US Stock Movement | Elbit Systems surges nearly 3% pre-market after securing a contract worth over $370 million

Glonhui July 20｜Israeli defense technology company Elbit Systems rose nearly 3% before the market open, mainly due to its U.S. subsidiary securing several contracts from U.S. Customs and Border Protection (CBP) with a total value exceeding $370 million. Company President and CEO Bezhalel Machlis stated that these new contracts demonstrate the continued contribution of its U.S. subsidiary to U.S. security and defense capabilities. Its advanced technology aims to provide reliable, real-time situational awareness to help clients address complex operational challenges.