TASE:ESLTAerospace & Defense
Why Elbit Systems (TASE:ESLT) Is Up 12.6% After New European NATO Defense Contracts And Iron Fist Wins
In early January 2026, Elbit Systems announced new European NATO orders worth about US$150 million for its Iron Fist vehicle protection and DIRCM aircraft defense systems, building on an order backlog of about US$25.20 billion as of the third quarter of 2025.
By successfully intercepting multiple 120 mm tank rounds in live-fire trials, Elbit’s protection technologies gained further credibility with European defense customers, underlining the company’s growing role in high-end military...