Israel’s Elbit Systems riding high and reports almost a billion dollars in orders to close 2024
Elbit’s latest contract for communications systems follows several recent wins. (Photo: Elbit Systems)
Elbit Systems has signed another US$967 million in orders in the past three months after reporting its land revenues increased by 24% for 3Q2024 compared to 3Q 2023 thanks to increasing ammunition and munition sales in Israel.
The Israeli Ministry of Defense (MoD) has ordered communication systems from Elbit Systems ranging from software defined radios and satellite communication systems to data-links for autonomous platforms under a US$130 million deal announced last week.
This latest deal followed recent contracts for hundreds-of-millions of dollars for European customers, as well as Israel and the US, building on a large order book which is at its highest ever at US$22.1 billion at the end of 3Q 2024.
Revenues in 3Q 2024 were US$1.7 billion, as compared to US$1.5 billion in 3Q 2023. Growth was strong across all division with aerospace revenues
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Land Warfare
-
![British Army Land Rover replacement plan inches forward]()
British Army Land Rover replacement plan inches forward
The UK Ministry of Defence has proposed a selection date of May 2027 for the Land Rover replacement requirement, with deliveries expected through to 2036. Next month’s DVD exhibition will be a key shop window for bidders.
-
![Snow patrol and access all areas: the Arctic all-terrain vehicles market grows]()
Snow patrol and access all areas: the Arctic all-terrain vehicles market grows
The procurement and planned procurement of articulated tracked all-terrain vehicles is being driven by a need to replace older platforms and an acknowledgement of a capability gap for Arctic regions.
-
![Push strengthens for a second JLTV supplier]()
Push strengthens for a second JLTV supplier
A move, launched in May, could lead to a second supplier for the US Marines Corps’ Joint Light Tactical Vehicle requirement. Meanwhile, Wisconsin elected representatives have been pushing for necessary funding to be included in the FY27 budget.
-
![Canada reveals first requirements for future long-range air-to-air missile]()
Canada reveals first requirements for future long-range air-to-air missile
Exclusive: Ottawa says its future NORAD interceptor must be highly stealthy, resistant to jamming and capable of engaging threats at very long range, while leaving the competition open to domestic and international suppliers.
