Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Revenues Down for Elbit Systems

Facebook Twitter LinkedIn Email Comments
HAIFA, Israel, Nov. 14, 2014 — Unfavorable exchange rates deflated earnings and revenues for defense contractor Elbit Systems Ltd.

Revenues in the third quarter of 2014 were $722.7 million, down 1.1 percent from $730.6 million in the third quarter of 2013. Net income was $35.0 million, down 29.4 percent from $49.6 million in the third quarter of 2013.

“However, as reflected by our operating income, the ongoing business performance continued to show stability in the quarter,” said Elbit CEO Bezhalel Machlis. “We are encouraged by the continued growth in the backlog and by the increase in revenue in Latin America and Asia-Pacific in the quarter.”

Elbit Systems Ltd. develops and upgrades electro-optical and other systems for the global defense market.

For more information, visit www.elbitsystems.com.

Photonics.com
Nov 2014
BusinessIsraelAmericasElbitdefense

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.