Elbit Systems receives $200 million defense contracts from Israel
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Elbit Systems Ltd. (NASDAQ: ESLT) announced it received several contracts totaling approximately $200 million from the Israel Ministry of Defense for advanced airborne munitions during Operation "Roaring Lion."
The contracts involve the supply of air-launched weapon systems to the Israeli military. Bezhalel Machlis, president and CEO of Elbit Systems, stated the contracts reflect the company's technological capabilities in air-launched weapon systems and its partnership with the Israeli Ministry of Defense.
Elbit Systems is a defense technology company that develops and manufactures military solutions across multiple domains. The company employs over 20,000 people in dozens of countries across five continents.
For the year ended December 31, 2025, Elbit Systems reported revenues of $7.94 billion and maintained an order backlog of $28.1 billion as of that date.
The information was disclosed in a company press release statement.
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