Elbit is on the verge of reaching the $6 billion mark in annual sales, an increase of 8.4% compared to last year. The company's order backlog has reached a record of $17.8 billion, a jump of 17.8%.
However, the net profit was 215 million dollars, a sharp decrease of 22%, which is attributed to the closure of the activities of a subsidiary owned in the USA. Elbit also increased its sales in Europe, which continues to prepare for war with Russia, but decreased sales to the USA and Canada.