Elbit Systems Ltd. (NASDAQ:ESLT) stock rose Tuesday following the announcement of several contracts valued at approximately $435 million.
The contracts, which include advanced defense systems, reflect the company’s ongoing commitment to innovation and adaptation in a rapidly evolving market.
The latest gain follows the company’s January 26 announcement that General Dynamics Ordnance and Tactical Systems awarded it a $228 million contract to supply its Iron Fist Active Protection System for U.S. Army Bradley vehicles, with work scheduled over the next three years.
Deal Details
The contracts awarded to Elbit Systems will span six years and involve supplying a range of advanced systems, including land systems and innovative defense solutions.
The company reported an order backlog of $25.2 billion as of September 30, 2025, indicating strong demand for its offerings.
The broader market experienced mixed performance on the previous trading day, with the Russell 2000 down 0.22% and the S&P 500 falling 0.28%. Elbit Systems’ positive movement stands out against this backdrop, suggesting that the stock is responding favorably to company-specific developments rather than broader market trends.
ESLT Price Action: Elbit Systems shares were up 1.66% at $687.66 during premarket trading on Tuesday, according to Benzinga Pro data.
Photo by T. Schneider via Shutterstock
