Amid global demand for munitions: Elbit's order backlog soars to new record

Elbit Systems reported revenues of $2.3 billion and net profit of $173.6 million in the first half of 2026. The CEO noted double-digit growth in sales, order backlog, and earnings per share, and emphasized investments in production infrastructure. The company is leading the development of high-power laser systems, including an airborne system for helicopters and fighter jets. Rafael and Israel Aerospace Industries are expected to report results soon.

Elbit Systems reported its financial results for the first half of 2026, with revenues of $2.3 billion and net profit of $173.6 million under US-GAAP. The company's president and CEO was quoted as saying that the company is showing double-digit growth in sales, order backlog, and earnings per share. He emphasized the acceleration of investments in production infrastructure as part of a methodological approach to expanding operations and improving outputs. It was also noted that the company is leading the development of high-power laser systems, including an airborne system under development for helicopters and fighter jets. The article notes that Rafael and Israel Aerospace Industries may report their results in the coming days, and that both companies are already reporting significant growth in order backlog and revenues. These are government companies that do not report to the stock exchange.