Defense Systems Elbit (Tase: Elst; NASDAQ: Elst) keeps growing products for Gaza products shot in the first quarter. The company is sold at the near peak level, with a market cap of $ 18 billion, 57% higher than the beginning of this year.
We in the first quarter of 2025 are $ 1.9 billion, 22% more than $ 1.6 billion in the first quarter of 2024. 8.1% of 2024 as a whole 8.7% of the first quarter of 2025.
Orders of systems on systems continue to grow, reach $ 23.1 billion at the end of the first quarter, up to $ 500 million in the quarter. The company says that 66% of the backlog represents orders from outside Israel. 51% is due to the delivery period of the remaining 2025 and by 2026.
The proportion of systems in systems from Israel is continuing to grow in the first quarter, which reaches 32.1%. In 2023, the Israelites recounted 19.5% of the company’s income, and by 2024 29%. However, the company continues to report revenue growth from all geographical areas where it works.
Elbit systems President and CEO Bezhalel Machlis said, “systems are now announcing a set of participating in participation in participation in participation in participation in the participation of defense budgets.
“We believe Elphat is good to take and benefit from the opportunities to add defense budgets around Europen with our published contracts.”
Published in Globes, Israel News in News – en.globes.co.il – On May 20, 2025.
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