Protection firm Elbit Programs (TASE: ESLT; Nasdaq: ESLT) experiences a brand new peak in its orders backlog, which reached $32 billion on the finish of the second quarter. On the finish of 2025 it was $28 billion.
Elbit Programs’ second quarter income was $2.29 billion, 16% greater than within the corresponding quarter of 2025. The corporate posted a non-GAAP web revenue of $199 million (NIS 600 million), up 32% as compared with the corresponding quarter. Non-GAAP adjusted earnings per share had been $4.14, beating the consensus analysts’ estimate of $3.68.
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Elbit Programs says that 73% of its orders backlog comes from outdoors Israel, and that 42% of it will likely be carried out by the top of 2027. The corporate sees the rise in demand persevering with.
“Elbit Programs continues to put money into R&D to safe our future development. Our elevated capital investments in manufacturing infrastructure mirror a disciplined strategy to scaling the enterprise, enhancing execution, rising capability, and supporting our means to ship at scale, whereas changing backlog into sustainable income and earnings development,” firm president and CEO Bezhalel Machlis stated.
Alternatively, the corporate notes that “Because of the conflict and the opposite conflicts within the Center East, a few of Elbit Programs’ operations have skilled disruptions as a result of provide chain and operational constraints, together with amongst others will increase in transportation prices and delays as a result of components such because the Houthi motion assaults on delivery within the Purple Sea, materials and part shortages and elevated costs, worker call-ups for reserve responsibility, limitations imposed by some international locations on engagement with Israel and assaults on a few of Elbit Programs’ world amenities by anti-Israeli organizations.”
Elbit Programs has a market cap of NIS 121 billion after a 41% rise in its share worth thus far this 12 months and a 240% rise inside three years. Because the peak reached in March this 12 months, the share worth has declined by 16%. In at present’s buying and selling on the Tel Aviv Inventory Change, Elbit Programs is down 5.2%.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 11, 2026.
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