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.
Elbit Systems Ltd (ESLT) is a global leader in advanced defense technologies, specializing in C4ISR systems, unmanned platforms, and aerospace solutions. This dedicated news hub provides investors and industry professionals with timely updates on the company’s strategic developments.
Access official press releases covering earnings announcements, government contracts, and technology innovations across defense and commercial aviation sectors. Our curated collection includes updates on system upgrades, international partnerships, and regulatory milestones critical to understanding ESLT’s market position.
Key focus areas include electro-optic advancements, cybersecurity initiatives, and modernization programs for military platforms. The page serves as an essential resource for tracking operational expansions and R&D breakthroughs in electronic warfare and sensor technologies.
Bookmark this page for streamlined access to verified information about Elbit Systems’ contributions to global security infrastructure. Check regularly for insights into emerging defense trends and the company’s role in shaping next-generation battlefield solutions.
Elbit Systems announced that its U.S. subsidiary secured a $35 million contract from the U.S. Naval Supply Systems Command. This five-year contract covers repairs for line-replaceable units for the V-22 aircraft. Work will take place in Fort Worth, Texas, and Talladega, Alabama, and is expected to be completed by October 2025. This contract strengthens Elbit's presence in the defense sector and underscores its capability in aviation support.
Elbit Systems (NASDAQ: ESLT) has secured a $33 million contract to provide tactical radio systems to an Asia-Pacific customer. This project, set to be completed within 12 months, will involve equipping the customer’s Artillery and Infantry Forces with various radio configurations, enhancing their communication capabilities. The award reflects the customer's decision to expand its procurement of networked solutions from Elbit, which has previously supplied similar systems to several international armed forces.
Elbit Systems Ltd. (NASDAQ: ESLT) announced on September 29, 2020, the filing of a shelf prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange. The prospectus, valid for two years, allows the company to raise funds through various securities offerings, including debt and equity, at its discretion. No decisions have been made regarding specific offerings, and any securities offered will not be registered under the U.S. Securities Act. This announcement does not represent an offer to sell or a solicitation to buy securities.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a contract award from Lockheed Martin for manufacturing Forward Equipment Bay assemblies for the F-35, valued as non-material to Elbit. The contract spans four years, during which over 1,400 components will be supplied for all F-35 variants. This contract enhances Elbit's ongoing collaboration with Lockheed Martin, building on previous successes in similar projects. The Aerospace Division General Manager expressed pride in the continued partnership and trust established over the years.
Elbit Systems of America has secured a $79 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Defense Logistics Agency Land for supplying the U.S. Army with components for the Bradley Infantry Fighting Vehicle over five years. The contract includes an initial purchase order of $26 million and a subsequent $12 million order. The components will enhance operational effectiveness and replace damaged equipment, with production planned through 2024. This order underscores Elbit's commitment to modernizing U.S. Army capabilities.
Elbit Systems Ltd. (NASDAQ: ESLT) announced that its U.S. subsidiary secured a $79 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Defense Logistics Agency Land. This contract involves supplying gunner hand stations and circuit cards for the Bradley Infantry Fighting Vehicle over five years. An initial purchase order worth $26 million and a subsequent order of $12 million are included for a three-year execution period. The contract aims to enhance the operational capabilities of the U.S. Army's ground forces.
Elbit Systems of America has integrated Sintela's Linear Ground Detection System (LGDS) into its TORCH™ Command & Control system for the U.S. Border Patrol. This system enhances surface and subterranean surveillance along the southern border, supporting the Border Wall System (BWS). The LGDS utilizes machine learning for automated threat detection, improving safety and efficiency for Border Patrol agents. Elbit Systems is the exclusive U.S. distributor for this technology. The partnership underscores Elbit's role as a key contractor for the Integrated Fixed Towers program, providing significant border security.
KMC Systems, a subsidiary of Elbit Systems of America (NASDAQ: ESLT), has been chosen by the Department of Defense to assist in developing ventilator designs as part of the Vulcan-5 Ventilator Project to combat COVID-19. The project aims to ensure ventilator availability during surges in cases. KMC will evaluate five selected designs for manufacturability and component availability, leveraging its expertise in FDA-regulated environments. The initiative underscores KMC's commitment to provide rapid medical solutions amid the pandemic.
