KTOS and ESLT are expanding in advanced defense technologies as demand rises for unmanned systems, electronic warfare and more.
Elbit Systems remains a Buy despite a 17% stock drop, supported by strong Q2 growth and a record $32B backlog. Q2 revenue rose 15.9% year-over-year, with margin expansion and free cash flow more than doubling, though capacity constraints cap near-term upside. Backlog growth is driven by international demand, especially from Europe, but delivery schedules and operational risks remain material.
Elbit Systems Ltd. (ESLT) Q2 2026 Earnings Call Transcript
| Aerospace & Defense Industry | Industrials Sector | Bezhalel Machlis CEO | XSTU Exchange | IL0010811243 ISIN |
| IL Country | 21,000 Employees | 13 Oct 2026 Last Dividend | - Last Split | - IPO Date |
Elbit Systems Ltd. is a globally recognized company specializing in the development and distribution of a broad array of systems and products for defense, homeland security, and commercial aviation applications. With its operations spread across key regions including Israel, North America, Asia-Pacific, Europe, and Latin America, Elbit Systems serves a diverse and international clientele. The company is organized into five main segments: Aerospace; Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4I) and Cyber; Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) and Electronic Warfare (EW); Land; and Elbit Systems of America (ESA). Founded in 1966 and based in Haifa, Israel, Elbit Systems has established itself as a prime contractor or subcontractor for various government entities and private companies, offering a wide range of solutions from military aircraft systems to advanced cyber intelligence technologies.