Bezhalel Machlis on order backlog
From Elbit Systems Q1 2026 Earnings Call Backlog Hits Unprecedented $30.2B To Drive 51% Non-GAAP EPS Beat · · Investing 101
“Our funnel of orders has never been so strong. We see growing potential for us in many regions. Of course, we see growing potential for us in the US market. And this we also saw a growing strong momentum of new opportunities for us in Europe mainly in Germany in Scandinavia in the Baltics but also in other places all over the continent and of course we also see growing growing potential for our Syrian as well as well as in the Gulf countries and also in countries in the Far East around China.”
On , Bezhalel Machlis, President & CEO at Elbit Systems, spoke about order backlog during Elbit Systems Q1 2026 Earnings Call Backlog Hits Unprecedented $30.2B To Drive 51% Non-GAAP EPS Beat on Investing 101.
About Bezhalel Machlis
Bezalhel Machlis, President and CEO of Elbit Systems, stated during the company’s first quarter 2026 earnings call that the company’s order funnel is “stronger than ever” and that it sees growing opportunities in the US, Europe (particularly Germany, Scandinavia, and the Baltics), as well as in the Gulf and parts of the Far East. He reported that the company’s backlog reached a record $30.2 billion, and noted that Elbit is investing heavily in directed-energy weapons, including high-power lasers, with hundreds of engineers working on these systems in Israel and partial deliveries expected soon. Machlis also said that Elbit has resolved its previous supply chain bottlenecks and now maintains multiple suppliers for key components as part of a strategy to control its own production. He highlighted that the company prioritizes self-funded R&D at nearly 7% of revenue, is increasing capital expenditure to meet demand, and recently doubled its dividend payout to $1 per share.