Elbit Systems Reports Record Results: Significant Revenue Growth Amid Russia-Ukraine Conflict

Strong Financial Performance in Q1 2025

Elbit Systems has announced outstanding financial results for the first quarter of 2025, showcasing remarkable performance across various metrics. The company reported a backlog of orders amounting to $23.1 billion, reflecting a 14% increase compared to the same quarter last year. Revenues reached $1.9 billion, with a net profit of $117.2 million and free cash flow generated during the quarter totaling $161 million.

Continued Growth Driven by Global Demand

CEO Bezalel (Bozy) Machlis stated, “Elbit Systems is announcing another set of strong financial results, demonstrating double-digit growth in revenue, operating profit, and earnings per share for the fourth consecutive quarter. Ongoing global conflicts are leading to increased defense budgets worldwide.”

Machlis further highlighted that the 22% growth in revenue illustrates the rising demand for the company’s products and solutions globally. He expressed confidence that Elbit is well-positistartd to capitalize on the opportunities arising from the increase in defense budgets, particularly in Europe, supported by the company’s established subsidiaries across the continent.

Strategic Investments to Meet Demand

The company continues to invest in expanding production capabilities and optimizing supply chains to meet its increasing backlog and high demand for its products. Machlis concluded, “These results would not have been possible without the dedicated employees we have around the world, for which I am grateful.”

In summary, Elbit Systems’ performance reflects a significant upward trend in the defense industry, driven by global economic and geopolitical factors. As the company aims to leverage this growth, it remains focused on maximizing operational efficiency and responding effectively to market demands