Elbit Systems Ltd. - Ordinary Shares (ESLT)

Competitors to Elbit Systems Ltd. - Ordinary Shares (ESLT)

BAE Systems plc

BAE Systems and Elbit Systems are competitors in the global defense market, engaging in similar sectors such as electronic systems, cyber capabilities, and advanced weapons systems. BAE Systems has a well-established presence, particularly in Europe and the U.S., and possesses a broad portfolio ranging from armored combat vehicles to naval systems. Elbit competes strongly in sectors like drones and remote sensing, but BAE's large-scale contracts and established global partnerships afford it a competitive advantage in overall market share and customer relationships.

Honeywell International Inc.

Honeywell and Elbit Systems intersect in areas such as advanced avionics and defense technologies, where Honeywell brings its commercial expertise and extensive product line to the table. While Elbit is more focused on specific defense applications such as drones and reconnaissance systems, Honeywell leverages its broad multi-industry capabilities, enabling it to penetrate various defense and aerospace sectors. However, Honeywell’s larger market capitalization and diverse portfolio provide it with a competitive advantage in capturing more extensive projects that integrate various technologies.

Lockheed Martin Corporation 

Lockheed Martin and Elbit Systems compete primarily in the defense and aerospace sectors, with Lockheed Martin being one of the largest contractors for the U.S. government. Lockheed has a robust portfolio that includes advanced fighter jets, missile systems, and cybersecurity solutions. Elbit Systems, while also active in defense technologies, focuses on unmanned systems, surveillance, and various sophisticated electronic systems. Lockheed's strong financial backing and larger scale give them a competitive advantage in securing major contracts, especially from government sources.

Northrop Grumman Corporation 

Northrop Grumman and Elbit Systems vie for contracts in the domains of defense and technology solutions. Northrop Grumman has a significant advantage due to its large-scale projects related to military aircraft and unmanned systems. While Elbit Systems competes effectively by offering innovative technology and systems integration solutions—particularly in unmanned aerial vehicles—Northrop Grumman's extensive resources and established relationships with governments grant it a leading position in procurement processes, particularly in the U.S. defense sector.

Raytheon Technologies Corporation 

Raytheon Technologies and Elbit Systems compete across numerous defense technologies, including missile systems, radar, and intelligence solutions. Raytheon, through its substantial market presence and diversified technology offerings, asserts significant influence within military contracts, particularly in the United States and allied nations. Elbit's strengths lie in its focus on electronic warfare and advanced unmanned platforms, areas where it can compete effectively. However, Raytheon's scale and integration with ongoing government contracts give it a clear competitive edge in many areas.