Elbit Systems Wins $1.4 Billion European Contract - Record Order Backlog Exceeding $30 Billion!

Elbit Systems secures a major contract worth $1.4 billion for the military modernization of European forces, lasting five years. In Q1, the operating margin exceeds 10%, and the order backlog reaches $30.2 billion, setting new historical highs. With a price-to-sales ratio of 4.2 and a price-to-earnings ratio of 60.3, the next breakout attempt is indicated.   Elbit Systems (ESLT) has experienced high demand for military goods since the outbreak of war on October 7, 2023, alongside operational pressures such as supply chain disruptions...