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) news covers announcements and disclosures from a global defense technology company that develops, manufactures, integrates and sustains multi-domain systems and solutions. The company’s press releases and Form 6-K filings highlight contracts, financial results, corporate actions and operational updates relevant to investors and observers of the aerospace and defense sector.
Recent Elbit Systems news has included contracts for an advanced airborne self-protection electronic warfare suite, including a Direct Infra-Red Counter-Measure (DIRCM) system, to equip a helicopter platform in an Asia-Pacific country. The company has also reported that its PULS rocket artillery system was selected by the Hellenic Armed Forces, subject to commercial negotiations, and that it received contracts from the Israel Ministry of Defense for upgrades to Merkava main battle tanks, including AI-enhanced electro-optical sights and related maintenance and support services.
Other announcements have described a large international contract for a strategic solution, multi-billion-dollar orders from a European country for long-range precision strike artillery-rocket systems, unmanned reconnaissance and loitering aerial combat systems, ISTAR and electronic warfare capabilities, electro-optical and night-vision systems, combat vehicle upgrades and a military digitalization and Network Combat Solution. Elbit Systems also regularly reports quarterly financial results, order backlog figures, capital-raising activities, rating updates from an Israeli rating agency, and corporate governance events such as annual general meeting outcomes.
This ESLT news page aggregates such items so readers can review contract awards, program developments, financial performance updates, securities-related announcements and other company communications in one place. Users researching Elbit Systems stock or the broader defense technology space can use this news feed to track how the company describes its business momentum, operational environment and interactions with customers and capital markets over time.
Elbit Systems of America has been awarded a five-year, $50 million IDIQ contract by the Defense Logistics Agency to produce spare parts for the Aviators' Night Vision Imaging System/Head-Up Display (ANVIS HUD) system. The initial order amounts to $17.9 million, scheduled for delivery until 2023. This contract ensures the availability of crucial equipment for U.S. Army helicopter pilots, enhancing their situational awareness and safety during missions. Elbit's ongoing commitment to supplying the ANVIS HUD strengthens its position in U.S. Army aviation modernization efforts.
Elbit Systems (NASDAQ: ESLT) announced that its U.S. subsidiary has secured a maximum $50 million ID/IQ contract from the U.S. Army for spare parts related to the Aviators' Night Vision Imaging System Head-Up Display (ANVIS HUD). The contract, awarded by the Defense Logistics Agency, spans five years, with an initial order worth $17.9 million to be fulfilled by 2023. The ANVIS HUD enhances helicopter pilot situational awareness by displaying crucial information directly in their line of sight, thereby improving operational readiness.
Elbit Systems announced that its U.S. subsidiary secured a $35 million contract from the U.S. Naval Supply Systems Command. This five-year contract covers repairs for line-replaceable units for the V-22 aircraft. Work will take place in Fort Worth, Texas, and Talladega, Alabama, and is expected to be completed by October 2025. This contract strengthens Elbit's presence in the defense sector and underscores its capability in aviation support.
Elbit Systems (NASDAQ: ESLT) has secured a $33 million contract to provide tactical radio systems to an Asia-Pacific customer. This project, set to be completed within 12 months, will involve equipping the customer’s Artillery and Infantry Forces with various radio configurations, enhancing their communication capabilities. The award reflects the customer's decision to expand its procurement of networked solutions from Elbit, which has previously supplied similar systems to several international armed forces.
Elbit Systems Ltd. (NASDAQ: ESLT) announced on September 29, 2020, the filing of a shelf prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange. The prospectus, valid for two years, allows the company to raise funds through various securities offerings, including debt and equity, at its discretion. No decisions have been made regarding specific offerings, and any securities offered will not be registered under the U.S. Securities Act. This announcement does not represent an offer to sell or a solicitation to buy securities.
Elbit Systems Ltd. (NASDAQ: ESLT) announced a contract award from Lockheed Martin for manufacturing Forward Equipment Bay assemblies for the F-35, valued as non-material to Elbit. The contract spans four years, during which over 1,400 components will be supplied for all F-35 variants. This contract enhances Elbit's ongoing collaboration with Lockheed Martin, building on previous successes in similar projects. The Aerospace Division General Manager expressed pride in the continued partnership and trust established over the years.
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Elbit Systems of America has secured a $79 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Defense Logistics Agency Land for supplying the U.S. Army with components for the Bradley Infantry Fighting Vehicle over five years. The contract includes an initial purchase order of $26 million and a subsequent $12 million order. The components will enhance operational effectiveness and replace damaged equipment, with production planned through 2024. This order underscores Elbit's commitment to modernizing U.S. Army capabilities.
Elbit Systems Ltd. (NASDAQ: ESLT) announced that its U.S. subsidiary secured a $79 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract from the Defense Logistics Agency Land. This contract involves supplying gunner hand stations and circuit cards for the Bradley Infantry Fighting Vehicle over five years. An initial purchase order worth $26 million and a subsequent order of $12 million are included for a three-year execution period. The contract aims to enhance the operational capabilities of the U.S. Army's ground forces.
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