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.
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Can Elbit Systems Win In The Swords Of Iron War In Israel?