Elbit Systems sales passed $1.5 billion in 2006
At the end of 2006, Elbit Systems' backlog of orders was $3.8 billion
At the end of 2006, Elbit Systems' backlog of orders was $3.8 billion, it said.
Sales rose 42% against the previous year and net profit doubled to $72 million, compared with $32.5 million in 2004.
Quarterly sales rose 45% against the same period of 2005 to $467.4 million.
Net profit increased by hundreds of percent to $24 million, compared with $5.7 million the year before.
Shares in Elbit Systems have risen 4% this year, slightly underperforming the benchmark TA-25 index which has gained 5% in that time. The company's market capitalization on Nasdaq and the Tel Aviv Stock Exchange is NIS 6.1 billion.
Elbit Systems also said it will be paying shareholders a dividend of 16 cents per share for the last quarter of 2006, on April 16.