Elbit Systems Awarded Contracts in an Aggregate Amount of Approximately $200 Million for the Supply of Advanced Airborne Munitions to the Israel Ministry of Defense

Rhea-AI Summary

Elbit Systems (NASDAQ: ESLT) said it was awarded several contracts totaling approximately $200 million to supply advanced airborne munitions to the Israel Ministry of Defense during Operation "Roaring Lion" on April 22, 2026.

The announcement highlights continued commercial ties with IMOD and emphasizes Elbit Systems' role in air-launched weapon systems and precision munitions delivery.

AI-generated analysis. Not financial advice.

Positive

• $200 million aggregate contract awards from Israel Ministry of Defense
• Contracts cover advanced airborne munitions for the Israeli Air Force
• Reinforces Elbit Systems' technological leadership in air-launched weapons

Negative

• None.

News Market Reaction – ESLT

-1.49%

1 alert

-1.49% News Effect

On the day this news was published, ESLT declined 1.49%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Contract value: $200 million

1 metrics

Contract value $200 million Aggregate amount of airborne munitions contracts with Israel Ministry of Defense

Market Reality Check

Price: $750.01 Vol: Volume 95,795 is at 0.74x...

normal vol

$750.01 Last Close

Volume Volume 95,795 is at 0.74x the 20-day average of 130,049. normal

Technical Price 865.48 is trading above the 200-day MA at 601.94 and 14.82% below the 52-week high of 1,016.06.

Peers on Argus

ESLT was down 1.87% with defense peers also negative: RKLB -4.09%, BWXT -5.39%, ...

ESLT was down 1.87% with defense peers also negative: RKLB -4.09%, BWXT -5.39%, LHX -1.82%, CW -1.59%, TXT -0.82%. No peers appeared in the momentum scanner, suggesting pressure but not a flagged sector-wide move.

Historical Context

5 past events · Latest: Apr 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 06	Defense contract award	Positive	+3.9%	Won approximately $750M PULS rocket artillery contract from Hellenic Armed Forces.
Mar 23	Industry conference presence	Neutral	-1.9%	Oshkosh Defense showcased integrated mobility platforms at AUSA Global Force event.
Mar 17	Annual report filing	Neutral	-6.0%	Filed 2025 Form 20-F annual report with U.S. and Israeli regulators.
Mar 17	Earnings results	Positive	+16.0%	Reported 2025 revenue growth to $7.94B, higher backlog and strong free cash flow.
Feb 18	Armored systems contract	Positive	+2.2%	Secured about $277M in contracts for 30mm turrets and munitions from an international customer.

Pattern Detected

Recent positive Elbit contract wins and earnings (e.g., $750M PULS deal, strong 2025 results) aligned with price gains, while neutral filings like the Form 20-F sometimes coincided with selling pressure.

Recent Company History

Over the last few months, Elbit reported strong fundamentals with 2025 revenues of $7.94B, GAAP net income of $534.3M, and a backlog of $28.1B, which triggered a +15.99% move on earnings. Large contract awards, such as the $750M PULS deal on Apr 06 and a $277M turret order in February, also saw positive reactions. Neutral regulatory updates, like the Form 20-F filing, drew a weaker response.

Market Pulse Summary

This announcement adds roughly $200 million in airborne munitions contracts with Israel’s Ministry o...

Analysis

This announcement adds roughly $200 million in airborne munitions contracts with Israel’s Ministry of Defense to Elbit’s already substantial backlog, referenced at $28.1B for year‑end 2025. It follows other large recent wins, such as a $750M PULS artillery deal, and strong 2025 financials. Investors may watch how these incremental awards translate into backlog growth, margin performance, and future order momentum within aerospace and defense.

Key Terms

airborne munitions, air–launched weapon systems

2 terms

airborne munitions technical

"contracts in an aggregate amount of approximately $200 million for the supply of advanced airborne munitions"

Airborne munitions are weapons designed to be carried by aircraft, drones, or other flying platforms and released or fired while in the air, such as bombs, air-to-surface missiles, and guided glide weapons. For investors, they matter because demand, production, testing, and export rules for these weapons drive sales and profit potential for defense manufacturers and suppliers, and they can influence government spending, regulatory risk, and stock volatility much like a major product line in any industry.

air–launched weapon systems technical

"underscores Elbit Systems' technological leadership in air–launched weapon systems."

Air-launched weapon systems are weapons carried and released from aircraft, including missiles, bombs, guided munitions and other payloads that turn a plane or drone into a strike platform. For investors they matter because development, production and sale of these systems drive defense company revenues, influence government procurement budgets and export controls, and can change risk profiles for suppliers and nations much like a factory switching to a higher-value product line.

AI-generated analysis. Not financial advice.

HAIFA, Israel, April 22, 2026 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, that during Operation "Roaring Lion", the Company was awarded several contracts in an aggregate amount of approximately $200 million for the supply of advanced airborne munitions to the Israel Ministry of Defense (IMOD).

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "This series of contracts underscores Elbit Systems' technological leadership in air–launched weapon systems. We are proud of our long–standing partnership with the Israeli Ministry of Defense and our ongoing commitment to developing and delivering high–precision, reliable solutions that are among the factors enabling the Israeli Air Force's air superiority."

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel's technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $7,938.6 million in revenues for the year ended December 31, 2025 and an order backlog of $28.1 billion as of such date.

For additional information, visit: https://elbitsystems.com, follow us on X or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact:  

Dr. Yaacov (Kobi) Kagan, Executive VP - CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communications & Brand
Tel: 972-77-2947602+
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; including the duration and scope of the war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this press release.

Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this press release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Logo: https://mma.prnewswire.com/media/2017806/Elbit_Systems_Logo.jpg

 

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SOURCE Elbit Systems Ltd.

FAQ

What did Elbit Systems (ESLT) announce on April 22, 2026 about IMOD contracts?

Elbit Systems announced awards of several contracts totaling approximately $200 million. According to the company, the contracts are for supplying advanced airborne munitions to the Israel Ministry of Defense during Operation "Roaring Lion".

How large are the Elbit Systems (ESLT) contracts with the Israel Ministry of Defense?

The contracts are reported at an aggregate value of approximately $200 million. According to the company, that sum covers multiple awards for the supply of advanced airborne munitions during the operation period.

What product is Elbit Systems (ESLT) supplying under the April 2026 contracts?

Elbit Systems will supply advanced airborne munitions to the Israel Ministry of Defense. According to the company, these are air-launched, high-precision weapons intended to support the Israeli Air Force's capabilities.

Does the $200 million contract announcement affect Elbit Systems' (ESLT) defense sector standing?

The announcement underscores Elbit Systems' position in air-launched weapon systems and precision munitions. According to the company, the awards reflect ongoing partnership and technological leadership with the Israel Ministry of Defense.

When did Elbit Systems (ESLT) confirm the award of the airborne munitions contracts?

Elbit Systems confirmed the awards on April 22, 2026. According to the company, the contracts were announced in connection with Operation "Roaring Lion" and total approximately $200 million.

What does the Elbit Systems (ESLT) contract mean for investors seeking exposure to defense revenue?

The awards represent a concrete $200 million revenue opportunity tied to IMOD procurement. According to the company, the contracts reflect ongoing commercial engagement in high-precision airborne weapon systems.