TEL AVIV, March 17 (Reuters) - Elbit Systems,
Israel's largest defence firm, reported a sharp rise in 2025
profit, boosted by strong demand from the military during the
Gaza war, and hinted at further gains from the U.S.-Israeli war
on Iran.
Elbit said on Tuesday it earned $12.75 per diluted
share, excluding one-time items, last year, up from $8.76 in
2024. Revenue rose 16% to $7.9 billion.
In the fourth quarter alone, it earned an adjusted $3.56 per
diluted share, versus $2.66 a year earlier. Revenue rose 11% to
$2.1 billion, the first time quarterly revenue has crossed the
$2 billion mark.
Elbit's order backlog rose to $28.1 billion at the end of
2025 from $22.6 billion in 2024, with 72% attributable to orders
outside Israel and more than half slated to be performed in 2026
and 2027.
Since the start of the Gaza war in October 2023, Elbit has
experienced a "continued material increase in the demand for its
products and solutions" from the Israeli military, it said.
"Elbit Systems and its employees are playing a key role in
providing the Israel Defence Ministry and the IDF capabilities
during the Operation Roaring Lion and will continue to serve as
a strategic partner to its global customers," Elbit said,
referring to Israel's air strikes against Iran that began on
February 28.
The company said it will pay a quarterly dividend of $1.00
per share.