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Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


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https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


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https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


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https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


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Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

Elbit Systems' revenue, income rise in Q1 despite pandemic

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Vision business from L3Harris Technologies lifted Elbit Systems’ revenue by 5% to USD1.1 billion in the first quarter of 2020, the Israeli company announced on 26 May.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Cyberbit, an Elbit Systems subsidiary, offers a cyber security training range.

Elbit’s net income totalled USD63.5 million in the quarter ending on 31 March, up 25% from the same period last year.

“Overall, we are satisfied with our performance in the quarter,” said Joseph ‘Josi’ Gaspar, Elbit’s chief financial officer.

Elbit has taken a series of steps to keep its business running smoothly during the coronavirus disease (Covid-19) pandemic, including increasing payments to suppliers to help them continue to operate, building “buffer inventories” in case supply chains are disrupted, and staggering the work shifts of manufacturing employees so they can socially distance.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/7b82c9b5-d290-4381-8e4c-c8773f349fbc/

Increased sales of military aircraft equipment and last year’s acquisition of the Harris Night Visio...

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