Elbit Systems Wins More Than $370 Million in CBP Contracts Through 2029

Elbit Systems (NASDAQ:ESLT) announced that its U.S. subsidiary, Elbit Systems of America, has been awarded multiple contracts from U.S. Customs and Border Protection (CBP) worth more than $370 million, with work scheduled to continue through May 2029.

Key Investor Takeaways

• Elbit Systems secured more than $370 million in CBP contracts through its U.S. subsidiary.
• The awards extend work through May 2029, providing multi-year revenue visibility.
• The contracts reinforce Elbit Systems’ position as a supplier of security and defense technologies to U.S. government agencies.
• The new business adds to the company’s existing defense backlog and long-term government programs.
• Elbit Systems (NASDAQ:ESLT) continues expanding its presence in homeland security alongside its broader defense portfolio.

Why ESLT Stock Is in Focus

Elbit Systems announced that Elbit Systems of America received multiple contract awards from U.S. Customs and Border Protection totaling more than $370 million.

According to the company, the contracts are intended to enhance U.S. national security, with performance extending through May 2029.

Management said the awards reflect Elbit Systems of America’s role in providing technologies designed to deliver real-time situational awareness and support customers facing complex operational challenges.

The company develops and manufactures defense technologies across multiple operational domains and reported first-quarter 2026 revenue of $2.19 billion alongside an order backlog of $30.2 billion as of March 31, 2026.

Why This Matters for Investors

Large government contract awards can improve revenue visibility by adding multi-year work backed by public-sector customers.

The CBP awards further strengthen Elbit Systems’ exposure to U.S. homeland security programs, complementing its broader defense business. Continued contract wins from government agencies may support the company’s long-term backlog and reinforce demand for its surveillance and security technologies.

While the company did not disclose financial terms beyond the total contract value or provide revenue recognition timing, the awards extend through 2029, suggesting a multi-year contribution to future operations.

What to Watch Next

Investors will likely monitor:

• Execution of the CBP contracts through May 2029.
• Future U.S. government defense and homeland security contract awards.
• Changes to Elbit Systems’ order backlog in upcoming earnings reports.
• Updates on revenue contribution from newly awarded government programs.

Elbit Systems stock price