Elbit Systems completes ISE acquisition while Elbit Systems stock trades at EUR 654.75

Published on 10/26/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elbit Systems completed ISE acquisition on October 20, 2026, adding underwater robotics. Elbit Systems stock costs EUR 654.75 on October 26, 2026.

Maritime expansion and valuation

Elbit Systems completed the ISE acquisition on October 20, 2026, adding more than 250 underwater vehicles to its maritime technology portfolio.
Second-quarter 2026 revenue reached USD 2,287.1 million, while the order backlog stood at USD 32.0 billion.
Elbit Systems stock trades at EUR 654.75 at 9:12 a.m. CEST at Lang & Schwarz on October 26, 2026.

ESLT, IL0010811243, Illustration mit AI erstellt.

Elbit Systems stock was trading at EUR 654.75 at Lang & Schwarz at 9:12 a.m. CEST on October 26, 2026, after the defense technology company completed its acquisition of International Submarine Engineering, or ISE, on October 20, 2026. The deal adds autonomous underwater and remotely operated systems to Elbit Systems' maritime portfolio.

ISE broadens maritime capabilities

According to Elbit Systems, ISE has more than 50 years of subsea robotics experience and has delivered more than 250 underwater vehicles to customers in more than 20 countries. Its products include autonomous underwater vehicles, remotely operated vehicles, computer control systems and robotics.

The acquisition strengthens Elbit Systems' capabilities in underwater intelligence, surveillance and reconnaissance, mine countermeasures and anti-submarine warfare. The purchase price was not material to Elbit Systems, according to the October 20, 2026 announcement.

What does ISE add?

The transaction connects ISE's underwater robotics with Elbit Systems' existing naval electronic warfare, autonomous systems, precision munitions, sonar and command-and-control technologies. That combination gives the company a broader maritime offering while keeping the latest deal focused on capability expansion rather than a disclosed financial outlay.

The operating backdrop remains substantial. For the three months ended June 30, 2026, Elbit Systems reported USD 2,287.1 million in revenue and an order backlog of USD 32.0 billion, according to Elbit Systems. The backlog was 14.00 times the second-quarter revenue, calculated from those reported figures.

Analyst target adds a valuation check

On October 16, 2026, Morgan Stanley raised its price target for Elbit Systems from USD 845.00 to USD 850.00 while keeping an Equal Weight rating, as reported by Markets Insider. The target change was modest, but the note described demand across commercial aerospace and defense as intact ahead of third-quarter results.

Stock price and investor context

For investors, the acquisition matters mainly because it expands Elbit Systems' product reach in a specialist naval segment while the company enters the next reporting cycle with a large order backlog. The disclosed second-quarter revenue and backlog provide the clearest operating scale for assessing the strategic move.

Elbit Systems was trading at EUR 654.75 at Lang & Schwarz on October 26, 2026 at 9:12 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Elbit Systems stock.