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The latest announcement is out from Elbit Systems ( (IL:ESLT) ).
On May 20, 2025, Elbit Systems reported strong financial results for the first quarter of 2025, with revenues reaching $1.9 billion and a net income of $107.1 million. The company experienced a 22% growth in revenues, driven by increased global demand for its defense products amid rising defense budgets due to ongoing global conflicts. The order backlog grew to $23.1 billion, with a significant portion of orders coming from outside Israel. The ongoing ‘Swords of Iron’ war has led to increased demand from the Israel Ministry of Defense, although some operations have faced disruptions due to supply chain issues and geopolitical tensions.
More about Elbit Systems
Elbit Systems Ltd. is an international high technology defense company based in Haifa, Israel. The company specializes in a wide range of defense, homeland security, and commercial aviation systems and products, with a significant focus on global markets, particularly in Europe.
Average Trading Volume: 91,281
Current Market Cap: ILs64.11B
For a thorough assessment of ESLT stock, go to TipRanks’ Stock Analysis page.