Elbit Systems, Israel's largest defence firm, is seeing a new surge in demand due to the U.S.-Israeli war on Iran after reaping strong revenues as a result of the 2023-2025 Gaza war. ADVERTISEMENT"The success of Israel in Iran creates a lot of interest and a lot of traction. Machlis said Elbit supplies a host of systems to the Israeli military for use in Iran such as long-range guided munitions or equipment used in electronic warfare. Officials pointed out that Elbit had received an order from the Defence Ministry for an airborne high-powered laser system, which is still in development. Revenue rose 16% to $7.9 billion.

Source: The Telegraph March 17, 2026 16:58 UTC