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Elbit Systems secures $370 million border protection contracts
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Elbit Systems secures $370 million border protection contracts

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  • Elbit Systems (NASDAQ:ESLT) received over $370 million in new contracts from U.S. Customs and Border Protection.
  • The company expects this federal award to add to its previously reported $30.2 billion order backlog.
  • The company stated that these agreements are intended to enhance national security and deliver real-time situational awareness.

Elbit Systems (NASDAQ:ESLT) received U.S. Customs and Border Protection contracts totaling over $370 million for national security operations.

These new agreements expand the existing operational pipeline of the defense contractor across federal border security initiatives.

The company stated that its advanced technologies are expected to deliver real-time situational awareness for complex defense missions.

Elbit Systems of America will execute the ongoing work under these contracts through a target deadline of May 2029.

This recent federal procurement expands the scope of the domestic subsidiary within the broader corporate defense technology strategy.

The company previously reported $2,188.8 million in quarterly revenue, an order backlog of $30.2 billion, and 20,000 global employees.

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