Elbit Systems(ESLT)
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Elbit Systems(ESLT) - 2023 Q4 - Annual Report
2024-03-28 11:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) □ 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, 2023 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 S ...
Elbit Systems(ESLT) - 2023 Q4 - Earnings Call Transcript
2024-03-26 16:24
Rami Myerson - VP-IR Kobi Kagan - EVP and CFO Butzi Machlis - President and CEO Rami Myerson Kobi will begin by providing a discussion of the financial results, followed by Butzi, who will talk about some of the significant events during the quarter and beyond. We will then turn the call over to a question-and-answer session. Earlier today, we hosted an Investor Conference at the Tel Aviv Stock Exchange. A presentation of the event is available in the Investor Relations section of our website at www.elbitsy ...
Elbit Systems(ESLT) - 2023 Q4 - Annual Report
2024-03-26 11:02
Earnings Release ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Backlog of orders at $17.8 billion; Revenues of $6.0 billion; Non-GAAP net income of $299 million; GAAP net income of $215 million; Non-GAAP net EPS of $6.70; GAAP net EPS of $4.82 Haifa, Israel, March 26, 2024 – Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ and TASE: ESLT), the international high technology defense company, reported today its consolidated results for the fourth quarter and full year ended Decem ...
Elbit Systems Awarded Approximately $300 Million Contract to Supply Defense Solutions for an International Customer
Prnewswire· 2024-03-25 09:24
HAIFA, Israel, March 25, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it has been awarded a contract worth approximately $300 million to supply defense solutions to an international customer. The contract will be performed over a period of ten years. Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: " This contract further validates our position as a global leader in defense technology, delivering advanced solutions t ...
Elbit Systems Reports Impact on its Fourth Quarter 2023 Financial Results Due to Non-Cash Expenses
Prnewswire· 2024-03-05 08:43
HAIFA, Israel , March 5, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it expects to record non-cash expenses of approximately $52 million in the fourth quarter of 2023. The expenses are related to the write-off of inventory due to the closing of an underperforming subsidiary with limited synergies to the Company, and of contract assets related to a discontinued project managed under the subsidiary. Approximately $34 million of th ...
Elbit Systems Awarded an Approximately $600 Million Contract to Supply Systems for the Redback IFV Under the Australian Land 400 Phase 3 Project
Prnewswire· 2024-02-26 08:23
HAIFA, Israel, Feb. 26, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company"), announced today, following its announcement from August 16, 2023, that it was awarded a contract worth approximately $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. This project aims to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles (IFV) for the Australian Army. ...
Elbit Systems Schedules Fourth Quarter & Full Year 2023 Results Release for March 26, 2024
PRNewsWire· 2024-02-26 08:06
Conference Call Scheduled for March 26, 2024 at 9:00am ETHAIFA, Israel, Feb. 26, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it will be releasing its fourth quarter and full year 2023 financial results on Tuesday, March 26, 2024. Results Conference CallThe Company will host a conference call on March 26, 2024, at 9:00am Eastern Time. On the call, management will review and discuss the results and will be available to answer questions. To partici ...
Elbit Systems Awarded a $300 Million Contract to Supply Armored Vehicle Systems to a European Customer
Prnewswire· 2024-02-20 07:33
HAIFA, Israel, Feb. 20, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract in an amount of approximately $300 million to supply weapon, reconnaissance, driving, and situational awareness systems for approximately 230 armored vehicles, to a European customer. The contract will be performed over a period of six years and includes custom design, production, lifecycle maintenance and complete in-country support. ...
Elbit Systems(ESLT) - 2023 Q3 - Earnings Call Transcript
2023-11-28 17:22
Kobi Kagan - Executive Vice President & Chief Financial Officer Operator Rami Myerson With that, I would like now to turn the call over to Kobi. Kobi, please. Turning now to results of the third quarter. Third quarter revenues increased by 11% to $1.52 billion compared to $1.34 billion in the third quarter of 2022. In terms of quarterly revenues by segment, aerospace revenues increased by 24% in the third quarter of 2023 compared to the third quarter of 2022, mainly due to training and simulation sales in E ...
Elbit Systems(ESLT) - 2023 Q3 - Quarterly Report
2023-11-27 16:00
Earnings Release ELBIT SYSTEMS REPORTS THIRD QUARTER 2023 RESULTS Backlog of orders at $16.6 billion; Revenues of $1.5 billion; Non-GAAP net income of $73.5; GAAP net income of $60.7 million; Non-GAAP net EPS of $1.65; GAAP net EPS of $1.36 Haifa, Israel, November 28, 2023 – Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ and TASE: ESLT), the international high technology defense company, reported today its consolidated results for the third quarter ended September 30, 2023. In this release, t ...