Horror for thousands, benefits for a few. At the main headquarters of Elbit Systemsone of the main Israeli weapons manufacturers, the calculator does not stop throwing scandalous figures: in the third quarter of this year its income has grown again thanks to the sale of ammunition to the army Benjamin Netanyahuresponsible for the massacre in the Gaza Strip.
The wind blows in favor in the office Bezhalel Machlisthe former Israel Defense Forces artillery officer who now heads Elbit Systems. According to the latest business report published this week, the company once again achieved historic data.
According to that document, the company’s revenue in the third quarter of 2024 amounted to 1,717.5 million dollarscompared to the 1,501.6 million obtained last year in that same period. “The company’s order book has reached the record number of more than $22 billion,” says Machlis.
The report notes that Elbit Systems’ land revenue “increased 24% due to increased sales of ammunition and munitions in Israel,” coinciding with indiscriminate attacks against civilians in the Gaza Strip which already exceed 42,000 deaths.
Likewise, the income from the company’s aerospace area increased by 7% in the third quarter of 2024 compared to that period in 2023, something that is mainly due to the increase in sales of unmanned aerial vehicles to Israel.
“Since the beginning of hostilities, Elbit Systems has experienced a substantial increase in demand for its products and solutions from the Israeli Ministry of Defense compared to pre-war demand levels,” the document highlights.
In another report published last March and addressed to its investors, the company boasted of the “support” offered to the Israel Defense Forces in the attacks on Gaza. He did so alongside an image showing the missiles manufactured at its Haifa plant.
Contracts in Spain
This company is among the main Israeli contractors of the Spanish Ministry of Defense. According to data obtained by Public through the State Procurement Portalin 2024 it achieved various public awards in Madrid for an amount greater than six million euros.
In a letter sent a few weeks ago to the Minister of Social Rights, Pablo Bustinduy (Sumar), the Minister of Defense, Margaret Robles He assured that “no weapons have been sold or acquired to the State of Israel since October 7,” although he admitted that there were contracts in force with companies for spare parts for military material of Israeli origin, among which is Elbit Systems.
Robles has refused to break relations with this company, as different political forces in Congress have proposed, despite know their role in the supply of weapons which is used for the massacres of civilians in the Gaza Strip.
“Anti-Israel attacks”
In the report on the evolution of its accounts in the third quarter of 2024, Elbit Systems acknowledges that there have been problems in the supply chain “due to limitations on exports to Israel”, “increased transportation costs” or “attacks by anti-Israel organizations”an aspect on which he avoids offering more details.
The company also reveals that it has taken “a series of measures” to “protect the security and protection of your employees in Israel and abroad” as well as to “mitigate disruptions” in the supply chain and “maintain business continuity.”
Just this week, Elbit Systems announced that it had secured contracts totaling approximately $335 million for “supply defense systems to a European country“, whose name he preferred not to reveal. The commercial operation includes the supply of rocket launchers and rockets, as well as unmanned aircraft systems.
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