Welcome to our dedicated page for Elbit Sys news (Ticker: ESLT), a resource for investors and traders seeking the latest updates and insights on Elbit Sys stock.
Company Overview
Elbit Systems Ltd is a globally recognized defense technology company that develops, manufactures, and integrates advanced electronic, electro-optic, and sensor-based systems. With a diverse portfolio spanning defense, homeland security, and commercial aviation, the company leverages its deep expertise in defense technology and C4ISR systems to deliver innovative solutions that address the complex challenges of modern warfare and secure aviation operations.
Core Business Areas
At its core, Elbit Systems operates in several key segments:
- Defense and Homeland Security: The company designs and produces integrated command, control, communication, computer, intelligence, surveillance, and reconnaissance (C4ISR) systems. These systems often incorporate advanced unmanned vehicles and high-performance electronic warfare solutions to provide a robust defense against a wide array of threats.
- Upgrades and Modernization: Acting as both a prime and subcontractor, Elbit Systems executes complex upgrade programs for airborne, land, and naval platforms. These comprehensive modernization initiatives transform legacy systems into digitally enabled platforms with enhanced operational capabilities.
- Commercial Aviation: Beyond its defense portfolio, the company also develops and manufactures avionic and aerostructure products for the commercial flight market. This dual-focus underscores its broad technological capability and operational expertise.
- Support and Maintenance Services: The company provides extensive support services, including maintenance instructions and specialized technical assistance, ensuring that customers maximize the lifecycle and performance of their systems.
Technological Excellence and Integration
Elbit Systems is distinguished by its commitment to technological excellence and integration. By fusing state-of-the-art components, from signal intelligence sensors to unmanned aerial systems, the company creates platforms that are resilient, scalable, and adaptable. Its innovative approach to systems integration involves using modular building blocks that allow for rapid customization to meet the evolving requirements of defense and security environments. This methodology not only enhances system performance but also reduces maintenance complexities and operational downtime.
Industry Position and Global Reach
Operating in the competitive landscape of international defense technology, Elbit Systems maintains a significant global presence. The company serves a diverse clientele that includes government agencies, defense contractors, and international security organizations. Its ability to function as both a prime contractor and a key partner in larger programs highlights its flexibility and deep industry expertise. Through continuous investments in research and development, Elbit Systems sustains a robust product pipeline that addresses emerging battlefield challenges while remaining relevant in an ever-evolving security environment.
Quality, Reliability, and Support
Beyond technological innovation, Elbit Systems is committed to providing reliable and high-quality support services. The company partners closely with its customers to ensure systems are maintained effectively, offering technical guidance and on-site support when needed. This unwavering focus on operational readiness and customer service contributes to its reputation as a trusted provider of integrated defense and aviation solutions.
Strategic Value Proposition
The primary value proposition of Elbit Systems lies in its ability to deliver sophisticated and integrated solutions that effectively bridge the gap between cutting-edge technology and practical operational needs. Its comprehensive approach to system design, from initial concept through deployment and ongoing support, makes it an essential player for organizations seeking to enhance their defense and aerospace capabilities.
Conclusion
In summary, Elbit Systems Ltd combines advanced defense technology with proven operational expertise to deliver integrated solutions across a spectrum of markets. Its rigorous focus on innovation, quality, and customer support ensures that it remains a cornerstone in the global defense and commercial aviation industries. The company’s balanced approach to technology and service not only meets current demands but also sets a standard for excellence in systems integration and defense modernization.
Elbit Systems (NASDAQ: ESLT) (TASE: ESLT) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with multiple regulatory bodies including the U.S. Securities and Exchange Commission, the Israel Securities Authority, and the Tel Aviv Stock Exchange. The report was filed on March 20, 2025.
The 2024 Annual Report is now accessible through the company's website at www.elbitsystems.com. Shareholders can also request a complimentary hard copy of the report.
Elbit Systems (NASDAQ: ESLT) reported strong financial results for Q4 and full year 2024, with revenues reaching $6.8 billion, up 14% from 2023. The company achieved a record backlog of $22.6 billion, with 65% from international orders.
Key financial highlights include:
- Non-GAAP net income of $392 million ($8.76 EPS)
- GAAP net income of $321 million ($7.18 EPS)
- Operating cash flow of $534.6 million
Segment performance showed significant growth:
- Aerospace revenues up 27% in Q4
- Land revenues increased 29%
- C4I and Cyber revenues rose 7%
- ISTAR and EW revenues grew 8%
Following the October 2023 conflict, Elbit received over $5 billion in contracts from the Israel Ministry of Defense (IMOD), with continued strong demand for its defense products and solutions.
Elbit Systems (NASDAQ: ESLT) has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, March 18, 2025. The company has scheduled two key events:
1. A financial results conference call at 10:00am Eastern Time, where management will review results and answer questions. The call will be accessible via multiple dial-in numbers across the US, Canada, and Israel, with a live broadcast on the company's website.
2. An investor conference in Israel at 10:00am Israel time (4:00am ET) on the same day, which will be conducted in Hebrew and streamed live on their website.
Elbit Systems (NASDAQ: ESLT) reported strong Q3 2024 results with revenues of $1.7 billion, up from $1.5 billion in Q3 2023. The company achieved a record-high order backlog of $22.1 billion, with 66% from international orders. Non-GAAP net income reached $98.8 million ($2.21 per share), compared to $76.5 million ($1.71 per share) in Q3 2023. Following the October 7 attacks, Elbit experienced materially increased demand from the Israel Ministry of Defense, though some operations faced disruptions due to supply chain constraints and employee reserve duty.
Elbit Systems (NASDAQ: ESLT) has secured contracts worth $335 million to supply defense systems to a European country. The contracts include PULS™ rocket launchers and rockets, along with Hermes™ 900 Unmanned Aircraft Systems equipped with advanced payloads. The implementation period spans three years and six months.
The PULS system offers a versatile solution for launching various munitions, while being adaptable to existing platforms. The Hermes 900, Elbit's largest unmanned aerial vehicle, specializes in surveillance and reconnaissance missions, and has been chosen by over 20 customers globally since its 2011 debut.
Elbit Systems (NASDAQ: ESLT) has secured a $127 million follow-on contract to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems for upgrading U.S. Army's Bradley M2A4E1 Infantry Fighting Vehicles. The contract spans 34 months.
The Iron Fist APS is an advanced Hard Kill system providing 360-degree protection against various anti-tank threats, including Anti-Tank Rockets, Guided Missiles, Unmanned Aircraft Systems, and Loitering threats. The system is characterized by high performance and low volume, weight, and power requirements.
Elbit Systems (NASDAQ: ESLT) (TASE: ESLT) has announced it will release its third quarter 2024 financial results on Tuesday, November 19, 2024. The company will host a conference call at 10:00am Eastern Time to discuss the results and answer questions. The call will be accessible via multiple dial-in numbers for US, Canada, Israel, and international participants, and will also be broadcast live on Elbit Systems' website. A replay option will be available for two days following the call through dedicated dial-in numbers.
Elbit Systems (NASDAQ: ESLT) 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. The contract includes the provision of ongoing support services. The company's high-power laser solution is designed to provide robust defense against various threats. Elbit Systems, serving as Israel's Laser Center, highlights this development as a significant advancement in future defense capabilities.
Elbit Systems (NASDAQ: ESLT) (TASE: ESLT) has announced the results of its Annual General Meeting of Shareholders held on September 19, 2024, at the company's offices in Haifa. The meeting concluded with the approval of all proposals described in the Proxy Statement dated August 15, 2024. Each proposal received the required majority vote from shareholders, indicating a successful meeting and alignment with the company's proposed agenda.
Elbit Systems reported strong Q2 2024 results, with revenues of $1.6 billion, up 12% year-over-year. Key highlights include:
- Non-GAAP net income of $93 million, up 26% YoY
- Non-GAAP EPS of $2.08, up 26% YoY
- Order backlog of $21.1 billion
- 12% revenue growth driven by increased demand across segments
- Gross profit margin of 24.4% (non-GAAP)
The company saw increased demand from the Israeli Ministry of Defense due to ongoing conflicts. While facing some disruptions, Elbit has taken steps to protect employees, support increased production, and maintain business continuity. Management remains focused on long-term growth and profitability goals.
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