Elbit Systems wins USD 235 million deal: Elbit Systems stock has USD 34.9 billion value

Published on 10/21/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elbit Systems won a USD 235.00 million deal on October 19, 2026, under a three-year contract. Elbit Systems stock costs EUR 665.75 on October 21, 2026.

Contract and operating scale

On October 19, 2026, Elbit Systems won a USD 235 million European rocket contract.
For the three months ended June 30, 2026, revenue reached USD 2,287.1 million.
Elbit Systems stock trades at EUR 665.75 at 9:43 a.m. CEST at Lang & Schwarz on October 21, 2026.

ESLT, IL0010811243, Illustration mit AI erstellt.

Elbit Systems (ISIN IL0010811243) was awarded a USD 235 million contract on October 19, 2026, to supply EXTRA-MR rockets and PULS launchers to a European customer. The three-year government-to-government program adds a fresh order to a company whose revenue reached USD 2,287.1 million in the three months ended June 30, 2026, according to StockTitan.

Rocket systems deepen order visibility

The contract covers EXTRA-MR medium-range rockets, PULS rocket-artillery systems, additional platforms and integrated logistics support. The EXTRA-MR system is designed for ranges of up to 80 kilometers, while delivery is spread across three years, according to the filing dated October 19, 2026.

The same filing put Elbit Systems' order backlog at USD 32.0 billion as of June 30, 2026. That figure gives the contract a measurable context: the new award equals 0.73 percent of the backlog, calculated against the reported backlog value.

What do the targets mean?

Analyst views have moved in different directions. Markets Insider reported on October 5, 2026, that Jefferies cut its target from USD 880 to USD 790 and retained a Hold rating. On October 16, 2026, Morgan Stanley maintained Hold and raised its target from USD 845 to USD 850, according to Futu News.

Three dates frame the story

On October 5, 2026, Jefferies lowered its target to USD 790 from USD 880. On October 16, 2026, Morgan Stanley lifted its target to USD 850 from USD 845. On October 19, 2026, Elbit Systems announced the USD 235 million rocket contract, the most recent of the three events.

Upcoming dates for shareholders

Benzinga identified November 17, 2026, as the next estimated earnings date. A dividend of USD 1.00 per share was scheduled for October 26, 2026, according to Simply Wall St.

Stock price and valuation context

Elbit Systems' primary listings are Nasdaq and the Tel Aviv Stock Exchange, with the company classified in aerospace and defense. Its Nasdaq quote stood at USD 744.33 on October 20, 2026 at 4:00 p.m. ET, while the 52-week range was USD 453.00 to USD 1,016.06 and market capitalization was USD 34.9 billion. For investors, the key tension is clear: the backlog provides scale, while the analyst target cuts show that execution and valuation remain central.

Elbit Systems stock was trading at EUR 665.75 at Lang & Schwarz on October 21, 2026 at 9:43 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Elbit Systems stock.