Elbit in $512 Million Follow-On Offering

Cleary Gottlieb is representing Elbit Systems Ltd. (Elbit) in an SEC-registered public offering of approximately $512 million of its ordinary shares.

The underwriters have the right to purchase 204,817 additional ordinary shares as part of their option.

BofA Securities, J.P. Morgan, Jefferies, and Morgan Stanley are acting as joint bookrunning managers for the offering.

The offering priced on May 21, 2025, and is expected to close on May 23, 2025, subject to customary closing conditions.

Elbit is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit develops, manufactures, integrates, and sustains a range of next-generation solutions across multiple domains.