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ESLT
NASDAQ Manufacturing

Elbit Systems of America Secures $212M U.S. Army Night Vision Goggle Contract

Analysis by Arik Shkolnikov
Sentiment info
Positive
Importance info
7
Price
$787.06
Mkt Cap
$37.18B
52W Low
$369.6
52W High
$1,016.06
Market data snapshot near publication time

summarizeSummary

Elbit Systems' U.S. subsidiary secured a $212 million delivery order from the U.S. Army for night vision systems, notably as the sole prime supplier for this order.


check_boxKey Events

  • Awarded $212 Million U.S. Army Contract

    Elbit Systems of America received a delivery order valued at approximately $212 million from the U.S. Army for Enhanced Night Vision Goggle - Binocular (ENVG-B) systems.

  • Sole Prime Supplier for Delivery Order

    Elbit Systems of America was the only prime supplier selected for this specific delivery order, indicating strong confidence in its systems.

  • Deliveries Through 2028

    The contract ensures continued production and deliveries of the ENVG-B systems to the U.S. Army through 2028.


auto_awesomeAnalysis

This significant contract award from the U.S. Army for Enhanced Night Vision Goggle systems highlights Elbit Systems of America's strong position as a defense technology provider. Being selected as the sole prime supplier for this specific delivery order, despite the Army's historical practice of using multiple vendors, demonstrates high confidence in Elbit's product performance and reliability. The contract extends deliveries through 2028, providing revenue visibility.

At the time of this filing, ESLT was trading at $787.06 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $37.2B. The 52-week trading range was $369.60 to $1,016.06. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.

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