$40b Elbit becomes Israel’s most valuable co

Defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) has become the most valuable Israeli company traded on the Tel Aviv Stock Exchange (TASE) and on Wall Street and the second most valuable company on the TASE after US cybersecurity giant Palo Alto Networks (Nasdaq: PANW), which began trading in Israel last week. Elbit Systems, managed by CEO Bezhalel Machlis and controlled by Mikey Federmann, today leapfrogged Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA)Bank Leumi (TA ...