Elbit Systems Ltd

F:EB2

Business Description

Sector

Industrials

Industry

Aerospace & Defense

Headquarters

Israel IL

Employees

20 537

IPO date

Jun 1, 2010

Elbit Systems makes military electronics and defense equipment. It designs and builds products such as command-and-control systems, drones, sensors, avionics, night-vision gear, and communications equipment. It also provides maintenance, upgrades, training, and support services for these systems.

Its main customers are national militaries, defense ministries, and other government security agencies, mostly in Israel but also in many other countries. Elbit earns money by selling equipment upfront and by signing long-term service, support, and modernization contracts. That mix gives it both product sales and recurring service revenue.

What makes Elbit’s business different is that it sits in the middle of the defense supply chain as a specialist electronics and systems provider. It often upgrades existing platforms rather than building the whole aircraft, vehicle, or ship itself. That makes it a key supplier for customers that want to extend the life and capability of their military hardware.