Israel-based international defence electronics company Elbit Systems held a press demonstration for its new line of robotic and autonomous combat solutions "Legion-X" at its headquarters in Ramat HaSharon in central Israel. The privately owned Elbit Systems is the largest Israeli arms company, with an 80 percent monopoly over sales to the Israeli land forces. It produces systems for security zones, targeting and navigation components, surveillance equipment and cyber security products, among oth

🚀Elbit Systems reports Q2 2024 results: $21.1bn backlog, $ 1.6bn of revenues, Non-GAAP EPS $2.08 and GAAP EPS $1.76. Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "Elbit Systems demonstrated a 12% year-over-year increase in revenues in the second quarter. The continuous high demand for our products and solutions reinforces our position as industry leaders. This growth reflects the dedication and commitment of Elbit Systems' employees in Israel and around the world, who contribut