Israeli defence electronics company Elbit Systems expects to benefit from increased defence spending globally in response to Donald Trump's elevation to the White House, it said on Wednesday after reporting a rise in fourth-quarter earnings. While low oil prices have eaten into some clients' defence budgets, tensions in the South China Sea, Russia's intervention in Syria and particularly the policies being pushed by U.S President Trump have been a boon for the defence sector, said Elbit Chief Executive Bezhalel Machlis. "Trump's election is creating a new vibe in the defence arena," Machlis said.
- PR Newswire•2 days ago
Elbit Systems Awarded Israel Ministry of Defense Contract to Supply and Maintain Radio Systems in an Amount of Approximately $100 Million
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded an approximately $100 million contract by the Israeli Ministry of Defense ("IMOD") for the supply of advanced radio systems. According to the contract, Elbit Systems will manufacture and provide hundreds of radio systems over the course of five years. In addition, Elbit Systems is expected to receive additional order to provide repair and maintenance services for 15 years.
- Associated Press•2 days ago
The Haifa, Israel-based company said it had profit of $1.57 per share. Earnings, adjusted for one-time gains and costs, were $1.82 per share. The maker of defense electronics posted revenue of $953.7 million ...
ESLT : Summary for Elbit Systems Ltd. - Yahoo Finance
Elbit Systems Ltd. (ESLT)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||90.00 x 100|
|Day's Range||114.12 - 114.98|
|52 Week Range||88.45 - 121.22|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||21.02|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|