Elbit Systems: Record orders, cash flow still negative
The defense company's orders backlog grew 29% year-on-year. CEO Bezhalel Machlis: I manage a company, not a stock.
Source: globes.co.il
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The defense company's orders backlog grew 29% year-on-year. CEO Bezhalel Machlis: I manage a company, not a stock.
Despite frequent announcements of large contracts, Elbit Systems' share price is down 6% this year. Analysts: Foreign investors don't want Israeli stocks.