Elbit Systems Awarded Two Contracts in an Aggregate Amount of Approximately $260 Million for the Supply of Advanced Airborne Munitions to the Israel Ministry of Defense

Rhea-AI Summary

Elbit Systems (NASDAQ: ESLT) has secured two significant contracts totaling $260 million from the Israel Ministry of Defense (IMOD) for providing advanced airborne munitions. The announcement reinforces Elbit's position as a key defense contractor for Israel's military forces.

CEO Bezhalel Machlis highlighted that these newly developed products will enhance the Israel Defense Forces' operational readiness and expressed confidence in their potential appeal to global military forces, given their alignment with emerging operational requirements.

Positive

• Secured significant contracts worth $260 million from Israel Ministry of Defense
• New products expand company's portfolio of cutting-edge defense solutions
• Potential for additional international sales opportunities

Negative

• None.

HAIFA, Israel, Aug. 11, 2025 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, that it was awarded two contracts in an aggregate amount of approximately $260 million for the supply of advanced airborne munitions to the Israel Ministry of Defense (IMOD).

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "We continue supporting the Israel Ministry of Defense with advanced solutions that enhance the operational readiness of the Israel Defense Forces. These new contracts underscore our commitment to delivering cutting-edge technologies that meet the evolving needs of Israel's defense forces. These newly developed products join Elbit Systems' growing portfolio of cutting-edge solutions, and I believe they will attract interest from armies around the world, given their relevance to emerging operational needs."

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 $1.9 billion in revenues for the three months ended March 31, 2025 and an order backlog of $23.1 billion as of such date.

For additional information, visit: https://elbitsystems.com, follow us on Twitter 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 current 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 is the value of Elbit Systems' new contracts with the Israel Ministry of Defense?

Elbit Systems (NASDAQ: ESLT) secured two contracts with a combined value of $260 million for supplying advanced airborne munitions.

What products will Elbit Systems supply under the new IMOD contracts?

Elbit Systems will supply advanced airborne munitions to the Israel Ministry of Defense.

Who is the CEO of Elbit Systems in 2025?

Bezhalel (Butzi) Machlis is the President and CEO of Elbit Systems.

What are the potential international opportunities for Elbit Systems' new products?

According to CEO Machlis, the newly developed products are expected to attract interest from armies worldwide due to their relevance to emerging operational needs.

What is the strategic significance of Elbit Systems' new defense contracts?

The contracts strengthen Elbit Systems' position as a key supplier of advanced defense solutions to the Israel Defense Forces while enhancing their operational readiness.