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Elbit shares tumble despite global defense demand driving record backlog

Israeli defense giant's profit jumps 38% and backlog hits a record $32 billion as sales reach $2.3 billion, but shares slide 9.4% amid apparent profit-taking after a three-year surge

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https://www.jpost.com/defense-and-tech/article-905249

Elbit Systems reports record $32 billion backlog, profit rises 40% | The Jerusalem Post

https://www.jpost.com/defense-and-tech/article-905249