Elbit Systems (IL:ESLT) has released an update.
Elbit Systems reported a robust financial performance for the fourth quarter and full year of 2023, with a backlog of orders reaching $17.8 billion, and revenues climbing to $6.0 billion. The company’s non-GAAP net income stood at $299 million, with a GAAP net income of $215 million, reflecting successful operational transformations and a focus on relevant markets. Despite global challenges, Elbit’s diverse technology portfolio and increased demand have positioned the company for continued growth.
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