Elbit Systems (ESLT) has released an update.
Elbit Systems announced a robust first-quarter performance for 2024, with an order backlog exceeding $20 billion, and revenues climbing to $1.6 billion. The company saw a GAAP net income of $74 million and non-GAAP net income of $81 million, reflecting heightened global demand for their defense technologies. Despite the ongoing ‘Swords of Iron’ conflict, Elbit has managed to increase support to the Israeli Ministry of Defense while also maintaining international market activities.
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