Elbit Systems Signed Contracts with an International Customer Valued at Approximately $270 Million for Advanced ISR & Targeting Payloads

Rhea-AI Summary

Elbit Systems (NASDAQ: ESLT) reported signing contracts with an international customer totaling approximately $270 million for advanced ISR (Intelligence, Surveillance and Reconnaissance) and Targeting payloads, to be executed over up to six years. The company will supply systems from its SPECTRO family of multi-spectral electro‑optic ISTAR solutions.

The SPECTRO payloads combine MWIR, Visible and SWIR high‑definition imaging, advanced laser designation and AI‑based analytics to support airborne, naval and ground missions in day, night and adverse weather conditions. Elbit Systems will also deliver AMPS NG systems for airborne ISR and Targeting, providing long‑range acquisition, surveillance and geo‑location through integrated sensors and precise geo‑pointing.

According to Elbit Systems, it employed over 21,000 people and reported $2,287.1 million in revenues for the three months ended June 30, 2026, with an order backlog of $32.0 billion as of that date.

Positive

• New ISR & Targeting contracts valued at approximately $270 million over up to six years
• SPECTRO family multi-spectral electro-optic ISTAR systems selected by an international customer
• AMPS NG systems to support long-range airborne ISR and Targeting missions
• Q2 2026 revenues of $2,287.1 million reported for three months ended June 30, 2026
• Order backlog of $32.0 billion as of June 30, 2026

Negative

• None.

Market Context

ESLT's platform risk data shows low short positioning. That context places the contract within the c...

Analysis

ESLT's platform risk data shows low short positioning. That context places the contract within the company's operating backdrop, while the up-to-six-year execution period and potential approvals remain key items to monitor.

Key Figures

Contract value: $270 million Performance period: Up to 6 years Employees: Over 21,000 people +2 more

5 metrics

Contract value $270 million Aggregate value of contracts with an international customer

Performance period Up to 6 years Contract execution period

Employees Over 21,000 people Company workforce

Revenue $2,287.1 million Three months ended June 30, 2026

Order backlog $32.0 billion As of June 30, 2026

Historical Context

5 past events · Latest: Aug 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 11	Q2 earnings report	Positive	-8.4%	Revenue, income, backlog and cash flow increased, but the 24-hour reaction was negative.
Aug 06	Annual shareholder meeting	Neutral	-0.8%	Shareholders approved director elections, auditor appointment and executive indemnification extensions.
Jul 20	CBP contract award	Positive	+1.8%	U.S. Customs and Border Protection awards exceeded $370 million for work through May 2029.
Jul 13	Earnings scheduling	Neutral	-2.2%	The company scheduled its second-quarter results release and conference call for August 11.
May 28	Tank upgrade contract	Positive	+7.7%	An international customer awarded a $350 million, four-year Main Battle Tank modernization program.

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

Pattern Detected

Recent positive contract announcements aligned with gains, while the latest earnings release diverged with a negative reaction.

Key Terms

isr, mwir, swir

3 terms

isr technical

"advanced ISR & Targeting payloads"

ISR stands for socially responsible investing (from the French phrase Investissement Socialement Responsable) and means choosing stocks, bonds or funds based on environmental, social and governance criteria in addition to financial return. Like picking a brand that matches your values, ISR matters to investors because it helps align portfolios with personal or institutional priorities, can reduce exposure to companies with regulatory or reputational risks, and can influence demand and valuation for firms deemed more sustainable.

mwir technical

"Mid-Wave Infrared (MWIR), Visible and Short-Wave Infrared"

Mid-wave infrared (MWIR) is a portion of the infrared light spectrum, roughly 3–5 micrometers in wavelength, that cameras and sensors use to detect heat, gas signatures and material differences that are invisible to the human eye. For investors, MWIR denotes a technical capability behind devices in defense, surveillance, industrial inspection and autonomous systems — like choosing a regular camera versus one that can “see” temperature contrasts — which can drive product value, market demand and pricing power.

swir technical

"Visible and Short-Wave Infrared (SWIR) high-definition imaging channels"

SWIR, short-wave infrared, is a band of light just beyond what human eyes can see that imaging sensors capture to reveal heat, moisture, material differences and details hidden in visible light — think of it as special glasses for cameras that let them see through fog, spot defects and read markings invisible to us. Investors care because companies that make or use SWIR sensors can gain technological advantages and sell into high-growth markets like defense, industrial inspection, machine vision and autonomous systems, affecting revenue, margins and competitive position.

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

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HAIFA, Israel, Sept. 1, 2026 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it has signed contracts with an international customer, in an aggregate value of approximately $270 million, in the field of advanced ISR & Targeting payloads, to be performed over a period of up to six years.

Under the contracts, Elbit Systems will supply systems from its SPECTRO™ family of multi-spectral electro-optic Intelligence, Surveillance, Target Acquisition and Reconnaissance ("ISTAR") solutions. The SPECTRO systems integrate Mid-Wave Infrared (MWIR), Visible and Short-Wave Infrared (SWIR) high-definition imaging channels, advanced laser designation capabilities and AI-based analytics technologies, enabling advanced target identification, tracking and long-range intelligence gathering capabilities for airborne, naval and ground applications, while maintaining a compact configuration operable day and night and in adverse weather conditions.

In addition, Elbit Systems will supply AMPS™ NG systems from the SPECTRO family for airborne Intelligence, Surveillance and Reconnaissance ("ISR") and Targeting missions featuring advanced imaging channels. The AMPS NG systems provide extremely long-range target acquisition, surveillance and geo-location capabilities through the integration of MWIR, Visible and SWIR sensors, together with advanced image processing and highly accurate geo-pointing technologies, supporting strategic ISR and Targeting missions in complex operational environments.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "Elbit Systems is a global leader in the field of ISR & Targeting solutions, providing modern armed forces with a comprehensive portfolio of advanced capabilities designed to address a wide range of operational requirements. Through our innovative technologies, we enable customers to enhance situational awareness, intelligence gathering and mission effectiveness in today's complex operational environments."

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 21,000 people in dozens of countries across five continents. The Company reported $2,287.1 million in revenues for the three months ended June 30, 2026 and an order backlog of $32.0 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.

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SOURCE Elbit Systems Ltd.

FAQ

What contracts did Elbit Systems (ESLT) announce on September 1, 2026?

Elbit Systems announced contracts worth approximately $270 million with an international customer for advanced ISR and Targeting payloads. According to Elbit Systems, these contracts cover SPECTRO multi-spectral electro‑optic ISTAR systems and AMPS NG airborne ISR and Targeting systems over a period of up to six years.

What is the value and duration of the new Elbit Systems (ESLT) ISR contracts?

The new ISR and Targeting contracts are valued at approximately $270 million and will be performed over up to six years. According to Elbit Systems, the deals involve long‑term supply of SPECTRO family systems and AMPS NG payloads to an international defense customer.

What technologies are included in Elbit Systems' SPECTRO ISR and Targeting payloads (ESLT)?

SPECTRO payloads integrate MWIR, Visible and SWIR high‑definition imaging, laser designation and AI‑based analytics. According to Elbit Systems, these multi‑spectral electro‑optic ISTAR systems support advanced target identification, tracking and long‑range intelligence gathering for airborne, naval and ground missions, day and night and in adverse weather.

What capabilities do Elbit Systems' AMPS NG systems offer for ISR missions?

AMPS NG provides extremely long‑range target acquisition, surveillance and geo‑location for airborne ISR and Targeting missions. According to Elbit Systems, the system integrates MWIR, Visible and SWIR sensors with advanced image processing and precise geo‑pointing to support strategic missions in complex operational environments.

How did Elbit Systems (ESLT) perform financially in Q2 2026?

For the three months ended June 30, 2026, Elbit Systems reported revenues of $2,287.1 million. According to Elbit Systems, its order backlog reached $32.0 billion as of that date, reflecting multi‑year contracted work across its global defense technology portfolio.

How many employees and what global footprint does Elbit Systems (ESLT) report?

Elbit Systems reports employing over 21,000 people in dozens of countries across five continents. According to Elbit Systems, this global presence supports development, manufacturing, integration and sustainment of next‑generation defense solutions across multiple domains for modern armed forces.