Bezhalel Machlis on capital allocation
From Elbit Systems Q1 2026 Earnings Call Backlog Hits Unprecedented $30.2B To Drive 51% Non-GAAP EPS Beat · · Investing 101
“We have a very strong balance sheet but we maintain very strict capital deployment. We first prioritizing R&D as we are doing almost 7% of our revenue in R&D of self-funded R&D which is as you know almost or more than double than than the average purists. Secondly, we are increasing our capex investment to meet the high demand that that we see in the markets. And we announced recently that we almost we doubled the dividend payout to to investors from around from 50 cents to $1 a share. On that we we are very keen to to do acquisitions. We're looking actively in markets.”
On , Bezhalel Machlis, President & CEO at Elbit Systems, spoke about capital allocation 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.