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Elbit Systems Soars: $2.57 Earnings, Iron Beam Launch By 2025

5/20/2025

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Summary

Story summary

Elbit Systems of Israel celebrated a strong first quarter, posting earnings of $2.57 per share, a significant jump from last year's $1.81, thanks to a 20% surge in aerospace sales. With a promising outlook, the Iron Beam laser defense system is set to launch by 2025, while the company's backlog swells to $23.1 billion amid rising global defense investments.

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Story summary

Elbit Systems of Israel celebrated a strong first quarter, posting earnings of $2.57 per share, a significant jump from last year's $1.81, thanks to a 20% surge in aerospace sales. With a promising outlook, the Iron Beam laser defense system is set to launch by 2025, while the company's backlog swells to $23.1 billion amid rising global defense investments.