S&P Global Ratings Maalot Raises Elbit Systems' Long Term Rating to "ilAAA" (Local Scale), With a Stable Outlook and Reaffirms Short Term Rating of "ilA-1+" (Local Scale)
Summary
S&P Global Ratings Maalot raised Elbit Systems' long-term local-scale rating to ilAAA and reaffirmed its short-term rating of ilA-1+. The upgrade reflects improved financial ratios, strong operating performance, and a record-high order backlog amid heightened geopolitical tensions and rising global defense budgets. The Hebrew rating report was filed with Israeli regulators and an unofficial English translation was submitted to the U.S. SEC on Form 6-K. Elbit's CEO framed the upgrade as validation of the company’s financial strength and ability to invest in growth while maintaining disciplined financial management.
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected