Elbit Systems Wins $370M+ in U.S. Customs and Border Protection Contracts
ESLT sits 77% above its 52-week low of $422.84.
Summary
Elbit Systems' U.S. subsidiary secured multiple awards from U.S. Customs and Border Protection totaling over $370 million, with work through May 2029. This adds to a string of recent large defense contracts, including a $1.4 billion European deal in May and a $350 million tank upgrade contract. The new awards reinforce the company's growing U.S. footprint and backlog, which stood at a record $30.2 billion as of Q1 2026. The contracts are material relative to the company's $2.2 billion quarterly revenue run rate and signal sustained demand for its defense technologies.
At the time of this announcement, ESLT was trading at $749.00 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $34.7B. The 52-week trading range was $422.84 to $1,016.06. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.