Company Description
Elbit Systems Ltd (ESLT) stock represents an interest in Elbit Systems, a global defense technology company that develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains. According to the company’s public disclosures, Elbit Systems focuses on technologies and systems that support defense, homeland security and related applications, with products and solutions used on aircraft, land and naval platforms.
Elbit Systems states that it is a global defense technology company delivering advanced solutions "for a secure and safer world." The company reports that it employs approximately 20,000 people in dozens of countries across five continents and that it serves customers in Israel, Europe, Asia-Pacific and other international markets. Its shares trade under the symbol ESLT on the Nasdaq Global Select Market and on the Tel Aviv Stock Exchange.
Business focus and core activities
Based on the company’s descriptions in its press releases and regulatory filings, Elbit Systems develops and supplies systems and products that span several operational domains. These include aerospace-related systems, land-focused solutions, intelligence, surveillance, target acquisition and reconnaissance (ISTAR), electronic warfare (EW), command, control, communications, computers and intelligence (C4I), cyber-related systems, and other defense technologies. The company also reports activities through Elbit Systems of America.
The company notes that its technologies and solutions are used on a variety of platforms and that it can install systems on new platforms or support modernization programs that transform existing platforms. Elbit Systems also indicates that it provides maintenance instructions and support services, including support team specialists, when customers require assistance with its products.
Examples of reported solutions
Recent company announcements illustrate the types of systems Elbit Systems develops and supplies. The company has reported contracts to provide an advanced airborne self-protection electronic warfare suite, including a Direct Infra-Red Counter-Measure (DIRCM) system, for a helicopter platform in an Asia-Pacific country. Under these contracts, Elbit Systems describes a solution that integrates electronic sensing, signal processing and countermeasure capabilities designed to provide early warning, threat identification and automated response to missile threats. The company also highlights its Mini-MUSIC DIRCM system, which it describes as designed to protect small and medium-sized rotary and fixed-wing aircraft, including helicopters, by detecting and disrupting incoming missiles.
Elbit Systems has also reported that its PULS rocket artillery system was selected by the Hellenic Armed Forces, subject to completion of commercial negotiations. The company describes PULS as a solution capable of launching unguided rockets, precision-guided munitions and missiles with various ranges, and notes that the launcher is adaptable to existing wheeled and tracked platforms.
In another example, Elbit Systems announced contracts from the Israel Ministry of Defense for upgrades to Merkava main battle tanks. In that context, the company refers to renewal of electronic assemblies, upgrades to multiple onboard systems, and the supply of electro-optical sights with AI-enhanced capabilities for day and night observation, target detection, acquisition and tracking, along with spare parts and maintenance and support services.
The company has also reported a large contract with a European country to deliver a range of defense solutions. In that announcement, Elbit Systems describes long-range precision strike artillery-rocket systems, unmanned reconnaissance and loitering aerial combat systems, ISTAR capabilities including SIGINT, COMINT and electronic warfare systems, intelligence collection and processing systems, electro-optical and night-vision systems, combat vehicle upgrades and protective systems. The company also refers to a military digitalization and Network Combat Solution based on C4ISR command-and-control applications that cover operational levels from strategic headquarters down to tactical units and combat vehicles.
Geographic reach and customer base
Elbit Systems reports that it operates in dozens of countries across five continents and that a significant portion of its order backlog is attributable to orders outside Israel. The company’s disclosures mention customers and contracts in Europe, Asia-Pacific and Israel, and refer to both domestic and international demand for its products and solutions. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense and homeland security contractors worldwide.
Order backlog and scale indicators
In its financial press releases, Elbit Systems reports an order backlog measured in the tens of billions of U.S. dollars and quarterly revenues in the billions of U.S. dollars. The company notes that its backlog includes a substantial share of orders from outside Israel and that portions of the backlog are scheduled to be performed over multi-year periods. These disclosures indicate that Elbit Systems manages long-term contracts and programs with defense and governmental customers.
Research, development and technology
Elbit Systems’ public statements emphasize ongoing investment in research and development and the use of advanced technologies. The company refers to embedded AI technology in certain solutions, AI-enhanced electro-optical sights, and software and hardware elements that support digitalization and networked combat capabilities. It also highlights its use of Israel’s technology ecosystem and an agile, collaborative culture to address evolving battlefield challenges and threats.
Regulatory and capital markets context
As a foreign private issuer listed in the United States, Elbit Systems files annual reports on Form 20-F and current reports on Form 6-K with the U.S. Securities and Exchange Commission. The company has also used a shelf prospectus in Israel, and has reported a public offering of ordinary shares listed on the Nasdaq Global Select Market. Its SEC filings reference financial results, order backlog, capital-raising activities, rating reports from an Israeli rating agency and other corporate events.
Risk and operating environment
In its financial results releases, Elbit Systems discusses the impact of conflicts in the Middle East on its operations and demand for its products. The company notes increased demand from the Israel Ministry of Defense, as well as operational challenges related to supply chain constraints, transportation costs, material and component shortages, limitations on exports to Israel and attacks on some of its global facilities. It also describes steps taken to protect employees, support increased production, mitigate supply chain disruptions and maintain business continuity.
ESLT stock as an investment reference
For investors researching ESLT stock, Elbit Systems represents exposure to a defense technology company with activities across multiple domains, including aerospace, land systems, ISTAR, EW, C4I and cyber-related solutions. The company’s disclosures highlight a large and diversified order backlog, multi-year contracts with defense customers, and operations that span Israel and international markets. As with any defense-focused issuer, its performance and outlook are influenced by governmental budgeting priorities, geopolitical developments, regulatory frameworks and program execution.