04:53 PM EDT, 05/21/2025 (MT Newswires) -- Elbit Systems ( ESLT ) said Wednesday it is launching a public offering of nearly 1.4 million of its shares.

All of the shares in the planned offering will be sold by Elbit ( ESLT ), the company said.

The company said it expects to give underwriters a 30-day option to buy an amount of additional shares of up to 15%.

The shares in the offering are expected to be listed on the Nasdaq Global Select Market, Elbit ( ESLT ) said.

Net proceeds will be used for general corporate purposes.

The company's shares were falling 2.8% in recent after-hours trading.