|Bid||54,880.00 x 5700|
|Ask||54,930.00 x 10500|
|Day's Range||54,840.00 - 55,440.00|
|52 Week Range||45,360.00 - 58,640.00|
|Beta (5Y Monthly)||0.36|
|PE Ratio (TTM)||13,431.16|
|Earnings Date||Mar 17, 2020 - Mar 23, 2020|
|Forward Dividend & Yield||6.10 (1.13%)|
|Ex-Dividend Date||Dec 29, 2019|
|1y Target Est||100.18|
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded an approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over a 25-month period.
Israel's Elbit Systems said on Tuesday it won a $670 million contract to supply defense products to a country in Asia-Pacific. Elbit, a defense electronics specialist, did not identify the country or provide details on the systems it will provide.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announced today that it was awarded contracts worth approximately $136 million to provide customers in Asia-Pacific with airborne laser Direct Infra-Red Counter Measure (DIRCM) systems. The contracts will be performed over a four-year period.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today the completion of its review of certain expenses and expected synergies resulting from the acquisition by its subsidiary, Elbit Systems of America LLC, of the Night Vision business of L3Harris Technologies (NYSE:LHX) ("Harris Night Vision"). The Company expects to record in the fourth quarter of 2019 expenses relating to the acquisition estimated in the amount of approximately $55 million. These expenses will be recorded mainly in the "Cost of Revenues" line item in the Consolidated Statement of Income and will be eliminated in the Non-GAAP results due to the non-recurring nature of the expense. The overall impact of these expenses on the financial results for the fourth quarter of 2019 will be included in the Company's report for the quarter, which is planned to be released in March 2020.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a $43 million contract from Hanwha Systems Co. Ltd. (272210:Korea SE) to equip the Next Generation Korean fighter jets in development, with embedded Terrain Following-Terrain Avoidance (TF/TA) systems. The contract will be performed over a six-year period.
Israeli defence contractor Elbit Systems said on Thursday it expects to record an expense of about $55 million in the fourth quarter related to the acquisition by its U.S. subsidiary of the night vision business of L3Harris Technologies. Elbit will report fourth quarter results in March. The incorporation of the night vision business "is expected to produce synergies that will enhance the company's ability to address various market requirements and customer support activities," Elbit said in a statement.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded an initial contract from the Production and Procurement Directorate of the Israeli Ministry of Defense (IMOD) valued at approximately $31 million (NIS 109 million), to provide Iron Fist Active Protection Systems (APS) for the Eitan Armored Fighting Vehicles (AFV) of the Israeli Defense Forces (IDF). The contract will be performed over a five-year period.
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract by the Production and Procurement Directorate of the Israeli Ministry of Defense (IMOD) valued at approximately $144 million (approximately NIS 500 million) for the supply of small caliber ammunition to the Israeli Defense Forces. This five-year contract, work on which will commence in 2021, will be a continuation of the existing multi-year contract with the IMOD.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that it was awarded an approximately $65 million follow-on contract from the Dutch Ministry of Defence ("Dutch MOD") to supply additional soldier systems to the Armed Forces of the Netherlands, as part of the VOSS program (the Dutch program for improved operational soldier systems). The contract will be performed over a two-year period.
Elbit Systems Ltd. (NASDAQ: ESLT) and (TASE: ESLT) ("Elbit Systems") announced today, further to its announcement of June 26, 2019, that it has received payment in the amount of $33 million as full and final settlement under a settlement agreement with Hughes Network Systems, LLC, of litigation in the U.S. Federal Courts for infringement of an Elbit Systems' patent relating to high-speed satellite communications.
Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space. Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a nanosatellite constellation for commercial purposes. Nanova will be operated from a ground control station set up in Haifa, Israel.
The Marine Corps Systems Command (MCSC) selected Elbit Systems of America to develop a prototype of the Next Generation Hand-Held Targeting System (NGHTS). Elbit Systems of America's solution merges multiple capabilities into a single, lightweight device that delivers superior performance for the forward deployed, foot mobile Marine.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announced today that following a contract signed between the Israeli Ministry of Defense and the Ministry of Defense of Montenegro, the Company was awarded a contract of approximately $35 million, to supply the Montenegrin Armed Forces with Remote Controlled Weapon Stations ("RCWS") for the new Oshkosh Defense ("Oshkosh") 4X4 Joint Light Tactical Vehicles ("JLTV"). In this contract Elbit Systems will perform full integration of the RCWS onboard the JLTV over a three-year period and will provide logistic support for a seven-year period.
Elbit Systems of America subsidiary, Kollsman, Inc., was awarded a Prototype Project (Agreement) via the Sensors Communications and Electronics Consortium (SCEC) Other Transaction Agreement (OTA) held by SOSSEC, Inc. for the development of the Multi-Domain User Sensor Architecture (MDUSA) targeting system in support of the United States Army. The company's solution, will enable the dismounted soldier to prosecute targets with true handheld targeting, while increasing situational awareness in a small, lightweight, modular package.
Israeli defence electronics firm Elbit Systems reported lower quarterly net profit despite increased revenue, weighed down by higher financing, marketing and research expenses and acquisition costs. The maker of drones, pilot helmet displays and cyber security systems said on Tuesday it earned $1.33 per diluted share excluding one-time items in the third quarter, down from $1.57 a year earlier. Elbit's shares were down 2.7% in morning trade in Tel Aviv, but up 29% in the past year.
Backlog of orders at $9.8 billion; Revenues at $1,101 million; Non-GAAP net income of $59 million; GAAP net income of $72 million; Non-GAAP net EPS of $1.33; GAAP net EPS of $1.63
FORT WORTH, Texas, Nov. 21, 2019 /PRNewswire/ -- Elbit Systems of America is doubling its Semi-Active Laser seeker production rates to keep up with increasing demand for the Laser Joint Direct Attack Munition (GBU-54/56). The increase in production rates is under an existing five-year indefinite delivery/indefinite quantity contract with Boeing, supporting both domestic and foreign customers. The Laser JDAM is capable of targeting static and fast moving objects.
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (the "Company") announced today that at its Extraordinary and Annual General Meeting of Shareholders (the "Meeting") held on November 20, 2019 at the Company's offices in Haifa, the proposed resolutions described in the Proxy Statement to the Shareholders dated October 10, 2019 (the "Proxy") and detailed hereunder were approved by the respective required majority:
HAIFA, Israel , Oct. 31, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $50 million ...