Elbit Systems wins $435M in international defense contracts

Elbit Systems (NASDAQ:ESLT) has secured a series of contracts valued at approximately $435 million from an undisclosed international customer, marking its largest single award for the first quarter of 2026.

The Haifa-based defense contractor will supply a suite of advanced land systems and spearhead a multi-year development program for an "innovative defense solution."

The work is scheduled to be performed over a six-year period, combining the delivery of existing, field-proven hardware with intensive research and development efforts to address emerging battlefield threats.

The deal further pads Elbit’s record-high order backlog, which stood at $25.2 billion as of late 2025.

Shares of the company, which trade on both the Nasdaq and the Tel Aviv Stock Exchange, have remained resilient as geopolitical tensions drive a global surge in procurement for networked warfare and autonomous technologies.

The announcement follows a string of recent wins for Elbit, including a $228 million follow-on contract for the U.S. Army’s Bradley Fighting Vehicles and a $275 million electronic warfare deal in the Asia-Pacific region.