#Israel #Defense Technology #Haifa #Elbit Systems #financial report

Elbit Systems Files Annual Report for Fiscal Year 2024

On March 20, 2025, Elbit Systems Ltd. (NASDAQ: ESLT), a prominent player in the global defense technology sector, submitted its annual report on Form 20-F for the fiscal year ending December 31, 2024. This report has been filed with crucial regulatory agencies, including the U.S. Securities and Exchange Commission, the Israel Securities Authority, and the Tel Aviv Stock Exchange, marking a significant milestone for the company.

Overview of the 2024 Annual Report

Elbit Systems' annual report is accessible for public viewing and downloading through the company’s official website, www.elbitsystems.com. For shareholders desiring a physical copy, the company offers this upon request, free of charge, ensuring transparency and accessibility for its stakeholders.

Company Profile

As a leading global defense technology company, Elbit Systems specializes in delivering innovative solutions designed for security and safety across various domains. The firm boasts a robust workforce of around 20,000 employees and operates in numerous countries around the world.

In the 2024 fiscal year, the company achieved impressive results, reporting revenues of $6.8 billion and an order backlog totaling $22.6 billion. This financial performance illustrates a solid growth trajectory amid evolving challenges in the defense sector.

Elbit Systems leverages Israel's thriving technology ecosystem, fostering a collaborative company culture that prioritizes agility and innovation. This approach empowers the company to meet the rapidly changing demands of the battlefield and counteract emerging threats effectively.

Financial Highlights

The 2024 Annual Report outlines not just financial statistics but also key strategic initiatives aimed at expansion and operational efficiency. The company continues to strengthen its market presence through investments in research and development, allowing for advancements in technology that support defense and security measures globally.

Elbit Systems is steadfast in its commitment to addressing complex defense challenges, a commitment reflected in the comprehensive details presented in the annual report. Despite facing various external challenges, including political uncertainties and market fluctuations, Elbit Systems maintains a forward-looking perspective, focusing on long-term investment in its capabilities and resources.

Looking Ahead

While the report includes certain forward-looking statements promising growth and opportunities, it also acknowledges inherent risks and uncertainties that the company faces. Factors such as customer contract scope, regulatory changes, geopolitical conditions, and the ongoing geopolitical situation in Israel are critical considerations for the company's operational strategy moving forward.

With a strong foundation and a clear strategic focus, Elbit Systems is well-positioned to navigate the dynamic landscape of global defense technology. The company invites stakeholders to review its 2024 Annual Report for a thorough understanding of its performance and future prospects.

Contact Information

For further inquiries or additional information, Elbit Systems has provided contact details for key executives: Dr. Yaacov (Kobi) Kagan, Executive VP - CFO, along with other communications and investor relations officers. This openness demonstrates the company's dedication to stakeholder engagement and corporate governance.

In conclusion, Elbit Systems Ltd.'s annual report filing highlights its commitment to transparency and growth, showcasing its resilience and adaptability in an ever-changing defense environment. As the company continues to evolve, its detailed annual report serves as a vital reflection of its strategies and achievements in fiscal year 2024.