$ESLT

Serbia opened a drone assembly plant with Israeli defense company Elbit Systems and state-owned Yugoimport SDPR, employing 100 people. President Vučić announced plans for three more plants, aiming to supply advanced drones to Serbia and other countries.

Elbit Systems Ltd. (ESLT) filed a shelf prospectus in Israel, valid for two years, allowing it to raise funds through debt or equity offerings. The company reported $2.29B in Q2 2026 revenue and a $32B order backlog. No specific offering details or timing have been decided.

Diehl Defence and Elbit Systems demonstrated the SkyStriker loitering munition system in Germany, showcasing its range, endurance, and integration with other drones. The companies aim to offer the system to the German Armed Forces, with Diehl handling local production and Elbit focusing on market development. The SkyStriker has a range of over 200km and can be launched from various platforms, according to the companies.

Elbit Systems, an Israeli defense company, developed the THOR VTOL mini UAS, a multi-rotor drone for surveillance and reconnaissance. It weighs 9.5kg, carries 13kg payload, and operates autonomously. The UAS passed environmental tests in 2020 and is produced by Mistral in the US. Elbit received a $153m contract in 2019 for 1,000 units, with a $20.04m US Army contract in 2026.

Elbit Systems America, a U.S. arm of Israeli defense manufacturer Elbit Systems, has rebranded to Twenty-Six Defense. The new name reflects its focus on strengthening its American identity and commitment to the U.S. defense market. The company, with 3,300 employees across 10 states, specializes in electronic systems and land combat systems. The rebranding aims to enhance its position in competing for U.S. Army contracts.

Greece and Israel signed a €3 billion defense deal, Achilles Shield, for Israeli tech to protect against missiles, aircraft, and drones. European governments increasingly rely on Israel for advanced security systems, despite political tensions. Israel's defense sector, including Israel Aerospace Industries, Rafael, and Elbit Systems, benefits from close ties to the military and attracts significant investment. Some contracts are awarded directly, raising concerns about dependence and compliance

Elbit-FUSE showcased new drone and robot swarm technology for the IDF, enabling soldiers to control large-scale autonomous systems. The company unveiled various drones, including different Firefox models, with prices ranging from $2,000 to hundreds of thousands. Elbit-FUSE emphasizes human oversight for ethical targeting decisions. The company has over 1,000,000 operational flight hours and 100,000 autonomous ground operation hours, serving Israel, the US, and European countries.

Elbit Systems UK integrated its Recce Strike Training System, including JFST, DVCS, and IIDFS, in a British Army exercise with 300 soldiers. The systems were used for target identification, fire simulation, and data collection. This marked the first integration of these systems in a British Army exercise, according to the company.

Defense News ranked three Israeli companies among the world's top 30 defense firms by 2025 revenue. Elbit Systems (21st) reported $7.412B in defense sales, IAI (27th) had $6.28B, and Rafael (30th) also recorded $6.28B in defense revenue, all showing stability or slight improvement from 2024.

The IDF faces a budget crisis, potentially leading to the deactivation of tank battalions due to spare parts shortages. Elbit Systems may halt production of Merkava tank shells, risking operational readiness. The Israel Ministry of Defense (IMOD) previously awarded Elbit a $48M deal for 155mm artillery shells and a 2.8B NIS multi-year procurement order for land forces ammunition.