Elbit Systems to Establish European Laser Warning System Production Hub in Sweden

Elbit Systems announced plans to establish a new European production center in Sweden, set to commence operations in 2027. This facility will support local integration, assembly, maintenance, and support for the company's Laser Warning Systems (LWS) across Europe. The initiative aligns with Elbit Systems' long-term strategy to expand its industrial footprint and bolster local technological and industrial capabilities throughout the continent. Establishing local manufacturing and maintenance is expected to enhance system availability, shorten delivery times, and improve customer support for European clients.

The new systems represent the next generation of Elbit's passive laser warning systems, designed for immediate detection and location of laser threats. They aim to provide users with maximum time and operational flexibility to deploy defensive measures. These systems are developed for seamless integration with existing command and control systems, featuring a distributed architecture that reduces component count, minimizes platform modifications, and offers a more robust and reliable solution. Elbit Systems' LWS are currently in operational use by militaries worldwide and are a key component of advanced self-protection systems for military platforms.

Elbit Systems Sweden, founded in 2020, has become an integral part of Elbit's European operations, employing over 100 individuals across the country. It serves as a regional hub for northern Europe and collaborates closely with Sweden's defense ecosystem. In recent years, Elbit Systems Sweden has supported advanced defense and digitalization programs in Sweden, reinforcing its position as a long-term industrial and technological partner in the region. The establishment of the new center marks a significant milestone in Elbit Systems Sweden's growth and underscores the company's commitment to supporting the long-term defense readiness of Sweden and Europe through local industrial capabilities, technology transfer, and strategic partnerships.

The CEO of Elbit Systems Sweden, CEO of Elbit Systems Sweden, stated, "This initiative is an important step for us and reflects our commitment to strengthening our capabilities to develop, supply, and manufacture locally. It also integrates well with our core technologies and allows us to expand our fields of operation in the future. Through the establishment of the center and the transfer of advanced technologies, we aim to support customers in Sweden, Europe, and NATO with reliable, long-term, and locally supported self-defense solutions, alongside secure and sovereign supply chains."

This expansion occurs as Elbit Systems continues to report strong financial results. In the second quarter of 2026, the company's revenues rose approximately 16% to about $2.29 billion, with net profit increasing by about 38% to $173.6 million. The order backlog reached a record $32 billion by the end of June, with significant growth driven by European orders. Approximately 73% of the backlog is from international orders, and about 42% is scheduled for fulfillment in late 2026 and 2027. While the company's stock is trading about 33% below its 52-week high, it has seen a 10.5% increase year-to-date, trading at a price-to-earnings ratio of about 47, indicating expectations for continued substantial growth.