Elbit Systems Q1 Revenue Rises 15% as Defense Demand Strengthens
Elbit Systems reported a 15% year-on-year increase in first-quarter revenue to $2.19 billion, driven by elevated defense sales and a surge in orders. Adjusted earnings per share rose to $3.87 from $2.57, while the company recorded a record order backlog of $30.2 billion. Operational headwinds - including supply chain limits, higher costs, and emplo…