Elbit System's PULS Rocket Launcher Artillery Systems, from which the SILAM system is derived. (Elbit Systems)
JERUSALEM — Israel’s Elbit Systems has an order backlog of $30 billion, the company announced as part of its quarterly report last week.
Of Israel’s three defense giants, Elbit is the only one that is a public company, while Israel Aerospace Industries and Rafael Advanced Defense Systems are state-owned, so Elbit’s financials can often give a sense of how Israel’s defense industry is doing.
“Our strategic positioning reflects our evolution into a fully integrated end-to-end defense provider across land, sea and air. With demand rising well above historical levels, we continue to focus on order execution,” Elbit’s President and CEO Bezhalel Machlis said. He added that the company was scaling production capacity and increasing use of robotics and AI in automation.
The company said that backlog growth in this quarter was “driven mainly by Israel and Asia, with approximately 71% of the backlog attributable to orders outside Israel. About 49% of the backlog is expected to be performed during the remainder of 2026 and in 2027.” In general the company’s revenues come from a mix of sectors, including C4I, cyber, ISTAR, electronic warfare, ammunition, unmanned aerial systems and lasers.
