Elbit Systems of America wins US Army contract
Analysis based on 9 articles · First reported May 12, 2026 · Last updated May 12, 2026
The contract award to Elbit Systems by the United States is expected to positively impact Elbit Systems' stock price due to the significant revenue and order backlog it adds. This also signals continued investment in defense technology, benefiting the broader defense industry.
Elbit Systems, a subsidiary of Elbit Systems, has been awarded a $212 million delivery order by the United States for the continued production of Enhanced Night Vision Goggle - Binocular (ENVG-B) systems. This contract is significant as Elbit Systems was selected as the sole prime supplier, a departure from the United States's historical approach of splitting production among multiple vendors. Deliveries under this award are scheduled to take place through 2028. Bezhalel Machlis, President and CEO of Elbit Systems, highlighted the importance of this order as a testament to the performance and trust in their systems, building on a program originally awarded in 2023. The ENVG-B systems provide advanced visual and situational capabilities for soldiers, combining high-resolution image intensification with thermal imaging, augmented reality overlays, and passive targeting.
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