Elbit Systems stock: $170 million IDF training contract spans 15 years
Published on 11/11/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLong-Term Defense Services Expand
- The agreement combines artillery training infrastructure with simulation, instruction, maintenance and support services.
- The project supports the IDF's ROEM and LAHAV fire systems and is intended to improve readiness and shorten qualification timelines.
- Elbit Systems expects its integrated training approach to reduce resource use and wear on operational platforms.
Elbit Systems said on Monday, November 2, 2026, that Israel's Ministry of Defense awarded it a contract worth approximately 170 million US dollars to establish and operate an advanced training and simulation center for the Israel Defense Forces Artillery Corps. The agreement covers 15 years and adds long-duration services to the company's defense-equipment business.
Elbit Systems stock traded at 664.25 euros on Lang & Schwarz at 10:02 CET on Wednesday, November 11.
Training Center Covers New Fire Systems
According to the company announcement, the center will support the operational integration of the ROEM, also known as SIGMA, self-propelled artillery system and the LAHAV, or PULS, precision rocket launcher system into the IDF Artillery Corps.
The project includes mission and driving simulators, training classrooms and dedicated facilities. Elbit Systems said the solution will combine simulation technologies, automation capabilities, artificial intelligence functions and driver-training solutions. The company will also provide instruction, maintenance and support throughout the contract period.
Services Extend Beyond Equipment Delivery
The award gives Elbit Systems a role across the operating life of the training center rather than limiting the work to initial equipment delivery. The recurring service elements include training, maintenance and logistical support, linking the company's technology offering with the IDF's ongoing readiness requirements.
Elbit Systems said the project is intended to improve the readiness and proficiency of artillery personnel, shorten qualification and training timelines, and raise training efficiency. It also expects the approach to reduce resource consumption and wear on operational platforms.
Boaz Cohen, general manager of Elbit Systems Land & Armaments, said the project combines advanced infrastructure, immersive simulation technologies and a long-term partnership. In the company's view, that combination should help the IDF maximize the operational potential of the new land-fire systems.
Backlog Provides Wider Business Context
In the same announcement, Elbit Systems said it had more than 21,000 employees across dozens of countries. The company also reported revenue of 2,287.1 million US dollars for the three months ended June 30, 2026, and an order backlog of 32.0 billion US dollars at that date.
Elbit Systems stock at a glance
- Company: Elbit Systems Ltd.
- ISIN: IL0010811243
- Ticker: ESLT
- Trading venue: Lang & Schwarz
- Price: 664.25 euros at 10:02 CET on November 11, 2026
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