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Posted by
Two Blokes Apr 17 -
Filed in
Stock
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Upgraded Elbit Systems from hold to buy due to increased demand for defense equipment amid Middle East tensions and strong international sales diversification. 2024 earnings showed 14.3% revenue growth, 7% operating margins, and significant growth across aerospace, C4I & Cyber, ISTAR & EW, and land systems segments. Order backlog of $22.6 billion supports three years of revenues, with 65% international sales and strong visibility on future growth opportunities.
