Elbit Systems

Elbit Systems Competitive Intelligence & Landscape

elbitsystems.com ·

Overview

Elbit Systems Overview

Elbit Systems is a leading global defense technology company that specializes in delivering advanced solutions for a secure and safer world. The company develops, manufactures, integrates, and sustains a wide range of next-generation solutions across multiple domains, leveraging an agile and collaborative culture, and Israel’s technology ecosystem to address rapidly evolving battlefield challenges [https://www.elbitsystems.com/about-us].

Elbit Systems provides a broad portfolio of airborne, land, and naval systems and products primarily for defense and homeland security, as well as commercial applications. Their offerings include solutions for Air & Space, Land, Naval, Autonomous systems, Networked Warfare, Cyber, Homeland Security (HLS), and commercial markets [https://www.elbitsystems.com/our-solutions]. Specific products and systems include those for airborne platforms, unmanned aerial solutions, precision guided munition (PGM) sensors, aerostructures, and training and simulator systems [https://elbitsystems.com/segments].

With its principal executive offices located in Haifa 31053, Israel [https://www.elbitsystems.com/sites/default/files/2025-02/8793706.pdf], Elbit Systems operates as a worldwide organization, fostering partnerships with local industries and utilizing regional capabilities to meet the needs of its global customer base [https://www.elbitsystems.com/global-presence]. The company's mission is to empower its customers with the tools and technologies necessary to face the future with confidence, tailoring total solutions based on core competencies and multidisciplinary expertise. In 2025, the company reported a revenue of $7.9 billion and an order backlog of $28.1 billion, with 46% year-over-year growth in Non-GAAP EPS. While a specific founding year isn't provided, financial reports are available as far back as 2007 [https://www.elbitsystems.com/investor-relations].

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Competitors

Elbit Systems Competitors

Among the key competitors for Elbit Systems (elbitsystems.com) in the defense technology sector is L3Harris Technologies, Inc., a significantly larger entity that also operates in space and defense. Both companies offer advanced solutions, but L3Harris benefits from a broader scope and larger resources, potentially impacting market share and the scale of contracts they can pursue. While Elbit Systems focuses on advanced defense technology across various domains like air, land, sea, cyber, and homeland security, L3Harris maintains a more expansive global presence and a broader portfolio that can sometimes overlap with Elbit Systems' offerings in specific areas.

Another major competitor is Thales Group, a European powerhouse that challenges Elbit Systems in areas such as naval systems, avionics, and C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance).

Thales is backed by strong domestic government procurement and an integrated European supply chain, which can give it an advantage in securing contracts within the European market.

Elbit Systems, while globally focused, might face stiffer competition from Thales in these specific regions due to established relationships and supply chain efficiencies.

Leonardo S.p.A. also stands as a significant competitor to Elbit Systems, particularly in areas like naval, avionics, and C4ISR. Similar to Thales, Leonardo leverages its European base and government support to compete for large defense contracts. Both Leonardo and Elbit Systems offer comprehensive solutions across multiple defense domains, but Leonardo's extensive history and strong ties within the European defense industry provide a distinct competitive edge, particularly regarding pricing and established procurement processes.

Finally, Israel Aerospace Industries (IAI) operates as a direct competitor to Elbit Systems within the aerospace and defense sector, particularly in Israel.

IAI develops and manufactures systems for air, space, sea, land, cyber, and homeland security, directly overlapping with many of Elbit Systems' core competencies. While both are Israeli companies with strong domestic ties, they compete for government contracts and market share, with IAI offering a similar range of advanced defense systems and solutions.

Product & Pricing

Elbit Systems Product and Pricing Intelligence

Elbit Systems (elbitsystems.com) is a prominent global defense technology company that provides advanced solutions across various domains, including air, land, naval, autonomous, networked warfare, cyber, and homeland security [elbitsystems.com]. While specific pricing plans, tiers, or free versus paid features are not publicly disclosed on their website, the company’s offerings consist of sophisticated defense and intelligence technologies tailored for complex challenges [elbitsystems.com]. Their business model focuses on delivering high-end, customized solutions to governmental and military clients rather than offering standardized product pricing or free tiers.

Elbit Systems provides a wide array of products designed to empower customers with the tools needed to face future threats with confidence [elbitsystems.com]. Key offerings include the Torch-X™ Comms tactical communication platform, which enables direct voice and data communication among command posts and front-line forces using various media types like VHF, HF, LAN, and satellite networks [elbitsystems.com/product/torch-x-comms/]. Another significant product is the Dominator™-X Dismounted Soldier Suite, an integrated dismounted-warrior suite that enhances combat effectiveness and survivability through hardware components and C4I applications [elbitsystems.com/networked-warfare/joint-land/soldier-systems/dominator-x].

For autonomous systems, Elbit Systems offers a comprehensive range of Unmanned Aerial Systems (UAS), from man-portable mini-UAS like the Skylark™ LEX to multi-mission Medium Altitude Long Endurance (MALE) UAS such as the Hermes™ 900 [elbitsystems.com/autonomous/aerial/elbit-systems-uavs]. In the realm of homeland security, they provide the Sense-All multi-sensor, multi-mission intelligence solution for military, HLS, and border patrol units, which offers autonomous intelligence capabilities and unified situational awareness [elbitsystems.com/homeland-security-hls/observation-surveillance-detection/detection-sensing-systems/sense-all]. Additionally, their Urban Security Solution aids municipal authorities and law enforcement in reducing crime and managing public events through deep learning image analytics and media aggregation [elbitsystems.com/product/urban-security-solution/].

Given the nature of Elbit Systems' advanced defense and intelligence solutions, their products and services are typically procured through government contracts and large-scale defense acquisitions. The company's financial information, including a reported order backlog of $28.1 billion and revenue of $7.9 billion in 2025, indicates a project-based pricing model rather than fixed commercial pricing [elbitsystems.com]. There are no public announcements regarding recent pricing changes for individual products, as their engagements are often bespoke and long-term, reflecting the complexity and specialization of the defense sector.

Hiring & Layoffs

Elbit Systems Hiring and Layoffs

Elbit Systems (elbitsystems.com) emphasizes empowering its employees through a responsible and inclusive workplace culture, supported by a focused human resources strategy designed to foster innovation and service excellence. The company invests in its highly skilled employees, acknowledging their importance in maintaining operational experience and technological know-how. This commitment extends to developing future leaders through excellence programs like "iLeaders," which aim to cultivate a thriving ecosystem of innovation both internally and externally by collaborating with venture capital funds.

While Elbit Systems actively seeks to maintain a strong workforce, recent job posting trends on LinkedIn indicate a decrease of 50% monthly, with only one active job posting at the time of the search. Key executive roles within the company, such as Chief System Engineer Alex Gelman, Head of Finance BU Kaizerman, and Electronic R&D Director Israel Hakak, highlight the technical and financial expertise within the organization. The company also lists roles like Director of Manufacturing Operations and various customer success and program directors, indicating a focus on operational efficiency and client satisfaction. Notably, Elbit Systems addresses the human factor in the AI revolution, recognizing the transformative impact of machine learning on HR while stressing the irreplaceable role of human interaction.

Elbit Systems' global presence and diverse solution offerings, spanning Air & Space, Land, Naval, Autonomous, Networked Warfare, Cyber, Homeland Security, and Commercial sectors, suggest a consistent demand for specialized talent to support its advanced defense technology initiatives. The company's career page on elbitsystems.com serves as a central point for human resources and recruitment inquiries. The focus on ethical conduct and an empowering environment for employees, including initiatives like multigenerational mentorship programs for women in STEM and showcasing women in defense technology, indicates a strategic approach to talent development and retention, rather than a pattern of layoffs.

Leadership

Elbit Systems Management and Leadership Team

The leadership team at Elbit Systems (elbitsystems.com) is helmed by Bezhalel (Butzi) Machlis, who serves as the President and Chief Executive Officer. Other key executives include Jonathan Ariel, Executive Vice President - Chief Legal Officer, and Dr. Shelly Gordon, EVP - Chief Human Resources Officer [https://www.elbitsystems.com/corporate-governance].

Yehuda Vered holds the position of EVP - Strategy, and Ilan Pacholder is the EVP – Mergers & Acquisitions and Financing [https://www.elbitsystems.com/business-overview].

Recent leadership changes at Elbit Systems include the appointment of Dr. Yaacov (Kobi) Kagan as Executive Vice President and Chief Financial Officer, a role he took on as of September 1, 2021. This appointment followed 20 years of service by his predecessor as CFO. Additionally, Joseph Gaspar was appointed Senior EVP - Business Management [https://elbitsystems.com/pr-new/elbit-systems-announces-new-appointments-joseph-gaspar-appointed-senior-evp-business-management-and-dr-yaacov-kobi-kagan-appointed-evp-and-cfo/].

Dr. Kagan is a primary contact for investor relations inquiries [https://www.elbitsystems.com/investor-relations].

The company's Investor Relations is managed by Daniella L. Finn, who serves as the VP Investor Relations [https://www.elbitsystems.com/investor-relations]. Further management includes Oren Sabag as EVP – General Manager of ISTAR & EW, and Haim Delmar as EVP – General Manager of C4I and Cyber [https://elbitsystems.com/media/Management-Organization-Chart-2022.pdf].

The Board of Directors for Elbit Systems Ltd. features several experienced individuals, including David Federmann, Ehud (Udi) Adam, Noaz Bar Nir, Rina Baum, Michael Federmann, Tzipi Livni, Dov Ninveh, Ehood (Udi) Nisan, and Bilha (Billy) Shapira [https://www.elbitsystems.com/sites/default/files/2026-01/elbit_systems_ltd._board_skills_matrix.pdf].

Financials

Elbit Systems Financial Performance, Fundraising, M&A

Elbit Systems, an international high-technology defense company, demonstrates robust financial performance with a significant order backlog and consistent revenue growth. For the full year ended December 31, 2025, the company reported an impressive order backlog of $28.1 billion and revenues totaling $7.9 billion, marking a 16% increase from 2024. GAAP net income for 2025 stood at $534 million, with non-GAAP net income at $598 million, and non-GAAP EPS reaching $12.75 [https://www.elbitsystems.com/news/elbit-systems-reports-fourth-quarter-and-full-year-2025-results][https://www.elbitsystems.com/sites/default/files/2026-05/investor_deck_q1_2026_0.pdf].

Continuing this positive trend into 2026, Elbit Systems reported a further increase in its order backlog to $30.2 billion by the end of the first quarter, March 31, 2026. Revenues for Q1 2026 were $2.19 billion, with GAAP net income at $160.8 million and non-GAAP net income at $186.4 million. The non-GAAP net EPS for the first quarter of 2026 was $3.87 [https://www.elbitsystems.com/news/elbit-systems-reports-first-quarter-2026-results][https://www.elbitsystems.com/sites/default/files/2026-05/investor_deck_q1_2026_0.pdf].

Throughout 2025, Elbit Systems achieved strong quarterly results. In the third quarter of 2025, the company recorded an order backlog of $25.2 billion and revenues of $1.9 billion, with non-GAAP net income at $159.8 million [https://www.elbitsystems.com/news/elbit-systems-reports-third-quarter-2025-results]. The second quarter of 2025 saw an order backlog of $23.8 billion and revenues of $2.0 billion, yielding a non-GAAP net income of $151.0 million [https://www.elbitsystems.com/news/elbit-systems-reports-second-quarter-2025-results]. The company's financial transparency is maintained through regular financial reports, earnings releases, and SEC filings available on its investor relations page [https://www.elbitsystems.com/investor-relations].

Elbit Systems maintains a market capitalization of approximately $35 billion and is listed on both NASDAQ and TASE. The company’s commitment to financial stability and growth is evident in its consistent performance, with strong cash flow generation and an emphasis on empowering customers through advanced defense technology [https://elbitsystems.com/][https://www.elbitsystems.com/sites/default/files/2026-05/investor_deck_q1_2026_0.pdf].

Partnerships

Elbit Systems Partnerships, Clients and Vendors

Elbit Systems (elbitsystems.com) actively engages in strategic partnerships and collaborations to deliver advanced defense solutions globally. Notably, they have teamed with BAE Systems and Elbit Systems of America to develop and integrate advanced operational capabilities for future Army combat vehicles [https://elbitsystems.com/news/bae-systems-elbit-systems-america-team-shape-future-army-combat-vehicles]. This collaboration extends to a strategic partnership with BAE Systems Hägglunds, resulting in a $150 million contract for the integration of Elbit Systems' Iron Fist Active Protection System (APS) into CV90 Infantry Fighting Vehicles for European NATO member states [https://www.elbitsystems.com/news/elbit-systems-iron-fist-aps-enhance-survivability-nato-european-cv90-fleets].

Elbit Systems has also formed significant alliances within the European defense sector. They have established EuroPULS GmbH, a 50:50 joint venture with KNDS, a pan-European land defense provider, to market the EuroPULS rocket artillery system to European armed forces [https://www.elbitsystems.com/news/knds-and-elbit-systems-launch-europuls-joint-venture, https://www.elbitsystems.com/news/knds-elbit-systems-sign-teaming-agreement-europuls-dsei-london]. Furthermore, a strategic partnership with Diehl Defence aims to offer the SkyStriker Loitering Munition System to the German Armed Forces [https://www.elbitsystems.com/news/elbit-systems-and-diehl-defence-form-strategic-partnership-offer-skystriker-loitering-munition].

The company's client base includes major armed forces and government entities. The U.S. Army is a key client, receiving Elbit Systems' FUSE THOR Group 2 Uncrewed Aircraft System (UAS) through a partnership with Mistral Inc. [https://elbitsystems.com/news/elbit-systems-fuse-provide-thor-uas-us-army-through-partnership-mistral]. Additionally, Elbit Systems of America has integrated data from Sintela's fiber optics-based Linear Ground Detection Systems (LGDS) into its TORCH™ Command & Control system for the United States Border Patrol, enhancing border security along America’s southern border [https://elbitsystems.com/news/elbit-systems-america-integrates-linear-ground-detection-system-torch-command-control-center].

Elbit Systems continues to expand its global footprint and ecosystem relationships.

Elbit Systems Sweden was awarded a $170 million contract to become the integration partner for the Swedish Army digitalization program LSS [https://elbitsystems.com/news/elbit-systems-awarded-approximately-170-million-contract-become-integration-partner-swedish]. The company emphasizes its global presence through subsidiaries and partnerships with leading defense companies worldwide, recognizing this as a significant competitive advantage [https://elbitsystems.com/business-overview]. They also collaborate with TKMS, aiming to establish a strategic framework agreement for cooperation in defense solutions [https://www.elbitsystems.com/news/tkms-and-elbit-systems-expand-their-collaboration-development-defense-solutions].

Events

Elbit Systems Event Participations

Elbit Systems (elbitsystems.com) actively participates in various global events, showcasing its advanced defense technologies and engaging with investors and industry professionals. The company regularly attends major international exhibitions, such as the Paris Airshow 2023 in Le Bourget, where it presented cutting-edge technological solutions [source], and IDEX 2023 [source]. Looking ahead, Elbit Systems will also be a participant in the Black Sea Defense & Aerospace (BSDA) exhibition in Romania in 2026, demonstrating a wide array of advanced systems, including locally produced solutions at the Elmet booth [source]. The company also participated in the Singapore Airshow 2024, where its team shared insights at the DataTalks conference [source].

Elbit Systems also frequently hosts and participates in events specifically for the investment community. This includes annual gatherings like the Elbit Systems Investor Conference, which took place in 2024, 2025, and is scheduled for 2026, featuring management presentations and Q&A sessions for institutional investors and analysts [source], [source], [source]. Additionally, the company holds Quarterly Results Conference Calls to discuss financial performance, such as the Q1 2026, Q4 2025, Q3 2025, and Q2 2025 results calls [source], [source].

Beyond large-scale conferences, Elbit Systems engages in more focused events. For instance, the company participated in a rare webinar alongside a NATO innovation leader to discuss the future of defense innovation [source]. These diverse event participations highlight Elbit Systems' commitment to showcasing its capabilities, fostering industry dialogue, and maintaining transparency with its stakeholders worldwide.

Frequently Asked Questions

What is the strategic significance of Elbit Systems' consistent participation in global defense exhibitions like Paris Airshow and IDEX?

Elbit Systems' consistent participation in major global defense exhibitions such as the Paris Airshow and IDEX indicates a strategy to continuously showcase its advanced technological solutions, engage with international investors and industry professionals, and secure future contracts. This proactive presence allows the company to demonstrate capabilities like those presented at the Paris Airshow 2023 and IDEX 2023, reinforcing its position as a leading global defense technology provider.

How do Elbit Systems' frequent investor conferences and quarterly results calls inform its financial transparency and investor relations strategy?

Elbit Systems' regular investor conferences and quarterly results calls, such as those held in 2024, 2025, and scheduled for 2026, demonstrate a strong commitment to financial transparency and proactive investor relations. These events, featuring management presentations and Q&A sessions, are designed to keep institutional investors and analysts informed about the company's financial performance and strategic direction, fostering confidence and attracting capital.

What does the 50% monthly decrease in Elbit Systems' LinkedIn job postings signify about its current hiring strategy or operational stability?

The 50% monthly decrease in Elbit Systems' LinkedIn job postings, with only one active posting at the time of search, could indicate a temporary slowdown in hiring, a shift in recruitment channels, or a period of internal optimization rather than a pattern of layoffs. The company emphasizes a strong, inclusive workplace culture and invests in employee development programs like 'iLeaders,' suggesting a focus on talent retention and internal growth alongside external recruitment for specialized roles.

Given Elbit Systems' substantial order backlog and revenue growth, what is the outlook on its market capitalization and financial stability?

Elbit Systems demonstrates robust financial stability and a positive outlook, supported by a $30.2 billion order backlog as of Q1 2026 and $7.9 billion in revenue for 2025, a 16% increase from 2024. This strong performance, alongside a market capitalization of approximately $35 billion and consistent Non-GAAP EPS growth, suggests continued confidence from investors and a capacity for sustained growth in the defense technology sector.

How do recent executive appointments, like Dr. Yaacov (Kobi) Kagan as CFO, reflect Elbit Systems' strategic priorities?

Recent executive appointments, such as Dr. Yaacov (Kobi) Kagan as Executive Vice President and CFO, signal a continued emphasis on strong financial leadership and strategic oversight. Kagan's role as a primary contact for investor relations inquiries, combined with other key leadership positions like EVP of Strategy and EVP of Mergers & Acquisitions and Financing, indicates a focus on financial performance, strategic growth, and investor confidence.

What competitive advantages does L3Harris Technologies possess that could challenge Elbit Systems' market position?

L3Harris Technologies poses a competitive challenge to Elbit Systems due to its significantly larger size, broader scope in space and defense, and greater resources. While both offer advanced solutions, L3Harris's expansive global presence and more extensive portfolio could impact Elbit Systems' market share and its ability to pursue large-scale contracts.

How does Thales Group's strong European presence and supply chain affect Elbit Systems' competitive landscape in Europe?

Thales Group's strong European presence, backed by domestic government procurement and an integrated European supply chain, provides a significant competitive advantage over Elbit Systems in specific regions. This allows Thales to potentially secure contracts more easily within the European market, particularly in areas like naval systems, avionics, and C4ISR, due to established relationships and supply chain efficiencies.

How do Elbit Systems' partnerships, such as the one with BAE Systems, enhance its market reach and product integration capabilities?

Elbit Systems' partnerships, such as the collaboration with BAE Systems and Elbit Systems of America, significantly enhance its market reach and product integration capabilities. These alliances enable the development of advanced operational capabilities for future Army combat vehicles and the integration of systems like the Iron Fist APS into CV90 Infantry Fighting Vehicles for European NATO member states, expanding Elbit's presence in key defense markets.

What is the strategic rationale behind Elbit Systems' joint venture EuroPULS GmbH with KNDS for the European market?

The strategic rationale behind Elbit Systems' EuroPULS GmbH joint venture with KNDS is to penetrate and strengthen its position within the European defense market for rocket artillery systems. This 50:50 partnership aims to jointly market the EuroPULS system to European armed forces, leveraging KNDS's pan-European presence and Elbit Systems' technological expertise to meet regional defense needs.

How does Elbit Systems' business model, based on customized solutions for governmental clients, impact its product pricing and accessibility?

Elbit Systems' business model, focused on delivering customized, high-end defense and intelligence solutions to governmental and military clients, means its products are typically procured through government contracts and large-scale defense acquisitions. This results in a project-based pricing model rather than publicly disclosed standardized pricing or free tiers, making its advanced technologies less accessible to commercial markets or individual purchasers.

What specific challenges might Elbit Systems face in competing with specialized alternatives like D-Fend Solutions in niche security domains?

Elbit Systems might face specific challenges in competing with niche alternatives like D-Fend Solutions, particularly in areas like anti-drone technology. D-Fend Solutions' EnforceAir system offers a specialized, non-kinetic drone detection and takeover mitigation capability, which could attract clients prioritizing those specific features over Elbit Systems' broader Homeland Security offerings, potentially impacting market share in specialized segments.

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