Description
Elbit Systems’ $2.189 Billion Quarter Shows Broad-Based Defense Momentum; But Will It Last?
Elbit Systems Ltd. reported solid financial and operational results for the first quarter of 2026, reflecting double-digit growth in revenues, operating profit, and earnings per share (EPS). Revenues increased by 15.5% to $2.189 billion, compared to the same period in 2025, marking the first quarter with higher revenues than the preceding fourth quarter. This growth was supported by strong demand across key markets, with Europe contributing 23% of revenues, North America 20%, Asia Pacific 16%, and Israel 37%. Notably, Europe emerged as a significant growth driver with strengthening demand trends. Segment performance showed broad-based growth, with Communications, Command, Control, Computers, Intelligence and Cyber (C4I & Cyber) segment revenues rising 17%, mainly due to radio systems and command and control systems sales in Europe. Intelligence, Surveillance, Target Acquisition, and Reconnaissance and Electronic Warfare (ISTAR & EW) revenues also grew 17% due to increased sale of airborne high-power laser and EW systems.
