Q4 2018

Management Comment:

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "I am pleased with our performance in 2018, in which we reported 9% revenue growth and positive cash flow of over $190 million. The fourth quarter of 2018 was an unusual and important strategic quarter for Elbit Systems with a few one-time events impacting our results, primarily due to the fact that we closed the acquisition of IMI."

Mr. Machlis added: "As we move into 2019, Elbit Systems is a much larger company with a revenue run rate of over $4 billion per year and backlog approaching the $10 billion mark. The integration of IMI into our organization is progressing, and we are excited about the potential it brings us. We have a long and successful track record of integrating acquisitions, and we look forward to an accelerated and fruitful process. We are confident that this acquisition will bring many synergies across the organization that will improve our position globally and will further increase value to our shareholders over the long term."

Elbit Systems Reports Fourth Quarter and Full Year 2018 Results | Elbit Systems