Elbit Systems Secures Major Contracts for Advanced Munitions
Elbit Systems Secures Major Contracts for Advanced Munitions
Elbit Systems Ltd. (NASDAQ: ESLT) has recently announced a remarkable achievement in securing two contracts valued at approximately $260 million. This undertaking is aimed at supplying advanced airborne munitions to the Israel Ministry of Defense. The contracts signify a robust commitment to enhancing the operational capabilities of defense forces through innovative technologies.
Commitment to Innovation and Excellence
Bezhalel (Butzi) Machlis, the President and CEO of Elbit Systems, expressed pride in the company's ongoing support for the Israel Ministry of Defense. His statement reflects a dedication to providing advanced defense solutions that significantly enhance the operational readiness of the Israel Defense Forces. The contracts also reaffirm Elbit Systems' commitment to innovation, paving the way for new developments in military technology tailored to meet the evolving challenges faced by defense entities worldwide.
Expanding the Range of Advanced Solutions
Elbit Systems continues to grow its portfolio of cutting-edge defense solutions, which have garnered significant interest from various armed forces globally. This is mainly due to the relevance of these weapons systems in meeting the modern operational requirements of military organizations. The newly developed products are engineered to address specific battlefield needs, ensuring that forces are equipped with state-of-the-art technology.
About Elbit Systems
Elbit Systems is recognized as a leading global defense technology company dedicated to developing advanced solutions for a safer world. The firm is engaged in the development, manufacturing, integration, and sustainment of next-generation defense applications across multiple domains, leveraging innovation and local technology.
Workforce and Financial Performance
With an employee base of approximately 20,000 individuals working across five continents, Elbit Systems exemplifies a collaborative and agile corporate culture. The company's financial statements reveal a revenue figure of $1.9 billion for the previous quarter, alongside an impressive order backlog of $23.1 billion. Such results highlight Elbit Systems' strong market position and ability to meet growing global security demands.
Connect with Elbit Systems
For anyone seeking further information about Elbit Systems, the company offers various channels for engagement. Interface with their official website or follow them on numerous social media platforms to stay updated on their latest advancements and initiatives.
Company Contact Information:
Dr. Yaacov (Kobi) Kagan, Executive VP - CFO
Tel: +972-77-2946663
Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
Dalia Bodinger, VP, Communications & Brand
Tel: +972-77-2947602
Frequently Asked Questions
What recent achievement did Elbit Systems announce?
Elbit Systems announced they secured two contracts worth approximately $260 million for advanced airborne munitions.
Who is the CEO of Elbit Systems?
Bezhalel (Butzi) Machlis is the President and CEO of Elbit Systems.
What is the primary focus of Elbit Systems?
Elbit Systems focuses on developing advanced defense technology solutions to enhance security globally.
How many employees does Elbit Systems have?
The company employs around 20,000 individuals across multiple continents.
What was Elbit Systems' revenue for the last quarter?
Elbit Systems reported revenues of $1.9 billion for the quarter ending March 31, 2025.
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