Defense

ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS   Backlog of orders at $10.0 billion; Revenues of $4.51 billion; Non-GAAP net income of $297.8 million; GAAP net income of $227.9 million; Non-GAAP net EPS...

 Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period,...

 Elbit Systems announced today that it was selected by the Federal Office for Bundeswehr Equipment, Information Technology, and In-Service Support to support the preliminary design of Airborne Electronic Warfare (EW) self-protection systems for the CH‑53 GS/GE transport helicopters, as part of the platform upgrade program led...

Rafael announced it has received an order from Germany to purchase 1,500 Spike missiles, at a value of 200 million Euro. Germany first ordered Spike missiles in 2012. Spike missiles are primarily anti-tank missiles. Rafael has exported 30,000 Spike missiles, to date.

Elbit Technologies announced it received a major order from Switzerland. The order tags Elbit to supply the Swiss Armed Forces with a comprehensive tactical communication solution. The contract has to be ratified by the Swiss Parliament. Elbit did not disclose the exact...

Elbit Systems Ltd. announced today that its UK subsidiary, Elbit Systems UK Ltd. was awarded an approximately $38 million contract from the UK Ministry of Defense to supply comprehensive JFST systems to the British Army. The JFST systems will be supplied over...

Elbit reported second quarter results today which reflected an increase in revenue of nearly 20% from the second quarter of 2018. Most of the increase reflects the integration of Israel Military Industries  It reported having a backlog of $9.8 billion in orders.

Elbit Systems Ltd. has continued its series of sales to unnamed countries in Asia. Today, Elbit announced an $80 million contract to upgrade tanks and supply radio systems for the Army of a country in South East Asia. The contract will be...

Tanks were first used in warfare during World War I, in an attempt to break the stalemate created by the trench warfare in the West. Since their introduction, tanks have evolved in a somewhat linear fashion. The guns have become larger, the armor thicker,...

Today has been a very good day for Israel Aerospace Industry. The Israeli Ministry of Defense announced that Israel and the United States completed three extremely successful tests of the Arrow anti-missile system in Alaska, in which the system directly hit three...