S&P Maalot Upgrades Elbit Systems Ltd.’s (ESLT)’s Ratings to ilAA+ and ilA-1+

According to Elbit Systems Ltd.’s (NASDAQ:ESLT) announcement on June 3, 2024, S&P Global Ratings Maalot Ltd. raised its long-term rating to ‘ilAA+’ and confirmed its short-term rating of ‘ilA-1+’ on June 03, 2025, indicating a stable outlook.

The firm attributed this upgrade to Elbit’s strong operational performance and record-high backlog amid growing demand.

Elbit Systems Ltd.’s Long-Term Rating and Short-Term Rating Upgraded to ilAA+ and ilA-1+ by S&P Global Ratings Maalot

A close-up view of a technician soldering a circuit board in an electronics manufacturing facility.

A revenue increase of 18% was reported in Elbit’s recent earnings call for its U.S. operations, which was a result of higher sales of fighter systems and medical equipment. Furthermore, the company reported that its order backlog reached a record $23.1 billion as of March 31, 2025, an increase of $2.7 billion from the previous year.

About 66% of these orders originated from outside Israel. Moreover, over half of these orders are scheduled for delivery in 2025 and 2026. The growth trajectory improves even further with its reported net cash from operating activities of $184 million in Q1 2025, which was a significant improvement from the $6 million cash outflow in Q1 2024. With this quarter’s strong performance, Elbit Systems Ltd. (NASDAQ:ESLT) has reported an improvement in its revenue, backlog, and profits for the fourth consecutive quarter.

The rating upgrade signifies Elbit Systems Ltd.’s (NASDAQ:ESLT) strong position in the market and indicates a strong outlook for the company’s shareholders amid its continued efforts to meet growing global defense needs.

Elbit Systems Ltd. (NASDAQ:ESLT) is a global leader in defense electronics and advanced technology.

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