Elbit Systems Ltd.: Initiation Of Coverage – Will Its Expansion Of UAV Capabilities Be A Game Changer? 

Elbit Systems Ltd. reported significant achievements in the second quarter of 2024, reflecting a conglomerate with robust operational dynamics and a strategic global footprint in the defense sector. The company’s revenue saw a year-over-year increase of 12%, pushing the figure up to $1.626 billion from $1.454 billion in 2023. This consistent revenue enhancement underscores not only a sustained demand for Elbit Systems’ diversified defense solutions but also the company’s ability to leverage growth opportunities across different geographies—namely Europe, North America, Asia Pacific, and Israel.