STOCK TITAN

Elbit Systems (NASDAQ: ESLT) secures over $370 million in U.S. CBP contracts

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Elbit Systems Ltd. reports that its U.S. subsidiary, Elbit Systems of America, received multiple awards from U.S. Customs and Border Protection totaling over $370 million to enhance U.S. national security, with work to be performed through May 2029. Management highlights that these programs rely on advanced, operationally proven technologies designed to provide reliable, real-time situational awareness for complex operational environments.

Elbit Systems describes itself as a global defense technology company operating across multiple domains and leveraging Israel’s technology ecosystem. It employs over 20,000 people in dozens of countries on five continents. For the three months ending March 31, 2026, it reported $2,188.8 million in revenues and an order backlog of $30.2 billion as of that date.

Positive

  • Elbit Systems of America received U.S. Customs and Border Protection awards totaling over $370 million, with work to be performed through May 2029, compared with Elbit Systems’ quarterly revenues of $2,188.8 million.

Negative

  • None.
CBP contract awards over $370 million Total value of multiple awards from U.S. Customs and Border Protection, work through May 2029
Quarterly revenue $2,188.8 million Revenues for the three months ending March 31, 2026
Order backlog $30.2 billion Order backlog as of March 31, 2026
Employees over 20,000 Employees in dozens of countries across five continents
order backlog financial
"and an order backlog of $30.2 billion as of such date."
Order backlog is the total value or number of customer orders a company has received but not yet fulfilled or delivered. It acts like a queue at a busy restaurant: a healthy backlog signals steady future sales and revenue visibility, while a growing backlog can also warn of production bottlenecks, delayed cash collection, or rising costs — all important when assessing a company’s near-term performance and operational risks.
forward-looking statements regulatory
"This press release may contain forward-looking statements regarding Elbit Systems Ltd."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995"
fixed-price contracts financial
"including the ability to perform under long-term fixed-price contracts"
Fixed-price contracts are agreements where a seller or service provider commits to deliver a defined product or service for a set total price, regardless of the actual costs incurred while performing the work. They matter to investors because they create more predictable revenue and clear margin exposure—like agreeing to pay a fixed bill for a meal even if ingredient costs rise—which affects earnings stability, cash flow forecasting, and the company's cost risk.

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

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FAQ

What contracts did Elbit Systems (ESLT) announce with U.S. Customs and Border Protection?

Elbit Systems announced that its U.S. subsidiary, Elbit Systems of America, received multiple awards from U.S. Customs and Border Protection totaling over $370 million, with work scheduled to be performed through May 2029 to enhance U.S. national security capabilities.

How large are the new CBP awards relative to Elbit Systems (ESLT) business?

The CBP awards total over $370 million. For context, Elbit Systems reported revenues of $2,188.8 million for the three months ending March 31, 2026, plus an order backlog of $30.2 billion as of that date.

Over what period will Elbit Systems (ESLT) perform the new CBP contracts?

Elbit Systems states that work under the CBP awards will be performed through May 2029. This indicates a multi-year execution window for its U.S. subsidiary, Elbit Systems of America, on these U.S. border security and situational awareness programs.

What kind of technologies will Elbit Systems (ESLT) provide under the CBP awards?

Management notes that Elbit Systems of America will employ advanced, operationally proven technologies designed to deliver reliable, real-time situational awareness, supporting U.S. security and defense missions and helping customers address complex operational challenges along U.S. borders.

How big is Elbit Systems (ESLT) in terms of workforce and global presence?

Elbit Systems reports employing over 20,000 people in dozens of countries across five continents. It positions itself as a leading global defense technology company developing, manufacturing, integrating and sustaining next-generation solutions across multiple operational domains.

What recent financial figures did Elbit Systems (ESLT) disclose alongside the CBP awards?

Alongside the contract news, Elbit Systems reported $2,188.8 million in revenues for the three months ending March 31, 2026, and an order backlog of $30.2 billion as of that date, illustrating its existing portfolio of contracted future work.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

____________________

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

For the Month of July 2026

_______________________

 

Commission File Number 000-28998

 

ELBIT SYSTEMS LTD.

(Translation of Registrant’s Name into English)

 

Advanced Technology Center, P.O.B. 539, Haifa 3100401, Israel

(Address of Principal Corporate Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

Attached hereto as Exhibit 1 and incorporated herein by reference is the Registrant’s press release dated July 20, 2026.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

ELBIT SYSTEMS LTD.

(Registrant)

 

  By: /s/ Pinchas Confino Adi
  Name: Pinchas Confino Adi
  Title: Corporate Secretary

 

Date: July 20, 2026

 

 

EXHIBIT INDEX

 

Exhibit No. Description  
1 Press Release dated July 20, 2026

 

 

 

 

Exhibit 1

 

 

Elbit Systems of America Awarded Contracts from U.S

Customs and Border Protection Totaling Over $370

Million to Enhance U.S. National Security

 

Haifa, Israel, July 20, 2026 – Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that its U.S. subsidiary, Elbit Systems of America, LLC (“Elbit America”), has received multiple awards from U.S. Customs and Border Protection (CBP) totaling over $370 million to enhance U.S. national security, with work to be performed through May 2029.

 

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "These new awards demonstrate Elbit Systems of America’s continued contribution to enhancing the security and defense capabilities of the United States. Our advanced and operationally proven worldwide technologies are designed to deliver reliable, real-time situational awareness, helping our customers address complex operational challenges."

 

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 20,000 people in dozens of countries across five continents. The Company reported $2,188.8 million in revenues for the three months ending March 31, 2026, and an order backlog of $30.2 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.

 

 

 

Filing Exhibits & Attachments

1 document