Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Elbit Systems Ltd. is an Israel-based defense technology company that develops and supplies a wide range of advanced systems and products for defense, homeland security, and commercial aviation applications. The company operates primarily within the aerospace and defense industry, providing integrated solutions that span land, air, naval, and cyber domains. Its offerings are designed for military and governmental customers and are used in both combat and support roles.
The company’s primary revenue drivers include C4I and Cyber Systems, Intelligence, Surveillance, Targeting and Reconnaissance (ISTAR) solutions, airborne systems, land systems, and electro‑optical technologies. Elbit Systems is recognized for its ability to integrate proprietary technologies into customized solutions, offering a strategic advantage through vertical integration and long-term defense contracts. Founded in 1966 through the merger of Elbit and Elron, the company evolved from electronics manufacturing into a global defense prime contractor, expanding significantly through acquisitions and international subsidiaries.
Business Operations
Elbit Systems organizes its activities across multiple operating segments that generate revenue through product sales, long-term contracts, and lifecycle support services. Key segments include Aerospace, C4I and Cyber, Land Systems, Electro‑Optics, and Elbit Systems of America, which serves as the company’s primary platform for U.S. defense programs. Revenue is derived from system development, production, upgrades, and sustainment services provided to military forces and government agencies.
Operations span both domestic and international markets, with Israel and the United States representing the largest contributors to revenue. The company controls a broad portfolio of proprietary technologies, including avionics, unmanned systems, precision-guided munitions, electronic warfare systems, and command-and-control software. Major subsidiaries include Elbit Systems of America, IMI Systems (integrated following acquisition), and Elbit Systems UK, each supporting localized manufacturing and regulatory compliance in key markets.
Strategic Position & Investments
Elbit Systems’ strategy emphasizes sustained growth through defense modernization programs, increased defense spending in NATO countries, and the expansion of domestic defense capabilities in allied nations. The company has pursued targeted acquisitions to strengthen its land systems, munitions, and U.S. manufacturing footprint, most notably the acquisition of IMI Systems, which expanded its portfolio in precision munitions and armored vehicle solutions.
Investment priorities include unmanned platforms, cyber and electronic warfare, artificial intelligence-enabled command systems, and next-generation avionics. Elbit Systems continues to invest in research and development to maintain technological differentiation and to position itself as a preferred supplier for integrated, multi-domain defense solutions. Its portfolio of subsidiaries functions as both operating businesses and strategic vehicles for market access and regulatory alignment.
Geographic Footprint
Elbit Systems is headquartered in Israel and maintains a significant operational presence across North America, Europe, Asia-Pacific, and Latin America. The company operates manufacturing facilities, R&D centers, and support operations in over 30 countries, enabling it to serve local defense requirements and comply with national procurement regulations.
The United States is the company’s largest single market, driven by programs executed through Elbit Systems of America. Europe represents a growing region due to increased defense spending, while Asia-Pacific and Latin America provide long-term growth opportunities through modernization initiatives and border security investments. This global footprint supports diversified revenue streams and reduces dependence on any single national defense budget.
Leadership & Governance
Elbit Systems is led by an experienced executive team with deep backgrounds in defense technology, engineering, and large-scale program management. Leadership emphasizes operational execution, technological innovation, and disciplined capital allocation aligned with long-term shareholder value and national security requirements.
Key executives include:
- Bezhalel (Butzi) Machlis – President and Chief Executive Officer
- Joseph Gaspar – Chief Financial Officer
- Yehuda (Udi) Vered – President, Elbit Systems of America
- Oren Sabag – Executive Vice President, Land Systems
- Haim Delmar – Executive Vice President, International Marketing and Business Development
The company is governed by a board of directors that includes independent members, with oversight structures aligned to public company standards and regulatory requirements applicable to defense contractors.