NEW YORK - Israeli defense contractor Elbit Systems Ltd. said Tuesday its first-quarter profit and sales grew, fueled by acquisitions and a diverse geographic reach, with 80 percent of sales coming from outside Israel.
| ESLT | 41.97 |
For the three months ended March 31, the company earned $32.2 million, or 75 cents per share, up 68 percent from $19.1 million, or 45 cents per share, in the same period a year earlier.
Revenue rose 53 percent to $616.1 million from $403.6 million. The year-ago results don't include sales from Tadiran Communications Ltd., which were consolidated beginning last May.
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