Without question, many companies, particularly in the manufacturing sector, are intensively utilizing robotics. And they are doing it much more so than they did 10 or 15 years ago. That makes robotics stocks increasingly enticing. In the electric vehicle (EV) sector alone, two prominent companies — Tesla (NASDAQ:TSLA) and Arrival (NASDAQ:ARVL) — rely greatly on robots to assemble their EVs. Meanwhile, many processes, including driving vehicles, are becoming automated. And a high percentage of th
Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at $120 million to supply Hermes™ 900 Maritime Unmanned Aircraft Systems (UAS) and training capabilities to the Royal Thai Navy. The contract will be performed over a three-year period.
Elbit Systems Ltd. (NASDAQ: ESLT) and (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that the Israel Securities Authority extended the term of the Company's shelf prospectus filed in September 2020, by 12 months, until September 29, 2023.