Breaking Down Revenue Trends: Lockheed Martin Corporation vs Elbit Systems Ltd.

Lockheed Martin vs. Elbit Systems: A Decade of Revenue Trends

__timestampElbit Systems Ltd.Lockheed Martin Corporation
Wednesday, January 1, 2014295824800045600000000
Thursday, January 1, 2015310758100046132000000
Friday, January 1, 2016326021900047248000000
Sunday, January 1, 2017337782500051048000000
Monday, January 1, 2018368368400053762000000
Tuesday, January 1, 2019450840000059812000000
Wednesday, January 1, 2020466257200065398000000
Friday, January 1, 2021527852100067044000000
Saturday, January 1, 2022551154900065984000000
Sunday, January 1, 2023597474400067571000000
Monday, January 1, 202471043000000
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Unveiling the hidden dimensions of data

A Tale of Two Defense Giants: Lockheed Martin vs. Elbit Systems

In the competitive world of defense contracting, Lockheed Martin Corporation and Elbit Systems Ltd. have carved out significant niches. Over the past decade, Lockheed Martin has consistently outpaced Elbit Systems in revenue, showcasing a robust growth trajectory. From 2014 to 2023, Lockheed Martin's revenue surged by approximately 48%, reaching a peak of $67.6 billion in 2023. In contrast, Elbit Systems experienced a more modest growth of around 102% over the same period, with revenues climbing to $5.97 billion in 2023.

This comparison highlights the scale and market dominance of Lockheed Martin, which consistently generates over ten times the revenue of Elbit Systems. However, Elbit's steady growth underscores its resilience and potential in the global defense market. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025