TASE:ESLTAerospace & Defense
Assessing Elbit Systems (TASE:ESLT) Valuation After New $712 Million International Defense Contracts
Elbit Systems (TASE:ESLT) is back in focus after securing international defense contracts totaling about $712 million for advanced land systems, 30 mm turrets, and munitions, with multi year delivery schedules that are expected to support revenue visibility.
See our latest analysis for Elbit Systems.
The recent contract wins arrive after a sharp 34.5% 90 day share price return and a very strong 1 year total shareholder return of 99.3%. However, the 30 day share price return decline of 5.7%...