Elbit Systems is trading at ILA 221,520, up 5.99%; the cause of the move is unconfirmed.
- A report dated October 5 mentioned an approximately $60 million counter-drone contract with a NATO country. The award was announced in January 2025, so it is not a new catalyst.
- Jefferies cut its price target on October 5, citing defense-supplier de-rating, but coverage does not link that action to the gain.