Israeli defence contractor Elbit Systems has reported strong financial results for the first half of 2026, posting revenues of $2.3 billion and net profit of $173.6 million under US-GAAP accounting standards. The company’s order backlog has reached an all-time high, driven by increased global demand for defence equipment and military technology.

The company’s leadership attributed the strong performance to double-digit percentage growth across key metrics. Elbit’s president and chief executive highlighted gains in sales, order backlogs, and earnings per share, signalling robust demand for the company’s products and services across its international customer base.

The record backlog reflects ongoing geopolitical tensions and increased defence spending by multiple nations, which has bolstered demand for advanced military systems. Elbit Systems, which supplies everything from unmanned aerial vehicles to radar systems and military communications equipment, has benefited from these global defence procurement trends.

The results underscore Israel’s position as a significant player in the global defence technology sector. Elbit Systems is one of the country’s largest defence exporters, with customers across multiple continents relying on its sophisticated military equipment and solutions.

Source: Maariv — Original article in Hebrew.