue in the second quarter was…
-
Elbit wins $340m Israeli MoD ammunition deal
•
Israeli defense technology company Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTElbit Systems announced today that it has been awarded a contract worth approximately $340 million to supply ammunition to the Israeli Ministry of Defense. The contract will be executed over a period of 10 years. Elbit Systems will establish a manufacturing…
-
Philippine army test fires Elbit tanks
•
A battalion of the Philippine Army Armored Corps has completed its first test training with the Sapra light tank, with a 105mm main gun, manufactured in Israel by Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTA live-fire drill was conducted at the Ernesto Rabina Air Base target range in Tarlac province, part…
-
Elbit Systems: Record orders, cash flow still negative
•
Defense company Elbit Systems (TASE: ESLT; Nasdaq: ESLT) continues to break records with its order backlog, which totaled NIS 20.4 billion at the end of the first quarter, $2.6 billion (14.6%) more than at the end of 2023, This is $4.6 billion (29%) more than at the end of the…
-
Elbit Systems conundrum: Rising orders, falling stock
•
Defense budgets around the world are rising, and defense companies are benefiting from the growing demand for their products. Elbit Systems (TASE: ESLT, Nasdaq: ESLT) also continues to report large contracts. Its backlog of purchase orders reached a record $17.8 billion at the end of last year, and just this…