Bezhalel Machlis on counter-UAS
From Elbit Systems Q1 2026 Earnings Call Backlog Hits Unprecedented $30.2B To Drive 51% Non-GAAP EPS Beat · · Investing 101
“We are investing quite a lot in hyper in in energy weapons. Hyper laser is just one of them. We are we are progressing very well on developing the high power laser. Actually we already delivered power rather source to the ground solution here in Israel and in parallel we are leading a development of an urban hyper laser. Many hundreds of engineers are working on the development of these systems currently in Israel. And we are you will start seeing deliveries of sub elements or partial deliveries quite soon from this new development. And I believe that such a system can change the entire way countries will defeat drones and and and UAVs include missiles and and even additional threats.”
On , Bezhalel Machlis, President & CEO at Elbit Systems, spoke about counter-UAS 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.