Elbit Systems

Israeli defense firms Elbit Systems, Israel Aerospace Industries, and Rafael have secured spots in the top 30 of the 'Defense News' global 100 list. This milestone coincides with Elbit Systems announcing $270 million in new international contracts.

After a massive rally and significant capital inflows, investors betting on the defense industry have suffered a painful blow. We analyze the reasons behind the rapid collapse and the potential impact of future IPOs from industry giants.

The major defense company has signed contracts totaling approximately $270 million to be fulfilled over six years. This order adds to a massive backlog that secures the company's revenue for years to come.

The cyber giant recovered sharply from last week's sell-off, jumping over 10% and approaching a threshold that no company on the stock exchange has ever crossed. On the other side, Elbit continued its retreat, falling below 100 billion shekels and losing fourth place in the ranking. What is driving these two trends?

Washington joins the UK in imposing strict sanctions on the pro-Palestinian organization that led massive protests against Israel and carried out violent acts, including storming Elbit factories and vandalizing British Air Force aircraft. Anyone doing business with them now risks sanctions. The US Treasury Secretary stated: "We will cut off their financial oxygen supply."

The judge dissolved the jury in the trial after a single conviction was reached out of 15 charges. After more than 37 hours of deliberation, only one conviction for "criminal damage" was reached. In a separate proceeding: a Jewish left-wing activist who praised the October 7 massacre was acquitted of a charge of supporting Hamas.

Elbit Systems is launching the new THMS system in Denmark, a mobile battlefield networking platform that deploys in under five minutes, carries advanced sensors, and enables up to 24 hours of autonomous operation.

Defense giant Elbit Systems reported a 38% profit jump and a record $32 billion backlog, yet its stock plummeted 9%, losing third place to Bank Leumi. The decline highlights the dangers of sky-high market expectations. Meanwhile, Bank Hapoalim returned to the 100 billion shekel valuation club, and Palo Alto nears the unprecedented one-trillion shekel threshold.

The Stock Exchange closed today with significant fluctuations in the two flagship indices. Among the rising stocks, no dramatic gains were recorded, but in the declining sector, Israeli companies experienced severe shocks.

The two largest defense stocks on the Tel Aviv Stock Exchange posted good financial results but plunged on the day of the report. The reason: when the valuation is twice the industry average, good results are not enough. "A high bar of expectations has been built around defense stocks."

The largest Israeli defense company reported a 38% jump in net profit, despite a sharp increase in tax payments. The key figure explaining sustained investor interest is the record order backlog, which secures the company's growth for years to come.

The company generated $2.29 billion in revenue and $199 million in profit in the second quarter of the year, beating analyst expectations. According to the company, 73% of its current order backlog comes from abroad.

Hapoalim, Leumi, Discount and Beinleumi are reporting this week, alongside Elbit, Strauss, Cellcom and Isracard. What is the market looking for, and why is it important to you even if you haven't bought a single share directly?

During a meeting with Ukrainian President Volodymyr Zelensky, Aleksandar Vučić announced the inauguration of the military project. Previously, the president announced that an agreement had been signed with Elbit Systems and that the factory would be "one of the most serious drone production facilities in the world."

July was green in almost every sector, but defense stocks were left behind. The relative calm in the security arena prevented them from participating in the market rally, and the 'return to the mean' rule barely worked here. Why didn't Next Vision recover, and what distinguishes Elbit Systems from the rest?

Elbit's US subsidiary has signed a contract worth up to $300 million to supply helmet systems for US fighter jets. This deal joins a series of major contracts secured in recent weeks, strengthening the company's backlog and impacting the returns of Israeli savings funds.

Fears of a renewed security escalation with Iran sent the defense giant's stock to a sharp jump, propelling it to second place in market value—effectively the first in Israeli terms. Tower also surged, but the weekend in the USA shuffled the cards.