Picture of Elbit Systems logo

ESLT — Elbit Systems News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

Elbit Systems Q2 profit, revenue jump

Elbit Systems Q2 profit, revenue jump

- Elbit Systems ESLT.TA, Israel's largest defence firm, reported higher quarterly profit, boosted by double-digit sales growth helped by Israel's military conflicts in Gaza, Lebanon and Iran.

Elbit ESLT.O said on Tuesday it earned $4.14 per diluted share excluding one-time items in the second quarter, up from $3.23 a year earlier. Revenue was $2.29 billion, up from $1.97 billion.

Its order backlog as of June 30 reached a record $32 billion, with the increase mainly coming from Europe. Some 73% of the backlog is for orders outside of Israel.

Elbit said it would pay a quarterly dividend of $1.00 per share.


(Reporting by Steven Scheer; Editing by Kirsten Donovan)

((steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters Messaging: X: @StevenMScheer))

Recent news on Elbit Systems

See all news