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Elbit

Israeli defense stocks outpace market by 400% amid war

Since October 7 war began, shares of 16 defense firms on Tel Aviv Stock Exchange jump average of 120%; despite Elbit Systems’ market cap being 3 times larger than all others combined, it recorded sector’s lowest return, tied to order backlog growth

Yaniv Rahimi | 12.16.24

Greece to buy artillery systems from Israel and drones from US, officials say

Athens in talks on a $630-$735 million deal to purchase Elbit's PULS rocket artillery system, as deal also includes the construction of components in Greece

Reuters | 12.13.24

Elbit Systems sees 30% hike in sales in Q3 2024

Israeli defense firm's net profit soars to $100 million, exceeding forecasts; company attributes success to high quality of weapons systems and country's needs in war

Navit Zomer | 11.19.24

Elbit Systems inks $335 million deal to supply defense systems to European country

Israeli defense contractor will supply two of its flagship products - PULS rocket launchers and Hermes 900 UAVs – to the unnamed country as part of a deal spanning three and a half years

Navit Zomer | 11.18.24

'Macron is losing his way': Israeli companies display at Euronaval exhibition

Several Israeli companies manage to set up stalls in the prestigious arms exhibit following prolonged battle against government-issued ban overturned by French court; officials slam Macron's actions

Tamar Sebok, Paris | 11.05.24

משטרת שבדיה בזירת ירי ליד משרדי חברת אלביט בעיר גטבורג

Swedish police arrest suspected shooter who targeted Israeli defense contractor unit

Police apprehended the suspected shooter targeted a Elbit Systems subsidiary branch in Sweden, no casualties reported in the incident

Itamar Eichner, News Agencies | 10.10.24

IDF places hopes in new laser anti-rocket systems amid expanding war

As Hezbollah continues to target northern and central Israel with rocket and missile barrages, security officials hope to expedite laser system allowing for faster and cheaper interceptions

Yuval Azulay/Calcalist | 10.09.24

Behind the scenes of the IDF’s next-gen artillery

At a northern Israel Elbit facility, the IDF's flagship Sigma howitzer project is progressing, set to replace older artillery units; with a rate of eight shells per minute, it could soon see action; 'We’re seeing remarkable test results; there’s no other fully automated howitzer like it in the world'

Yoav Zitun | 09.07.24

Elbit lands $190 million contract to supply high-end munitions to IDF

The contract was signed with the Defense Ministry, after the laser-guided mortar - capable of a range of over 6 miles - has been used extensively both in Gaza and the northern border

Yoav Zitun | 07.29.24

With crowbars and metal spikes: Pro-Palestinian activists vandalize UK plant of Israeli defense firm Elbit

Video shows 3 activists from the Palestine Action group breaking into the offices of the Israeli subsidiary company in Kent, England, and destroying military equipment and technologies; Before the break-in, dozens of activists who arrived at the scene placed metal spikes on the road leading to the factory to delay the police and security forces

Itamar Eichner | 06.17.24

Elbit tells staff to keep away from France arms expo after company banned

Israeli defense company says won't let personnel arrive at the event 'like thieves in the night' and stresses economic incentives may be behind the French ban

Navit Zomer | 06.09.24

Israel's defense industries must be privatized, the sooner the better

Opinion: Multiple studies show companies operating significantly better post-privatization, and with the war in Gaza and the north showing no signs of slowing down, it makes privatization all the more advantageous

Yaakov Quint | 05.23.24

Elbit and Defense Ministry ink multi-billion ammunition deal for IDF

Amid rising demand for ammunition due to ongoing Gaza war and hostilities on northern front, ministry procures $756 million-worth of ammunition from defense contractor as IDF pivots to domestic production

Navit Zomer | 05.22.24

Elbit Systems sells automated mortar system to first European client

Company's Crossbow Unmanned Turreted Mortar System capable of automatically firing mortar shells, lowering risk to soldiers in the field

Navit Zomer | 05.08.24

Local production cuts leave IDF scrambling for armaments

Lawmaker expresses frustration over being sidelined by security officials after questioning why Israel doesn't decrease its reliance on external sources by supplying IDF with locally produced bullets, shells and bombs

Nir (Shoko) Cohen | 05.07.24