Israeli defense contractor Elbit Systems said Monday it signed the largest deal in its history, a $2.3 billion agreement with an undisclosed international customer for weapons systems to be delivered over eight years.
The company did not reveal the identity or location of the customer, citing a confidentiality agreement, and did not specify which systems would be supplied.
News of the deal sent Elbit’s shares up more than 4% on the Tel Aviv Stock Exchange.
Elbit reported a record-high order backlog of $23.8 billion in its second-quarter financial results for 2025, up $700 million from the previous quarter. The company said 68% of the backlog comes from international customers, with the remainder from the IDF.
Second-quarter revenue rose 21% year over year, reaching $1.97 billion.