Israeli arms maker; its drone killed World Central Kitchen aid workers
Company · Israel · Organization
Elbit Systems is Israel's largest private arms manufacturer and the main supplier of the drones Israel's military flies over Gaza and Lebanon. On April 1, 2024 an Elbit Hermes 450 drone fired the missiles that killed seven World Central Kitchen aid workers in a convoy in Gaza. UN Special Rapporteur Francesca Albanese's July 2025 report names drones largely developed and supplied by Elbit and IAI as flying alongside Israel's fighter jets. For Elbit, the wars have meant record business. Israel's Ministry of Defense gave it $183M for air munitions in Jan 2026, about $200M more in April 2026 tied to the Iran campaign, and $48M for tens of thousands of 155mm artillery shells. Elbit also makes the ATMOS howitzer and PULS rocket launcher, which it sells to NATO armies as products with a track record. In H1 2026 it reported $4.48B in revenue and $334M in net income, with a record $32.0B backlog at June 30, 2026. Federmann Enterprises controls 41.2% of its shares.
● confirmed by a primary document · ○ reported
As of June 17, 2026, Federmann Enterprises Ltd. held 19,318,508 shares ... Mr. Federmann controls, directly and indirectly, the vote of Shares owned by Heris and FEL (approximately 41.2% of our outstanding Shares).
Michael Federmann and his sons (David, Gideon, and Daniel) collectively hold an indirect economic interest of approximately 25.5% of outstanding shares.
each of Gideon and Daniel Federmann holding an approximately 6.12% economic interest
David Federmann holding an approximately 8.16% economic interest
Federmann Enterprises Ltd. ... 19,318,508 ... 41.2% of our outstanding Shares
(1) Michael Federmann, a member of our Board, has the right to control the voting of the 19,318,508 ordinary shares (i.e., approximately 41.5% of our outstanding ordinary shares) that are owned, directly and indirectly, by FEL (the FEL Share Position)
each of Gideon and Daniel Federmann holding an approximately 6.12% economic interest
holds an indirect non-voting economic interest of approximately 7.2% in our outstanding Shares
with Michael Federmann holding an approximately 5.1% economic interest
second largest in Lockheed Martin (9.2 per cent) and Elbit Systems (2.0 per cent)
The Spanish government has canceled a contract worth nearly 700 million euros ($825 million) for Israeli-designed rocket launchers ... 12 SILAM rocket launcher systems, derived from the PULS platform made by Israeli firm Elbit Systems
$183-million contract awarded to Elbit in January for air munitions to replenish stockpiles ... roughly $200 million ... Operation Roaring Lion ... $48-million contract with Elbit Systems for tens of thousands of locally produced 155mm artillery shells
The Company's joint venture with Israel-based Elbit Systems exported the first ship set of the Hermes 900 fuselage to Israel
Singapore announced in November this year its selection of Israel's Elbit Systems' Hermes 900 unmanned aerial vehicle (UAV)
it was awarded a contract worth $305 million to supply Precise & Universal Launching System (PULS) artillery rocket systems to the Royal Netherlands Army
Elbit Systems Awarded Two Contracts In An Aggregate Amount of $252 Million to Supply ATMOS and PULS Artillery Systems
The PULS rocket artillery system is being used extensively by the Israeli Defence Forces (IDF) in the ongoing war in Gaza and Lebanon. ... The very accurate rockets launched by the systems have destroyed a great number of targets on the two fronts
fire a variety of ammunition types to various ranges from the same position, to ranges of up to 300km ... Hellenic Armed Forces Select Elbit Systems' PULS Rocket Artillery System
Serbia revealed as buyer in Elbit's $1.63 billion arms deal ... Hermes 900 drones, long-range precision missiles, electronic warfare systems, and command-and-control platforms
Greece is formally acquiring the Precise and Universal Launching System (PULS) rocket artillery system in a $750 million agreement ... The deal includes the launchers as well as training rockets, precision-guided rockets and loitering munitions.
Romania's Defense Ministry concluded a USD 400 million deal with Israeli company Elbit for the development of seven Watchkeeper X systems
315 Magni-X tactical reconnaissance drones ... an option to acquire an additional 300 drones (Elbit Systems Deutschland)
The Israel Defense Forces conducted the first operational firing of the new self-propelled Roem howitzer during operations in Lebanon ... uses a 155mm shell ... Elbit Systems began developing in 2019 ... to attack Hezbollah targets from which fire was fired at our forces
100 rounds of high explosive (HE) 155mm precision-guided munition (PGM) ... Elbit Systems ... P248 million ... notice of award August 11, 2025
The Royal Moroccan Armed Forces have contracted Elbit Systems for the delivery of 36 ATMOS 2000 self-propelled artillery systems
Munitions India Limited exported 1,000 155-mm high-explosive artillery rounds to Elbit Systems, while Advanced Weapons and Equipment India Limited supplied 120 81-mm mortar launchers to the Israeli company in February 2024.
PLR Systems Private Limited, who manufacture parts for machine guns and is a joint venture between Adani Defence & Aerospace and Israel Weapon Industries; ... the state-owned Munitions India Limited, who manufacture high-explosive artillery rounds; and Alpha Elsec Defence & Aerospace Systems Private Limited who manufacture explosive warheads and is a joint venture between Alpha Design Technologies and Elbit Systems.
Bezhalel Machlis has served as the Company’s President and CEO since 2013.
March 17, 2026 By: /S /BEZHALEL MACHLIS Bezhalel Machlis President and Chief Executive Officer (Principal Executive Officer)
David Federmann has served as chair of the Board since August 2023, after serving as vice chair
the Board since August 2023, after serving as vice chair of the Board since 2015. He has served in various management capacities at Federmann Enterprises Ltd. (FEL), a privately-owned Israeli company, since 2000.
Michael Federmann, who serves as a member of our board of directors, is (through entities under his control) the controlling shareholder of FEL, and he is also the chair of the board and the chief executive officer of FEL.
Revenues $4,475.904 million (six months ended June 30, 2026)
FY2025 revenues $7,938.6 million ... FY2024 $6,827.9 million
Revenues $4,475.904 million (six months ended June 30, 2026)
Net income attributable to the Company's shareholders $334.424 million (six months 2026)
GAAP net income attributable to the Company's shareholders $534.3 million (FY2025); $321.1 million (FY2024)
Net income $334.380 million; attributable to the Company's shareholders $334.424 million (six months 2026)
Order backlog as of June 30, 2026: $32.0 billion