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Elbit Systems (ESLT) Stock Gains as Europe Reopens Defense Orders Post-Ceasefire

Elbit Systems (ESLT) Stock Gains as Europe Reopens Defense Orders Post-Ceasefire

Author:

Global Cryptocurrency

Published:

2025-11-19 14:25:02

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BTCCSquare news:

Elbit Systems Ltd anticipates a surge in European defense sales following the Gaza ceasefire, as governments relax wartime restrictions. CEO Bezhalel Machlis notes renewed order interest from previously hesitant nations. The company's European revenue hit $2 billion last year, bolstered by new facilities in Sweden and Germany that enhance local market presence.

Germany's decision to lift its Israel-linked defense ban signals further momentum. While Spain delays a key order, broader regional progress suggests expanding opportunities. This follows Elbit's stronger-than-expected Q3 earnings, showcasing 12% revenue growth year-over-year.

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