Person holding mobile phone with logo of Israeli defense company Elbit Systems Ltd. on screen in front of business web page.

Defense Demand Lifts Elbit Systems After $1.4 Billion Contract Win

Earnings Snapshot

Segment Revenues

Aerospace revenue rose 2% year over year (Y/Y), primarily driven by project mix.

C4I and Cyber revenue increased 17% Y/Y, supported by stronger demand for radio and command-and-control systems in Europe.

ISTAR and EW revenue also climbed 17% Y/Y on higher sales of airborne and land-based high-power laser and electronic warfare systems.

Land segment revenue advanced 27% Y/Y, fueled by increased ammunition and munitions sales in Israel and Europe.

Elbit Systems of America posted 5% Y/Y revenue growth, led by higher night-vision system sales.

Dividend

The board declared a dividend of $1.00 per share, payable on July 6 to the shareholders of record on June 23, 2026.

Military Modernization Contract

In a separate release today, Elbit Systems disclosed winning a $1.4 billion contract from a European customer to support broad military modernization initiatives over a five-year period.

The program includes advanced capabilities aimed at enhancing battlefield mobility and survivability across multiple domains.

This includes autonomous unmanned systems, networked land electronic warfare solutions, precision-guided artillery and air-to-ground munitions, electro-optical targeting and reconnaissance systems, and software-defined radios.

ESLT Price Action: Elbit Systems shares were up 7.75% at $827.35 at the time of publication on Tuesday, according to Benzinga Pro data.

Photo via Shutterstock 

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