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Elbit shares tumble despite global defense demand driving record backlog
Israeli defense giant's profit jumps 38% and backlog hits a record $32 billion as sales reach $2.3 billion, but shares slide 9.4% amid apparent profit-taking after a three-year surge
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calcalistech.com
Elbit’s $32 billion backlog is funding its next bet on warfare: airborne lasers | CTech
The Israeli defense giant reported a 16% increase in second-quarter revenue to $2.3 billion and a 39% jump in operating profit as it expands production and develops a high-power…
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investors.com
Israeli Defense Firm Beats Earnings; Stock Sinks Over Iran War Renewal
Elbit Systems fell sharply early Tuesday, despite handily beating expectations.
