Skip to content
Home » UPDATE 1-Israeli defence firm Elbit ramps up production for war, Q3 profit gains

UPDATE 1-Israeli defence firm Elbit ramps up production for war, Q3 profit gains

    Israeli defence electronics firm Elbit Systems said it has boosted supplies to Israel's military due to the country's war with Hamas militants, as it reported on Tuesday higher quarterly profit. Over the past six weeks, Elbit – one of Israel's largest defence contractors – has had to contend with 2,000 of its staff, or 15% of its workforce in Israel, being called into reserve duty to slightly disrupt its supply chain. But deputy CEO Joseph Gaspar said the company has been working 24 hours, seven days a week to meet demand by Israel's military and other customers.

    Read full NASCAR article on Yahoo Sports

    Read all NASCAR articles