Elbit Systems stock wins 15-year IDF training contract

Elbit Systems has won a new contract from Israel's Ministry of Defense to establish and operate an advanced training and simulation center for the Israel Defense Forces Artillery Corps. The company announced the agreement on Monday, November 2, 2026, in a company announcement.

Elbit Systems stock traded at 691.25 euros on Lang & Schwarz at 14:42 CET on Monday, November 2, 2026. No direction is inferred from this single quote without a dated Xetra closing comparison.

Long-term training project adds visibility

The contract is valued at approximately 170 million US dollars and will run for 15 years. Elbit Systems will develop mission and driving simulators, training classrooms and dedicated facilities for the artillery corps.

The center is intended to support the operational integration of the ROEM, also known as SIGMA, self-propelled artillery system and the LAHAV, or PULS, precision rocket launcher system. Elbit Systems will also provide training, maintenance and support services throughout the contract period.

The company said the solution will use simulation technologies, automation capabilities and AI-based functions. The stated objectives include improving operational readiness, shortening qualification and training timelines, and reducing resource consumption and wear on operational platforms.

Next catalyst is third-quarter reporting

Elbit Systems is scheduled to publish its third-quarter 2026 financial results on Tuesday, November 17, 2026, followed by a management conference call. The company last reported revenue of 2,287.1 million US dollars for the quarter ended June 30, 2026, with an order backlog of 32.0 billion US dollars at that date, according to its investor-relations release.

Investors can follow the real-time quote of Elbit Systems stock as the next company update approaches.

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