Elbit Systems Shares Hit 52-Week High After Contract for Iron Beam Defense System

Dow Jones

2024-10-29

By Chris Wack

Elbit Systems shares hit their 52-week high after the company said it was awarded a contract by Israel to supply high-power laser systems for its Iron Beam air defense system.

Shares of the Israeli defense-technology company traded as high as $229.70 earlier in the session, and are up 9% to $228.73 in Monday afternoon trading.

Under the $200 million contract, Elbit Systems will supply the Israeli Ministry of Defense its high-power laser solution, developed by the company to provide a defense against a variety of threats. The contract includes ongoing support services.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

October 28, 2024 13:06 ET (17:06 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The contract includes ongoing support services. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 28, 2024 13:06 ET (17:06 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESLT","symbol_name":"埃尔比特系统","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479347784","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479347784","pubTimestamp":1730135160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Elbit Systems shares hit their 52-week high after the company said it was awarded a contract by Israel to supply high-power laser systems for its Iron Beam air defense system.Shares of the Israeli defense-technology company traded as high as $229.70 earlier in the session, and are up 9% to $228.73 in Monday afternoon trading.Under the $200 million contract, Elbit Systems will supply the Israeli Ministry of Defense its high-power laser solution, developed by the company to provide a defense against a variety of threats. 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