Elbit Systems Secures $275 Million Contracts to Enhance Helicopter Protection in Asia-Pacific
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Significant Contract Value: Elbit Systems has secured contracts totaling approximately $275 million to supply advanced electronic warfare self-protection systems over the next five years, reflecting strong market demand and trust in the company's capabilities in this sector.
- Integrated Technology Advantage: The system includes advanced Direct Infra-Red Counter-Measure (DIRCM) technology designed to enhance helicopter platform survivability and mission effectiveness by integrating electronic sensing, signal processing, and countermeasure capabilities to improve missile threat response.
- Customized Client Solutions: Elbit Systems will tailor its solutions to meet specific helicopter platform and operational needs of the customer, ensuring robust protection in complex combat environments, thereby further solidifying its competitive position in the global market.
- Sustained Growth Potential: This contract is part of numerous agreements Elbit Systems has secured in the airborne self-protection solutions field, indicating the company's ongoing growth potential in the global defense market, particularly in collaboration with NATO and European nations.
Analyst Views on ESLT
Wall Street analysts forecast ESLT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESLT is 520.00 USD with a low forecast of 520.00 USD and a high forecast of 520.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 674.630
Low
520.00
Averages
520.00
High
520.00
Current: 674.630
Low
520.00
Averages
520.00
High
520.00
About ESLT
Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs. In addition, it provides a range of support services. The Company's activities include military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aerostructures; unmanned aircraft and unmanned surface vessels; land vehicle systems; command, control, communications, computer and intelligence (C4I) systems; intelligence and cyber systems; electro-optic and countermeasures systems; electronic warfare and signal intelligence systems, and various commercial activities. It operates primarily in the defense and homeland security arenas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
