TASE:ESLTAerospace & Defense
Elbit Systems (TASE:ESLT) Valuation After $210m Merkava Upgrade Contracts and AI Tech Boost
Elbit Systems (TASE:ESLT) just secured roughly $210 million in new Israel Ministry of Defense contracts to upgrade Merkava tanks, adding AI enhanced electro optical sights and long term maintenance, which represents a meaningful boost to its defense backlog.
See our latest analysis for Elbit Systems.
The deal lands while Elbit’s share price has cooled slightly in recent months. Even so, its year to date share price return remains strong and the one year total shareholder return is still very...