🟢 Elbit Systems is trading 6.12% up after Swedish unit plans European laser-warning center

Elbit Systems is trading at ILA 216,900, up 6.12% at the October 14 close, after its Swedish subsidiary announced plans for its first European laser-warning-systems production and maintenance center.

• The center is expected to begin operating in 2027.
• Globes linked the share jump to the announcement, reporting shares nearly 8% higher on the day’s highest Tel Aviv Stock Exchange volume.
• The center is intended to support local assembly, maintenance and delivery for European customers.