Press Release: ELBIT SYSTEMS REPORTS THIRD QUARTER 2024 RESULTS

Dow Jones2024-11-19
                   ==================  =================  ================ 
(**) Dividends paid during 2023 included approximately $0.5 million 
dividends paid by a subsidiary to non-controlling interests. 
(***) Purchase of property, plant and equipment included investments in 
new manufacturing facilities of approximately $87 million for the nine 
months ended September 30, 2024, approximately $50 million for the nine 
months ended September 30, 2023, and approximately $83 million for the 
year ended December 31, 2023. 
 
 
                                                   ELBIT SYSTEMS LTD.: 
                                                DISTRIBUTION OF REVENUES 
------------------------------------------------------------------------------------------------------------------------- 
                                               (In millions of US Dollars) 
                                     Consolidated revenues by geographical regions: 
------------------------------------------------------------------------------------------------------------------------- 
 
                   Nine                 Nine 
                  months                months            Three months          Three months 
                   ended                ended                 ended                 ended              Year ended 
                 September            September           September 30,         September 30,         December 31, 
                 30, 2024      %       30, 2023      %        2024         %        2023         %        2023        % 
               ------------  -----  -------------  -----  -------------  -----  -------------  -----  ------------  ----- 
Israel         $    1,395.1   28.5  $       730.0   16.8  $       499.0   29.1  $       230.2   15.3  $    1,167.2   19.5 
North America       1,082.4   22.1        1,049.6   24.1          386.8   22.5          359.7   24.0       1,417.7   23.7 
Europe              1,287.2   26.3        1,329.7   30.6          429.9   25.0          496.9   33.1       1,776.4   29.7 
Asia-Pacific          858.4   17.5          968.1   22.3          315.6   18.4          314.2   20.9       1,263.8   21.2 
Latin America         111.8    2.3           85.1    2.0           37.9    2.2           26.9    1.8         120.7    2.0 
Other 
 countries            162.8    3.3          186.5    4.2           48.3    2.8           73.7    4.9         228.9    3.9 
               ------------         -------------         -------------         -------------         ------------ 
Total revenue  $    4,897.7  100.0   $    4,349.0  100.0   $    1,717.5  100.0   $    1,501.6  100.0  $    5,974.7  100.0 
               ============         =============         =============         =============         ============ 
 

Consolidated revenues by segments:

 
                          Nine months          Nine months          Three months          Three months 
                             ended                ended                 ended                 ended             Year ended 
                         September 30,        September 30,         September 30,         September 30,         December 31, 
                              2024                 2023                 2024                  2023                  2023 
Aerospace 
-------------------- 
External customers    $           1,216.2  $           1,188.1  $              434.0  $              404.1  $           1,613.2 
Intersegment revenue                179.1                181.8                  58.2                  58.0                260.1 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Total                             1,395.3              1,369.9                 492.2                 462.1              1,873.3 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
C4I and Cyber 
-------------------- 
External customers                  558.4                490.7                 198.7                 171.7                668.4 
Intersegment revenue                 39.7                 41.8                  14.7                  16.4                 52.7 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Total                               598.1                532.5                 213.4                 188.1                721.1 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
ISTAR and EW 
-------------------- 
External customers                  832.8                735.6                 271.2                 242.9                996.9 
Intersegment revenue                156.0                138.9                  52.7                  44.2                182.5 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Total                               988.8                874.5                 323.9                 287.1              1,179.4 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Land 
-------------------- 
External customers                1,144.0                884.7                 402.6                 330.0              1,241.0 
Intersegment revenue                 60.6                 52.1                  19.2                  11.3                 65.2 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Total                             1,204.6                936.8                 421.8                 341.3              1,306.2 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
ESA 
-------------------- 
External customers                1,146.3              1,049.9                 411.0                 352.9              1,455.2 
Intersegment revenue                  7.3                  5.6                   5.6                   1.9                  9.7 
                      -------------------  -------------------  --------------------  --------------------  ------------------- 
Total                             1,153.6              1,055.5                 416.6                 354.8              1,464.9 
Revenues 
-------------------- 
Total revenues 
 (external customers 
 and intersegment) 
 for reportable 
 segments                         5,340.4              4,769.2               1,867.9               1,633.4              6,544.9 
Less - intersegment 
 revenue                          (442.7)              (420.2)               (150.4)               (131.8)              (570.2) 
Total revenues        $           4,897.7  $           4,349.0   $           1,717.5   $           1,501.6  $           5,974.7 
                      ===================  ===================  ====================  ====================  =================== 
 

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SOURCE Elbit Systems Ltd.

 

(END) Dow Jones Newswires

November 19, 2024 03:22 ET (08:22 GMT)

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