UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F □ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2022 Commission File No. 0-28998 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...

Exhibit 1 Elbit Systems Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022 Haifa, Israel, May 1, 2023 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) ("Elbit Systems" or the "Company") announced that on May 1, 2023, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the "2022 Annual Report") with the U.S. Securities and Exchange Commission, the Israel Securities Authority and the Tel Aviv Stock Exchange. The 2022 Annual Report can be vie ...

Financial Data and Key Metrics Changes - The company reported fourth quarter revenues of $1.506 billion, an increase from $1.494 billion in the same quarter of 2021 [32] - For the full year 2022, revenues were $5.5 billion compared to $5.3 billion in 2021 [32] - The GAAP gross margin for the fourth quarter was 25.3%, up from 25.1% in the fourth quarter of 2021, while the GAAP gross margin for 2022 was 24.9%, down from 25.7% in 2021 [35] - Non-GAAP operating income for 2022 was $357 million, or 6.5% of revenues, compared to $451 million, or 8.5% of revenues in the previous year [36] - The company ended 2022 with a record order backlog of $15.1 billion, an 11% increase from the end of 2021 [30] Business Line Data and Key Metrics Changes - C4ISR accounted for 29% of revenues, increasing year-over-year due to UAS and anti-submarine warfare sales [18] - Airborne systems represented 37% of revenues but declined year-over-year, offset by growth in training and simulation sales [18] - Land systems accounted for 22% of total revenues, with a decline attributed to the sale of Ashot Ashkelon [33] - Electro-optics increased to 10% of revenues due to higher sales of night vision systems [33] Market Data and Key Metrics Changes - North America contributed 27% of revenues, Europe 23%, Asia-Pacific 26%, and Israel 19% [34] - European revenues increased mainly due to growth in UAS, munitions, and training and simulation sales [34] - Asia-Pacific revenue declined due to lower precision guided munitions and C4ISR sales [13] Company Strategy and Development Direction - The company is focused on being a leader in various markets, investing in R&D, particularly in high power lasers, guided munitions, and autonomy [4][5] - Significant investments are being made in expanding manufacturing capabilities and upgrading production facilities [43][48] - The company is transitioning to a single ERP system to improve operational efficiency, with an expected total investment of approximately $200 million [44] Management's Comments on Operating Environment and Future Outlook - Management noted that global supply chain pressures are expected to ease gradually in 2023, with significant improvements anticipated in the second half of the year [16] - The company is optimistic about growth in demand for unmanned systems and land systems, particularly in Europe [66] - Political developments in Israel have not yet impacted the business, but sustained instability could increase economic uncertainty [57] Other Important Information - The company declared a dividend of $0.50 per share [46] - The construction of a new ammunition production site in Ramat Beka is on schedule to be operational by 2024 [43] Q&A Session Summary Question: How much of the 11% backlog growth can be attributed to Europe? - A significant part of the backlog growth came from Europe, but Asia-Pacific and the U.S. also contributed positively [65] Question: What drove the weakness in unmanned systems in the quarter? - The company sees growing demand for unmanned systems in Europe and is optimistic about future growth in land systems [66] Question: Is a growth range of 4% to 6% reasonable for 2023? - The company does not provide guidance but expects to realize some backlog growth in revenues during 2023 [72] Question: Can the company cover inflation from base labor rates in pricing for 2023? - The company expects an improvement in labor costs in dollar terms due to currency exchange rate changes [75] Question: What are the opportunities in Japan following the recent strategic MOU? - The company sees significant opportunities in Japan's defense market, particularly in training solutions and air defense [81] Question: Updates on ongoing investment programs? - The new facility in Ramat Beka will be operational by June 2024, and the South Carolina facility will enter production in 2023 [82]

Elbit Systems Limited (NASDAQ:ESLT) Q3 2022 Earnings Conference Call November 29, 2022 9:00 AM ET Company Participants Butzi Machlis - President, Chief Executive Officer Kobi Kagan - Chief Financial Officer Yossi Gaspar - Senior Executive Vice President, Business Management Rami Myerson - Investor Relations Conference Call Participants Pete Skibitski - Alembic Global Ellen Page - Jefferies Ella Fried - Bank Leumi Ilya Fainer - Leader Capital Markets Operator Ladies and gentlemen, thank you for standing by. ...

Earnings Release ELBIT SYSTEMS REPORTS THIRD QUARTER 2022 RESULTS Backlog of orders at $14.7 billion; Revenues of $1.3 billion; Non-GAAP net income of $63 million; GAAP net income of $56 million; Non-GAAP net EPS of $1.40; GAAP net EPS of $1.26 Haifa, Israel, November 29, 2022 – Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ and TASE: ESLT), the international high technology company, reported today its consolidated results for the quarter ended September 30, 2022. In this release, the Company ...

Call Start: 09:00 January 1, 0000 9:51 AM ET Elbit Systems Ltd. (NASDAQ:ESLT) Q2 2022 Earnings Conference Call August 16, 2022, 09:00 ET Company Participants Rami Myerson - Director, Investor Relations Kobi Kagan - CFO Butzi Machlis - President & CEO Yossi Gaspar - Senior EVP Conference Call Participants Ellen Page - Jefferies Pete Skibitski - Alembic Global Ella Fried - Bank Leumi Operator Welcome to Elbit Systems Second Quarter 2022 Results Conference Call. [Operator Instructions]. As a reminder, this con ...

Earnings Release ELBIT SYSTEMS REPORTS SECOND QUARTER 2022 RESULTS Backlog of orders at $14.1 billion; Revenues of $1.3 billion; Non-GAAP net income of $77 million; GAAP net income of $81 million; Non-GAAP net EPS of $1.73; GAAP net EPS of $1.82 Haifa, Israel, August 16, 2022 – Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ and TASE: ESLT), the international high technology company, reported today its consolidated results for the quarter ended June 30, 2022. In this release, the Company is pr ...

Elbit Systems™ Investor Overview May 2022 Safe Harbor This presentation, reference to which herein includes information that may be provided by Elbit Systems Ltd. ("Elbit systems", and collectively with any or all of its subsidiaries, the "Company") orally or in writing in connection therewith, is provided for general information only, and should not be relied upon for making any investment decision. By attending or viewing this presentation, each attendee ("Attendee") agrees that he or she (i) has read thi ...

Elbit Systems Ltd. (NASDAQ:ESLT) Q1 2022 Earnings Conference Call May 24, 2022 9:00 AM ET Company Participants Rami Myerson - Investor Relations Director Butzi Machlis - President and CEO Kobi Kagan - CFO Yossi Gaspar - Senior EVP, Business Management Conference Call Participants Scott Forbes - Jefferies Ella Fried - Bank Leumi Operator Ladies and gentlemen, thank you for standing by. Welcome to Elbit Systems First Quarter 2022 Results Conference Call [Operator Instructions]. As a reminder, this conference ...

Earnings Release ELBIT SYSTEMS REPORTS FIRST QUARTER 2022 RESULTS Backlog of orders at $13.7 billion; Revenues of $1.35 billion; Non-GAAP net income of $54 million; GAAP net income of $53 million; Non-GAAP net EPS of $1.22; GAAP net EPS of $1.19 Haifa, Israel, May 24, 2022 – Elbit Systems Ltd. (" Elbit Systems" or the "Company") (NASDAQ and TASE: ESLT), the international high technology company, reported today its consolidated results for the quarter ended March 31, 2022. In this release, the Company is pro ...