Elbit Systems (NASDAQ: ESLT) secures $228M Iron Fist APS deal for U.S. Army Bradleys

Rhea-AI Filing Summary

Elbit Systems Ltd. reported a new $228 million follow-on contract from General Dynamics Ordnance and Tactical Systems to supply its Iron Fist Active Protection System (APS) for U.S. Army Bradley Infantry Fighting Vehicle upgrades. The work is planned to run over three years, adding multi‑year visibility for this product line.

Iron Fist is described as a hard‑kill APS that provides 360‑degree protection for armored platforms against threats such as anti‑tank rockets, guided missiles, unmanned aerial systems, loitering munitions and kinetic‑energy tank ammunition in open and urban environments. The company notes this is the third U.S. Army selection of Iron Fist APS and follows an initial GD‑OTS contract announced in May 2024. Elbit Systems reported revenues of $1,922 million and an order backlog of $25.2 billion for the three months ended and as of September 30, 2025.

Positive

• $228 million follow-on Iron Fist APS contract for U.S. Army Bradley upgrades over three years adds meaningful, multi-year revenue to Elbit Systems’ existing backlog base.

Negative

• None.

Insights

Defense sector equity analyst

$228M Iron Fist APS award deepens Elbit’s U.S. Army business.

The new $228 million follow‑on award to supply Iron Fist APS for Bradley IFV upgrades expands Elbit Systems’ role in a key U.S. Army modernization program. With execution over three years, it adds contracted demand for a flagship survivability solution, complementing prior awards from GD‑OTS and marking a third selection by the U.S. Army for this system.

Management highlights Iron Fist as a second‑generation Israel Defense Forces APS with low weight and power demands and 360‑degree protection against multiple anti‑armor threats in complex environments. The award builds on demonstrated adoption by the Israel Defense Forces and other NATO and global customers, reinforcing the product’s competitive positioning.

Set against reported quarterly revenues of $1,922 million and an order backlog of $25.2 billion as of September 30, 2025, this contract is meaningful but not transformative, contributing incremental, multi‑year revenue to an already large backlog base. Future disclosures in company filings may provide additional detail on delivery milestones and margin profile within the broader land systems portfolio.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the Month of January 2026

_______________________

Commission File Number 000-28998

ELBIT SYSTEMS LTD.

(Translation of Registrant’s Name into English)

Advanced Technology Center, P.O.B. 539, Haifa 3100401, Israel

(Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒        Form 40-F ☐

Attached hereto as Exhibit 1 and incorporated herein by reference is the Registrant’s press release dated January 26, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ELBIT SYSTEMS LTD. (Registrant)
	By:	/s/ Pinchas Confino Adi
	Name:	Pinchas Confino Adi
	Title:	Corporate Secretary

Date: January 26, 2026

EXHIBIT INDEX

Exhibit No.	Description
1	Press Release dated January 26, 2026

Exhibit 1

 

Elbit Systems Awarded $228 Million Follow-on

Contract to Provide Iron Fist APS for U.S. Army

Bradley IFV Upgrades

Haifa, Israel, January 26, 2026 – Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today, following the U.S. Government's publication from September 29, 2025 of an award to General Dynamics Ordnance and Tactical Systems (GD-OTS) of an order for the Bradley Fighting vehicle Active Protection System (APS), that Elbit Systems has been awarded by GD-OTS a $228 million contract to supply the Company's Iron Fist APS. The contract will be executed over a period of three years.

The Iron Fist APS is an advanced hard-kill active protection system designed to enhance the survivability and self-defense capabilities of armored platforms against a wide range of modern battlefield threats. As the Israel Defense Forces’ second-generation APS, Iron Fist combines high performance with a compact design, characterized by low volume, weight and power requirements. The system delivers 360-degree protection against various anti-armor threats, including Anti-Tank Rockets (ATR), Anti-Tank Guided Missiles (ATGM), Unmanned Aerial Systems (UAS), loitering munitions, and Kinetic-Energy (APFSDS) tank ammunition, in both open terrain and complex urban environments.

This contract follows an initial contract awarded to the Company by GD-OTS, as announced by Elbit Systems on May 5, 2024. Iron Fist APS has been selected by the Israel Defense Forces, as well as by leading NATO and worldwide armies for a variety of fighting platforms, and this contract marks its third selection by the U.S. Army.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “Our globally recognized Active Protection System continues to demonstrate its technological edge. As a leading provider in this field, we are proud of our close and strategic partnership with GD-OTS and the U.S. Army, and of the trust placed in us to deliver systems that enhance survivability and protect the lives of American troops in the field.”

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 approximately 20,000 people in dozens of countries across five continents. The Company reported $1,922 million in revenues for the three months ended September 30, 2025 and an order backlog of $25.2 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.

FAQ

What contract did Elbit Systems (ESLT) announce in the January 2026 6-K?

Elbit Systems announced a $228 million follow-on contract from General Dynamics Ordnance and Tactical Systems to supply its Iron Fist Active Protection System for U.S. Army Bradley Infantry Fighting Vehicle upgrades.

Over what period will the new Iron Fist APS contract be executed for Elbit Systems (ESLT)?

The Iron Fist APS contract is planned to be executed over a period of three years, providing multi‑year visibility on this program.

What is Iron Fist APS as described by Elbit Systems (ESLT)?

Iron Fist APS is described as an advanced hard‑kill active protection system that offers 360‑degree protection for armored platforms against threats including anti‑tank rockets, guided missiles, unmanned aerial systems, loitering munitions and kinetic‑energy tank ammunition in open and urban environments.

How significant is the new contract compared with Elbit Systems’ (ESLT) recent financial scale?

Elbit Systems reported $1,922 million in revenues for the three months ended September 30, 2025 and an order backlog of $25.2 billion as of that date, indicating the $228 million Iron Fist award is a meaningful but not dominant addition to its backlog.

Is this Elbit Systems’ first U.S. Army contract for Iron Fist APS?

No. The company notes that this is the third selection of Iron Fist APS by the U.S. Army and that it follows an initial contract from GD‑OTS that Elbit Systems announced on May 5, 2024.

In which markets has Elbit Systems’ Iron Fist APS been selected?

Elbit Systems states that Iron Fist APS has been selected by the Israel Defense Forces and by leading NATO and worldwide armies for various fighting platforms, indicating broad international adoption.