Elbit Systems Reports Second Quarter Of 2014 Results

             Elbit Systems Reports Second Quarter Of 2014 Results

Backlog of orders at $6.2 billion; Revenues at $703 million; Net income of $44
million; EPS of $1.03

PR Newswire

HAIFA, Israel, Aug. 6, 2014

HAIFA, Israel, Aug.6, 2014 /PRNewswire/ --Elbit Systems Ltd. (the "Company")
(NASDAQ and TASE: ESLT), the international defense electronics company,
reported today its consolidated results for the quarter ended June30, 2014.

In this release, the Company is providing US-GAAP results as well as
additional non-GAAP financial data, which are intended to provide investors a
more comprehensive understanding of the Company's business results and trends.
Unless otherwise stated, all financial data presented is GAAP financial data.

Management Comment:

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "Our
second quarter results demonstrate continued solid performance. These
achievements are a result of our ongoing efforts to focus on efficiently
managing our operations while increasingly leveraging our global inter company
resources and synergies. We are pleased with the continued growth in our
backlog, which is a good indicator of potential revenue growth in the future.
We remain committed to maintaining our electronic defense leadership, by
investing in the development of new technologies and markets with the aim of
ensuring continued stability and long-term growth."

Second quarter 2014 results:

Revenues in the second quarter of 2014were $702.6 million, as compared to
$702.9 million in the second quarter of 2013.

Gross profit amounted to $199.4 million (28.4% of revenues) in the second
quarter of 2014, as compared to $203.1 million (28.9% of revenues) in the
second quarter of 2013. The non-GAAP gross profit in the second quarter of
2014 was $204.8 million (29.1% of revenues), as compared to $208.5 million
(29.7% of revenues) in the second quarter of 2013. The decrease in the gross
profit rate was mainly due to the mix of programs sold in the quarter and the
stronger Israeli shekel versus the US dollar in the second quarter of 2014
compared to last year.

Research and development expenses, net, were $52.2 million (7.4% of revenues)
in the second quarter of 2014, as compared to $51.5 million (7.3% of revenues)
in the second quarter of 2013.

Marketing and selling expenses were $50.3 million (7.2% of revenues) in the
second quarter of 2014, as compared to $57.1 million (8.1% of revenues) in
the second quarter of 2013. The decrease in the quarter was mainly a result of
lower selling expenses related to the mix of marketing efforts in the quarter.

General and administrative expenses were $34.3 million (4.9% of revenues) in
the second quarter of 2014, as compared to $27.8 million (4.0% of revenues) in
the second quarter of 2013. General and administrative expenses in the second
quarter of 2013 benefited from income related to a legal settlement, net of
expenses, of $7.6 million.

Operating income was $62.6 million (8.9% of revenues) in the second quarter of
2014, as compared to operating income of $66.7 million (9.5% of revenues) in
the second quarter of 2013. The non-GAAP operating income in the second
quarter of 2014 was $73.1 million (10.4% of revenues), as compared to $70.5
million (10.0% of revenues) in the second quarter of 2013.

Financial expenses, net, were $8.3 million in the second quarter of 2014, as
compared to $12.7 million in the second quarter of 2013. Financial expenses,
net, in the second quarter of 2013 were comparatively high due to fluctuations
in foreign currencies.

Taxes on income were $9.9 million (effective tax rate of 18.1%) in the second
quarter of 2014, as compared to $5.1 million (effective tax rate of 9.4%) in
the second quarter of 2013. The effective tax rate was affected by the mix of
the tax rates in the various jurisdictions in which the Company's entities
generate taxable income.

Equity in net earnings of affiliated companies and partnerships was $1.7
million (0.2% of revenues) in the second quarter of 2014, as compared to $2.5
million (0.4% of revenues) in the second quarter of 2013.

Net income attributable to non-controlling interests was $2.3 million in the
second quarter of 2014, as compared to $3.0 million in the second quarter of
2013.

Net income attributable to the Company's shareholders in the second quarter of
2014 was $43.9 million (6.2% of revenues), as compared to $49.6 million (7.1%
of revenues) in the second quarter of 2013. Net income in the second quarter
of 2013 benefited from income related to a legal settlement, net of expenses,
of $7.6 million. The non-GAAP net income in the second quarter of 2014 was
$52.6 million (7.5% of revenues), as compared to $50.4 million (7.2% of
revenues) in the second quarter of 2013.

Diluted net earnings per share attributable to the Company's shareholders were
$1.03 for the second quarter of 2014, as compared with diluted net earnings
per share of $1.17 for the second quarter of 2013. The non-GAAP diluted
earnings per share in the second quarter of 2014 were $1.23, as compared with
diluted net earnings per share of $1.19 for the second quarter of 2013.

The Company's backlog of orders as of June30, 2014 totaled $6,174 million, as
compared to $5,804 million as of June30, 2013. Approximately 72% of the
current backlog is attributable to orders from outside Israel. Approximately
59% of the current backlog is scheduled to be performed during the second half
of 2014 and 2015.

Operating cash flow was $15.8 million for the first half of 2014, as compared
to $60.9 million in the first half of 2013. The Company's cash flow was
negatively affected mainly by the delay in payments from the Israeli Ministry
of Defense. The Company does not foresee a risk in the collection of these
payments.

Non-GAAP financial data:

The following non-GAAP financial data is presented to enable investors to have
additional information on the Company's business performance as well as a
further basis for periodical comparisons and trends relating to the Company's
financial results. The Company believes such data provides useful information
to investors by facilitating more meaningful comparisons of the Company's
financial results over time. Such non-GAAP information is used by the
Company's management to make strategic decisions, forecast future results and
evaluate the Company's current performance. However, investors are cautioned
that, unlike financial measures prepared in accordance with GAAP, non-GAAP
measures may not be comparable with the calculation of similar measures for
other companies.

The non-GAAP financial data includes reconciliation adjustments regarding
non-GAAP gross profit, operating income, net income and diluted EPS. In
arriving at non-GAAP presentations, companies generally factor out items such
as those that have a non-recurring impact on the income statements, various
non-cash items, significant effects of retroactive tax legislation and changes
in accounting guidance and other items which, in management's judgment, are
items that are considered to be outside of the review of core operating
results.

In the Company's non-GAAP presentation, the Company made certain adjustments,
as indicated in the table below.

These non-GAAP measures are not based on any comprehensive set of accounting
rules or principles. The Company believes that non-GAAP measures have
limitations in that they do not reflect all of the amounts associated with the
Company's results of operations, as determined in accordance with GAAP, and
that these measures should only be used to evaluate the Company's results of
operations in conjunction with the corresponding GAAP measures. Investors
should consider non-GAAP financial measures in addition to, and not as
replacements for or superior to, measures of financial performance prepared in
accordance with GAAP.

Reconciliation of GAAP to Non-GAAP (Unaudited) Supplemental Financial Data

(US Dollars in millions)
                            Six Months Ended  Three Months Ended  Year Ended
                            June 30,          June 30,           December 31,
                            2014     2013     2014       2013     2013
GAAP gross profit           392.6    395.9    199.4      203.1    824.8
Adjustments:
Amortization of intangible  10.8     11.0     5.4        5.4      22.2
assets
Impairment of long-lived    —        —        —          —        0.9
assets
Non-GAAP gross profit      403.4    406.9    204.8      208.5    847.9
Percent of revenues         29.1  %  29.4  %  29.1   %   29.7  %  29.0     %
GAAP operating income       122.5    120.5    62.6       66.7     239.4
Adjustments:
Amortization of intangible  21.6     23.0     10.5       11.4     45.9
assets
Impairment of long-lived    —        —        —          —        0.9
assets
Legal settlement, net       —        (7.6)    —          (7.6)    (7.6)
Gain from changes in        (6.0)    —        —          —        —
holdings
Non-GAAP operating income   138.1    135.9    73.1       70.5     278.6
Percent of revenues         10.0  %  9.8   %  10.4   %   10.0  %  9.5      %
GAAP net income
attributable to Elbit       92.0     91.0     43.9       49.6     183.4
Systems' shareholders
Adjustments:
Amortization of intangible  21.6     23.0     10.5       11.4     45.9
assets
Impairment of long-lived    —        —        —          —        0.9
assets
Legal settlement, net       —        (7.6)    —          (7.6)    (7.6)
Gain from changes in        (6.0)    —        —          —        (0.9)
holdings
Adjustment of gain from
discontinued operations,    —        (0.8)    —          (1.0)    (0.8)
net
Related tax benefits        (3.2)    (4.0)    (1.8)      (2.0)    (10.1)
Non-GAAP net income
attributable to             104.4    101.6    52.6       50.4     210.8
Elbit Systems' shareholders
Percent of revenues         7.5   %  7.3   %  7.5    %   7.2   %  7.2      %
Non-GAAP diluted net EPS    2.45     2.41     1.23       1.19     4.99



Recent Events:

On May 18, 2014 the Company announced that its wholly-owned U.S. subsidiary,
Elbit Systems of America, LLC, was awarded two contracts, totaling $14.1
million, to support the upgrade of the U.S. Marine Corps' Bell AH-1W attack
helicopter fleet.

On May 28, 2014 the Company announced that it was awarded a contract to supply
systems in an amount of $133 million for homeland security applications to a
customer in the Latin American region. The systems are based on highly
advanced and unique technologies, including command, control and intelligence
capabilities to be operated via dedicated control centers intended to play a
major role in fighting crime, preventing violence and improving citizens'
safety and security. The contract will be performed over a one-year period.

On June 8, 2014 the Company announced that it was selected by the Swiss
Federal Department of Defence, Civil Protection and Sport, as the preferred
supplier for the UAS 15 new reconnaissance drone program.

On June 12, 2014 the Company announced that its subsidiary, Elbit Systems
Electro-Optics-Elop Ltd., decided to withdraw its lawsuit filed against the
Government of Israel in November 2012 for damages and expenses caused in
connection with the cancellation of export licenses for a project of a foreign
customer.

On June 22, 2014 the Company announced that it was awarded a contract, valued
at approximately $20 million, for the supply of upgraded armored personnel
carriers ("APCs") to the Philippines Armed Forces. The upgrade will include 25
mm unmanned turrets, 12.7 mm remote controlled weapon stations and fire
control systems for 90 mm turrets. The APCs will be supplied over a one-year
period.

Dividend:

The Board of Directors declared a dividend of $0.32 per share for the second
quarter of 2014. The dividend's record date is August 19, 2014. The dividend
will be paid from income generated as Preferred Income (as defined under
Israeli tax laws), on September 1, 2014, net of taxes and levies, at the rate
of 20%.

Conference Call:

The Company will be hosting a conference call today, Wednesday, August6, 2014
at 9:00 a.m. Eastern Time. On the call, management will review and discuss the
results and will be available to answer questions.

To participate, please call one of the teleconferencing numbers that follow.
If you are unable to connect using the toll-free numbers, please try the
international dial-in number.

US Dial-in Numbers: 1 888 668 9141
UK Dial-in Number: 0 800 917 5108
ISRAEL Dial-in Number: 03 918 0609
INTERNATIONAL Dial-in Number: +972 3 918 0609

at: 9:00 am Eastern Time; 6:00 am Pacific Time; 2:00 pm UK Time; 4:00 pm
Israel Time

This call will also be broadcast live on Elbit Systems' web-site at
http://www.elbitsystems.com. An online replay will be available from 24 hours
after the call ends.

Alternatively, for two days following the call, investors will be able to dial
a replay number to listen to the call. The dial-in numbers are:

1 888 326 9310 (US) or +972 3 925 5901 (Israel and International).

About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in
a wide range of programs throughout the world. The Company, which includes
Elbit Systems and its subsidiaries, operates in the areas of aerospace, land
and naval systems, command, control, communications, computers, intelligence
surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems ("UAS"),
advanced electro-optics, electro-optic space systems, EW suites, signal
intelligence ("SIGINT") systems, data links and communications systems and
radios.The Company also focuses on the upgrading of existing military
platforms, developing new technologies for defense, homeland security and
commercial aviation applications and providing a range of support services,
including training and simulation systems.

For additional information, visit: www.elbitsystems.comor follow us on
Twitter.

Attachments:
Consolidated balance sheets
Consolidated statements of income
Consolidated statements of cash flow
Consolidated revenue distribution by areas of operation and by geographical
regions

Company Contact:
                                                    IR Contact:

                                                    
Joseph Gaspar, Executive VP & CFO
                                                    Ehud Helft
Tel: +972-4-8316663
                                                    Kenny Green
j.gaspar@elbitsystems.com
                                                    GK Investor Relations
Dalia Rosen, VP, Head of Corporate Communications
                                                    Tel: 1-646-201-9246
Tel: +972-4-8316784
                                                    elbitsystems@gkir.com
dalia.rosen@elbitsystems.com
                                                    
Elbit Systems Ltd.

This press release contains forward-looking statements (within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1943, as amended) regarding Elbit Systems Ltd.
and/or its subsidiaries (collectively the Company), to the extent such
statements do not relate to historical or current fact. Forward-looking
statements are based on management's expectations, estimates, projections and
assumptions. Forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, as
amended. These statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to predict. Therefore,
actual future results, performance and trends may differ materially from these
forward-looking statements due to a variety of factors, including, without
limitation: scope and length of customer contracts; governmental regulations
and approvals; changes in governmental budgeting priorities; general market,
political and economic conditions in the countries in which the Company
operates or sells, including Israel and the United States among others;
differences in anticipated and actual program performance, including the
ability to perform under long-term fixed-price contracts; and the outcome of
legal and/or regulatory proceedings. The factors listed above are not
all-inclusive, and further information is contained in Elbit Systems Ltd.'s
latest annual report on Form 20-F, which is on file with the U.S. Securities
and Exchange Commission. All forward-looking statements speak only as of the
date of this release. The Company does not undertake to update its
forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names
appearing in this Press Release are the trademarks or service marks of Elbit
Systems Ltd. or its affiliated companies. All other brand, product, service
and process names appearing are the trademarks of their respective holders.
Reference to or use of a product, service or process other than those of Elbit
Systems Ltd. does not imply recommendation, approval, affiliation or
sponsorship of that product, service or process by Elbit Systems Ltd. Nothing
contained herein shall be construed as conferring by implication, estoppal or
otherwise any license or right under any patent, copyright, trademark or other
intellectual property right of Elbit Systems Ltd. or any third party, except
as expressly granted herein.



ELBIT SYSTEMS LTD.

CONSOLIDATED BALANCE SHEETS

(In thousands of US Dollars)
                                                    June 30,      December 31,
                                                    2014          2013
                                                    Unaudited     Audited
Assets
Current assets:
Cash and cash equivalents                           $ 173,842     $ 193,737
Short-term bank deposits and marketable securities  102,776       71,625
Trade and unbilled receivables, net                 906,640       823,245
Other receivables and prepaid expenses              159,526       151,367
Inventories, net of customers advances              820,992       756,032
Total current assets                                2,163,776     1,996,006
Investments in affiliated companies and             123,914       131,362
partnerships
Long-term trade and unbilled receivables            235,082       242,576
Long-term bank deposits and other receivables       63,856        52,983
Deferred income taxes, net                          40,790        35,695
Severance pay fund                                  318,057       323,388
                                                    781,699       786,004
Property, plant and equipment, net                  461,668       481,408
Goodwill and other intangible assets, net           663,461       669,750
Total assets                                        $ 4,070,604   $ 3,933,168
Liabilities and Equity
Short-term bank credit and loans                    $ 398         $ —
Current maturities of long-term loans and Series A  66,168        63,111
Notes
Trade payables                                      328,565       301,480
Other payables and accrued expenses                 689,073       720,544
Customer advances in excess of costs incurred on    396,964       349,998
contracts in progress
                                                    1,481,168     1,435,133
Long-term loans, net of current maturities          329,363       224,209
Series A Notes, net of current maturities           327,960       377,812
Employee benefit liabilities                        400,454       407,855
Deferred income taxes and tax liabilities, net      78,913        73,502
Customer advances in excess of costs incurred on    133,332       164,854
contracts in progress
Other long-term liabilities                         61,618        55,634
                                                    1,331,640     1,303,866
Elbit Systems Ltd.'s equity                         1,242,485     1,177,012
Non-controlling interests                           15,311        17,157
Total equity                                        1,257,796     1,194,169
Total liabilities and equity                        $ 4,070,604   $ 3,933,168



ELBIT SYSTEMS LTD.

CONSOLIDATED STATEMENTS OF INCOME

(In thousands of US Dollars, except for share and per share amount)
                Six Months Ended            Three Months Ended      Year Ended
                                            June 30,               December 31,
                June 30,
                2014          2013          2014        2013        2013
                Unaudited                   Unaudited               Audited
Revenues        $ 1,385,260   $ 1,383,063   $ 702,647   $ 702,876   $ 2,925,151
Cost of         992,706       987,206       503,291     499,727     2,100,304
revenues
Gross profit    392,554       395,857       199,356     203,149     824,847
Operating
expenses:
Research and
development,    101,161       102,543       52,219      51,494      220,482
net
Marketing and   105,261       112,849       50,283      57,095      235,466
selling
General and
administrative, 69,583        59,981        34,269      27,815      129,507
net
Other income,   (5,951)       —             —           —           —
net
                270,054       275,373       136,771     136,404     585,455
Operating       122,500       120,484       62,585      66,745      239,392
income
Financial       (12,933)      (20,640)      (8,271)     (12,718)    (37,310)
expenses, net
Other income,   122           44            88          53          937
net
Income before   109,689       99,888        54,402      54,080      203,019
income taxes
Taxes on income (16,045)      (9,668)       (9,859)     (5,064)     (25,313)
                93,644        90,220        44,543      49,016      177,706
Equity in net
earnings of
affiliated      2,751         4,174         1,654       2,482       13,032
companies and
partnerships
Income from
continuing      96,395        94,394        46,197      51,498      190,738
operations
Income from
discontinued    —             681           —           1,022       681
operations, net
 Net income   96,395        95,075        46,197      52,520      191,419
Less: net
income
attributable to (4,360)       (4,113)       (2,315)     (2,965)     (8,002)
non-controlling
interests
Net income
attributable to
Elbit Systems   $ 92,035      $ 90,962      $ 43,882    $ 49,555    $ 183,417
Ltd.'s
shareholders
Earnings per share attributable to Elbit Systems
Ltd.'s shareholders:
Basic net
earnings per
share
Continuing      $ 2.16        $ 2.15        $ 1.03      $ 1.16      $ 4.34
operations
Discontinued    —             0.02          —           0.02        0.01
operations
Total           $ 2.16        $ 2.17        $ 1.03      $ 1.18      $ 4.35
Diluted net
earnings per
share
Continuing      $ 2.16        $ 2.14        $ 1.03      $ 1.15      $ 4.33
operations
Discontinued    —             0.02          —           0.02        0.01
operations
Total           $ 2.16        $ 2.16        $ 1.03      $ 1.17      $ 4.34
Weighted
average number
of shares (in
thousands)

used in
computation of
Basic earnings 42,636        41,977        42,658      42,047      42,139
per share
Diluted
earnings per    42,661        42,146        42,682      42,217      42,295
share
Amounts attributable to
Elbit Systems Ltd.'s
shareholders
Income from
continuing      $ 92,035      $ 90,143      $ 43,882    $ 48,533    $ 182,598
operations, net
of income tax
Discontinued
operations, net —             819           —           1,022       819
of income tax
Net income
attributable to
Elbit Systems   $ 92,035      $ 90,962      $ 43,882    $ 49,555    $ 183,417
Ltd.'s
shareholders



ELBIT SYSTEMS LTD.

CONSOLIDATED STATEMENTS OF CASH FLOW

(In thousands of US Dollars)
                                          Six Months Ended        Year Ended
                                          June 30,               December 31,
                                          2014        2013        2013
                                          Unaudited               Audited
CASH FLOWS FROM OPERATING ACTIVITIES
Net income                                $ 96,395    $ 95,075    $  191,419
Adjustments to reconcile net income to
net cash provided by operating
activities:
Depreciation and amortization             62,605      64,475      129,348
Write-off impairment and discontinued     —           (681)       254
operations, net
Stock-based compensation                  184         252         440
Amortization of Series A Notes premium    (46)        (46)        (92)
and related issuance costs, net
Deferred income taxes and reserve, net    (1,054)     13,476      221
Loss (gain) on sale of property, plant    (1,259)     175         (147)
and equipment
Loss (gain) on sale of investment         (5,879)     (514)       873
Equity in net loss (earnings) of
affiliated companies and partnerships,    7,247       (2,674)     468
net of dividend received (*)
Changes in operating assets and
liabilities, net of amounts acquired:
Increase in short and long-term trade     (83,440)    (113,820)   (108,337)
receivables, and prepaid expenses
Increase in inventories, net              (64,941)    (36,085)    (4,785)
Increase (decrease) in trade payables,    (5,211)     437         55,935
other payables and accrued expenses
Severance, pension and termination        (1,587)     4,128       (3,595)
indemnities, net
Increase (decrease) in advances received  12,745      36,696      (95,027)
from customers
Net cash provided by operating activities 15,759      60,894      166,975
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment (26,988)    (32,950)    (63,019)
and other assets
Acquisition of a subsidiary               787         —           —
Investments in affiliated companies and   (3,536)     (4,975)     (6,222)
other companies
Proceeds from sale of property, plant and 7,817       3,041       3,755
equipment
Proceeds from sale of investments         110         2,000       3,550
Investment in long-term deposits          (403)       (494)       (2,076)
Proceeds from sale of long-term deposits  602         94          795
Investment in short-term deposits and     (69,109)    (20,050)    (50,975)
marketable securities
Proceeds from sale of short-term deposits 40,427      15,710      42,899
and marketable securities
Net cash used in investing activities     (50,293)    (37,624)    (71,293)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercise of options         3,005       6,455       18,364
Repayment of long-term loans              (95,000)    (23,547)    (230,532)
Proceeds from long-term loans             196,500     10,060      242,247
Repayment of Series A Notes               (55,532)    (55,535)    (55,535)
Dividends paid (**)                       (34,732)    (34,254)    (75,549)
Change in short-term bank credit and      398         8,988       (181)
loans, net
Net cash provided by (used in) financing  14,639      (87,833)    (101,186)
activities
NET DECREASE IN CASH AND CASH EQUIVALENTS (19,895)    (64,563)    (5,504)
Cash and cash equivalents at the          193,737     199,241     199,241
beginning of the year
Cash and cash equivalents at the end of   $ 173,842   $ 134,678   $  193,737
the period
* Dividend received from affiliated       $ 9,998     $ 1,500     $  13,500
companies and partnerships
** Dividends paid to the Company's shareholders and minority shareholders of a
subsidiary.



ELBIT SYSTEMS LTD.

DISTRIBUTION OF REVENUES

(In millions of US Dollars)
Consolidated Revenues by Areas of Operation:
              Six Months Ended                    Three Months Ended
              June 30,                            June 30,
              2014              2013              2014              2013
              $         %       $         %       $         %       $         %
              millions          millions          millions          millions
Airborne      579.1     41.8    562.1     40.6    289.1     41.1    278.8     39.7
systems
Land systems  123.4     8.9     119.8     8.7     65.1      9.3     63.5      9.0
C4ISR systems 511.1     36.9    498.5     36.0    260.9     37.1    258.3     36.7
Electro-optic 125.3     9.0     159.5     11.5    59.7      8.5     78.4      11.2
systems
Other (mainly
non-defense
engineering   46.4      3.4     43.2      3.2     27.9      4.0     23.9      3.4
and
production
services)
Total         1,385.3   100.0   1,383.1   100.0   702.7     100.0   702.9     100.0
Consolidated Revenues by Geographic Regions:
              Six Months Ended                    Three Months Ended
              June 30,                            June 30,
              2014              2013              2014              2013
              $         %       $         %       $         %       $         %
              millions          millions          millions          millions
Israel        331.6     23.9    288.9     20.9    168.6     24.0    150.3     21.4
North America 410.5     29.6    413.9     29.9    215.6     30.7    194.8     27.7
Europe        204.5     14.8    270.7     19.6    96.8      13.8    150.6     21.4
Latin America 171.0     12.3    132.6     9.6     101.7     14.5    67.3      9.5
Asia-Pacific  235.4     17.0    260.5     18.8    117.9     16.8    130.7     18.6
Other         32.3      2.4     16.5      1.2     2.1       0.2     9.2       1.4
countries
Total         1,385.3   100.0   1,383.1   100.0   702.7     100.0   702.9     100.0



SOURCE Elbit Systems Ltd.

Website: http://www.elbitsystems.com
 
Press spacebar to pause and continue. Press esc to stop.