Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on August 5, 2026

Rhea-AI Summary

Elbit Systems (NASDAQ: ESLT) reported that at its Annual General Meeting of Shareholders held on August 5, 2026 in Haifa, all resolutions described in the July 1, 2026 Proxy Statement were approved by the required majority.

Shareholders elected seven non-external directors: David Federmann, Ehud (Udi) Adam, Jacob Bar-Nathan Abudi, Rina Baum, Michael Federmann, Tzipi Livni and Dov Ninveh to serve until the next AGM, and re-elected Noaz Bar Nir as an external director for an additional three-year term. They also approved three-year extensions of indemnification letters (from December 1, 2026) and exemption letters (from April 7, 2027) for Michael and David Federmann, and re-appointed Kost, Forer, Gabbay & Kasierer (Ernst & Young Global) as independent auditor for the fiscal year ending December 31, 2026.

Elbit Systems highlighted revenues of $2,188.8 million for the three months ended March 31, 2026 and an order backlog of $30.2 billion as of that date.

News Market Reaction – ESLT

-0.84%

-0.84% Session close to close

In the Aug 6 session, ESLT declined 0.84%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The prior +1.79% reaction to historical event 1083593 places this governance announcement beside a p...

Analysis

The prior +1.79% reaction to historical event 1083593 places this governance announcement beside a positive contract-news comparison. No recent insider activity was reported, while low short positioning is the available positioning-risk context.

Key Figures

Annual general meeting date: August 5, 2026 Board members elected: seven members External director term: three-year term +5 more

8 metrics

Annual general meeting date August 5, 2026 Shareholders' annual general meeting

Board members elected seven members Non-external directors serving until next annual meeting

External director term three-year term Re-election of Noaz Bar Nir

Indemnification extension three years Commencing December 1, 2026

Exemption extension three years Commencing April 7, 2027

Auditor appointment period fiscal year ending December 31, 2026 Independent auditor re-appointed until next annual meeting

Revenue $2,188.8 million Three months ended March 31, 2026

Order backlog $30.2 billion As of March 31, 2026

Historical Context

5 past events · Latest: Jul 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 20	contract award	Positive	+1.8%	U.S. Customs and Border Protection awards totaling over $370 million
Jul 13	earnings date	Neutral	-2.2%	Company scheduled second-quarter 2026 results for August 11
May 28	contract award	Positive	+7.7%	International customer awarded approximately $350 million tank-upgrade contract
May 26	earnings report	Positive	+11.0%	First-quarter revenue, backlog, cash flow, and earnings were reported
May 26	contract award	Positive	+11.0%	European customer awarded approximately $1.4 billion modernization contract

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive contract and earnings announcements were followed by positive 24-hour reactions, while the earnings-date notice was followed by a negative reaction.

Key Terms

external directors, indemnification letters, exemption letters

3 terms

external directors regulatory

"seven members who are not "External Directors" as defined in the Israeli Companies Law"

Members of a company’s board of directors who are not current employees or executives of the company and who typically have no significant business ties to it. They act like outside referees, bringing independent judgment to oversight of management, strategy, and risks; their presence matters to investors because they can influence corporate decisions, monitor conflicts of interest, and help ensure transparent governance.

indemnification letters regulatory

"to approve the extension of the indemnification letters"

Indemnification letters are written promises in which one party agrees to compensate another for specific losses, costs, or legal claims that might arise from a transaction or a past action. They matter to investors because these letters shift potential financial and legal risk between parties—like an insurance note saying who will pay if something goes wrong—which can affect a company’s future liabilities and the value of its securities.

exemption letters regulatory

"to approve the extension of the exemption letters"

A regulatory exemption letter is an official written permission from a government agency, securities regulator, or stock exchange that allows a company or market participant to be excused from a specific rule or to follow an alternative process. Think of it as a formal permission slip that temporarily changes how a rule applies; it matters to investors because such letters can alter a company’s reporting, timing of transactions, or disclosure requirements and therefore affect transparency, legal risk, and the timing or structure of corporate actions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HAIFA, Israel, Aug. 6, 2026 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that at its Annual General Meeting of Shareholders held on August 5, 2026 at the Company's offices in Haifa, the proposed resolutions described in the Proxy Statement to the Shareholders dated July 1, 2026 (the "Proxy Statement") and detailed hereunder, were approved by the required majority: 

1. to elect to the Board the following seven members who are not "External Directors" as defined in the Israeli Companies Law, 5759-1999, to serve until the close of the next Annual General Meeting of Shareholders: Mr. David Federmann, Mr. Ehud (Udi) Adam, Mr. Jacob Bar-Nathan Abudi, Mrs. Rina Baum, Mr. Michael Federmann, Mrs. Tzipi Livni and Mr. Dov Ninveh;
2. to re-elect Mr. Noaz Bar Nir to an additional three-year term as an External Director;
3. to approve the extension of the indemnification letters of Mr. Michael Federmann and Mr. David Federmann, for an additional three years commencing on December 1, 2026;
4. to approve the extension of the exemption letters of Mr. Michael Federmann and Mr. David Federmann, for an additional three years commencing on April 7, 2027; and
5. to re-appoint Kost, Forer, Gabbay & Kasierer, a member of Ernst & Young Global, as the Company's independent auditor for the fiscal year ending December 31, 2026, and until the close of the next Annual General Meeting of Shareholders.

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 $2,188.8 million in revenues for the three months ended March 31, 2026 and an order backlog of $30.2 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 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 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.

 

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SOURCE Elbit Systems Ltd.

FAQ

What did Elbit Systems (ESLT) shareholders approve at the August 5, 2026 annual meeting?

Shareholders approved all proposed resolutions, including director elections, extensions of indemnification and exemption letters, and auditor re-appointment. According to Elbit Systems, these decisions followed the July 1, 2026 Proxy Statement and all passed with the required majority at the Haifa meeting.

Which board members were elected at Elbit Systems’ 2026 AGM for ESLT?

Shareholders elected seven non-external directors: David Federmann, Ehud (Udi) Adam, Jacob Bar-Nathan Abudi, Rina Baum, Michael Federmann, Tzipi Livni and Dov Ninveh. According to Elbit Systems, they will serve until the close of the next Annual General Meeting of Shareholders.

Who is the external director re-elected at Elbit Systems’ 2026 shareholders meeting?

Shareholders re-elected Mr. Noaz Bar Nir as an external director for an additional three-year term. According to Elbit Systems, his new term as external director is governed by the Israeli Companies Law framework for external directors.

What changes were made to indemnification and exemption letters for Elbit Systems’ Federmann directors?

Shareholders approved three-year extensions of indemnification and exemption letters for Michael and David Federmann. According to Elbit Systems, indemnification letters extend from December 1, 2026, and exemption letters extend from April 7, 2027, subject to the approved terms.

Which auditor did Elbit Systems (ESLT) appoint for the 2026 fiscal year?

Shareholders re-appointed Kost, Forer, Gabbay & Kasierer, a member of Ernst & Young Global, as independent auditor. According to Elbit Systems, the appointment is for the fiscal year ending December 31, 2026 and until the next Annual General Meeting.

What were Elbit Systems’ revenues and order backlog reported around the 2026 AGM?

Elbit Systems reported revenues of $2,188.8 million for the three months ended March 31, 2026. According to the company, its order backlog was $30.2 billion as of that date, reflecting contracted future business.