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  • Associated Press2 days ago

    Elbit posts 2Q profit

    On a per-share basis, the Haifa, Israel-based company said it had net income of $1.46. Earnings, adjusted for one-time gains and costs, were $1.61 per share. The maker of defense electronics posted revenue ...

  • Reuters2 days ago

    Israel's Elbit Systems Q2 profit up, sees further sales gains

    Israeli defence electronics firm Elbit Systems reported higher second-quarter profit on Tuesday and said demand was growing in the United States, Europe and Asia. The maker of drones, pilot helmet displays and cyber security systems said it earned $1.61 per diluted share excluding one-time items in the quarter, up from $1.47 a year earlier. "We see demand all over the globe," Chief Executive Bezhalel Machlis said, adding it was spread across its product line, which also includes command and control systems, electric-optics and unmanned aerial vehicles (UAVs).

  • Reuters2 days ago

    Israel's Elbit Systems Q2 profit up as U.S., Europe, Africa sales rise

    Israeli defence electronics firm Elbit Systems reported higher second-quarter profit on Tuesday, helped by a rise in sales to the United States, Europe and Africa. The maker of drones, pilot helmet displays and cyber security systems said it had earned $1.61 per diluted shares excluding one-time items in the three-month period, up from $1.47 a year earlier. Elbit's order backlog climbed to $7.33 billion at the end of June from $6.82 billion a year earlier.