Elbit Systems reports 20% increase in Q1 2022 revenues
The defence electronics company attributed the increase to organic growth and the contribution of Sparton.

The defence electronics company attributed the increase to organic growth and the contribution of Sparton.
Leonardo will manufacture the helicopters at its facility in Philadelphia.
Elbit Systems’ revenue totalled $5.28bn in 2021, up from $4.67bn in 2020.
Cognata’s simulation authoring software will be integrated into IDF technology, to support autonomous development.
The contract with an undisclosed customer has a three-year period.
The company will provide 4000 Speciality Series fully automatic transmissions for Israel’s future infantry fighting vehicles.
Aerospace Industries posted a 3% increase in sales during the third quarter of 2021 to around $1.04bn due to increased…
The Israeli firm’s order backlog totalled $13.6bn, as of 30 September 2021.
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