JERUSALEM, Nov 19 (Reuters) - Israeli defence firm Elbit
Systems reported higher quarterly profit in
the third quarter, boosted by strong demand from global
customers and from Israel's military to fight Hamas militants in
Gaza and Hezbollah in Lebanon.
One of Israel's largest defence contractors, the company
said on Tuesday it earned $2.21 per diluted share excluding
one-time items in the third quarter, compared to $1.71 a year
earlier.
Revenue rose to $1.72 billion from $1.50 billion, led by
drone and other aerospace sales.
Its order backlog reached $22 billion, with two-third of
that from foreign customers. About 37% of the backlog is slated
to be performed the rest of 2024 and in 2025.
Elbit's board declared a third-quarter dividend of $0.50 per
share, the same as in the second quarter.