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ESLT - Can Elbit Systems Win In The Swords Of Iron War In Israel?
Elbit Systems Ltd.
2024-05-13 15:06:31 ET
Summary
The war in the Middle East presents both opportunities and drawbacks for Elbit Systems Ltd., with increased demand but also labor and logistics pressures.
Elbit Systems has shown strong growth in backlog and adjusted operating income, but operating margins have weakened.
Near-term demand and labor costs driven by the war are important factors to watch, but the company can rely on long-term global demand trends.