Welcome to our dedicated page for Elbit Sys news (Ticker: ESLT), a resource for investors and traders seeking the latest updates and insights on Elbit Sys stock.
Elbit Systems Ltd (ESLT) is a global leader in advanced defense technologies, specializing in C4ISR systems, unmanned platforms, and aerospace solutions. This dedicated news hub provides investors and industry professionals with timely updates on the company’s strategic developments.
Access official press releases covering earnings announcements, government contracts, and technology innovations across defense and commercial aviation sectors. Our curated collection includes updates on system upgrades, international partnerships, and regulatory milestones critical to understanding ESLT’s market position.
Key focus areas include electro-optic advancements, cybersecurity initiatives, and modernization programs for military platforms. The page serves as an essential resource for tracking operational expansions and R&D breakthroughs in electronic warfare and sensor technologies.
Bookmark this page for streamlined access to verified information about Elbit Systems’ contributions to global security infrastructure. Check regularly for insights into emerging defense trends and the company’s role in shaping next-generation battlefield solutions.
Elbit Systems Ltd (NASDAQ: ESLT) has secured a contract worth approximately $220 million to supply precision guidance kits for airborne munitions to an Asian country. The contract spans 15 months and involves the delivery of the Lizard precision guidance kit, which enhances the targeting accuracy of general-purpose warheads.
CEO Bezhalel Machlis emphasized the increasing demand for precision fire capabilities in modern warfare, driven by lessons learned from recent conflicts.
Elbit Systems Ltd. (NASDAQ:ESLT) has secured a contract worth approximately $70 million to deliver an Electronic Warfare (EW) solution to an international client. The contract spans two and a half years and includes ground-based EW and Signal Intelligence (SIGINT) units. These systems are designed to enhance situational awareness by providing comprehensive electronic operational capabilities. The increasing demand for such solutions underscores the critical importance of securing electromagnetic dominance in modern military operations.
Elbit Systems Ltd (NASDAQ: ESLT) announced that S&P Global Ratings Maalot Ltd has reaffirmed the 'ilAA' rating with a stable outlook for its Series B, C, and D Notes issued in 2021. This reaffirmation indicates strong credit quality and financial stability, as confirmed in Maalot's rating report submitted to the Israel Securities Authority and the Tel Aviv Stock Exchange. An unofficial English translation will be provided in a 6-K filing with the U.S. SEC. This rating underscores the company's solid position in defense and security sectors, bolstering confidence among investors.
Elbit Systems Ltd (NASDAQ:ESLT) has secured a $69 million contract for Electronic Warfare (EW) capabilities in the Asia-Pacific region. This contract, which spans three years, indicates a rising demand for EW technologies as militaries recognize the significance of electromagnetic spectrum control. The announcement was made on May 31, 2022, by General Manager Oren Sabag, highlighting the company's strategic importance in defense technology.
Elbit Systems reported Q1 2022 revenues of $1.35 billion, up from $1.12 billion in Q1 2021, driven by robust global demand. The backlog of orders stands at $13.7 billion. However, non-GAAP net income fell to $54 million ($1.22 per share), down from $76.2 million ($1.72 per share) one year prior. Increased costs associated with stock price-linked compensation plans affected profits. Management expressed confidence in future growth due to rising defense budgets and a strong workforce.
Elbit Systems Ltd (NASDAQ:ESLT) announced that its U.S. subsidiary, Elbit Systems of America, received a $49 million delivery order for Squad Binocular Night Vision Goggles for the U.S. Marine Corps. This order is part of a $249 million five-year contract established on September 6, 2019. The SBNVG systems enhance nighttime operational capabilities with improved clarity and performance. The order will be fulfilled in Roanoke, Virginia, by September 2023.
Elbit Systems Ltd. (NASDAQ: ESLT) will release its first quarter 2022 financial results on May 24, 2022. A conference call is scheduled for 9:00am ET on the same day, where management will discuss the results and answer questions. Dial-in numbers for participation are provided for various regions. Elbit Systems operates in defense and cybersecurity, offering a range of technology solutions and support services. Detailed forward-looking statements emphasize potential risks and uncertainties impacting future performance.
Elbit Systems Ltd. (NASDAQ: ESLT) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021. This report was submitted to the U.S. Securities and Exchange Commission, the Israel Securities Authority, and the Tel Aviv Stock Exchange. Shareholders can access the report via the company's website or request a hard copy for free. Elbit Systems is engaged in defense and technology sectors, including aerospace, naval systems, and cyber-based solutions, contributing to both defense and homeland security programs.
Elbit Systems Ltd. (NASDAQ: ESLT) reported strong financial results for 2021, with revenues of $5.3 billion, a 13% year-over-year increase, and a backlog of orders reaching $13.7 billion. Non-GAAP net income stood at $368 million, translating to a non-GAAP EPS of $8.30. Despite a one-time tax expense of approximately $80 million, GAAP net income was $274 million. The company highlighted growth in its Airborne and C4ISR systems, particularly due to acquisitions like Sparton Corporation. Elbit's resilient performance amid the pandemic and substantial contracts forecast continued demand in the defense sector.
On March 27, 2022, Elbit Systems Ltd. (NASDAQ:ESLT) announced contracts valued at approximately $130 million to develop an artillery munitions production line in the Asia-Pacific region. The project will last for 2.5 years and involves constructing a turnkey industrial complex for enhanced munitions manufacturing. CEO Bezhalel Machlis emphasized the contracts' reflection on the company's quality portfolio and technological capabilities in international partnerships.
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