Nov. 18 at 2:40 PM
$ESLT Elbit eyes Europe for growth. From the earnings call: "We had an increase of
$1.4 billion in our backlog,
$200 million in Israel and
$1.2 billion outside of Israel. We are looking at that as some kind of the nature of the growth of the backlog for the future. We are targeting around flattish backlog in Israel and growth outside of Israel, predominantly in Europe. That that will be the growth area which ... we see our opportunities and we see the demand that coming out from Europe. And we think that this is the place that predominantly will will provide the growth in the future, in the backlog. "
$EUAD