Revenue Showdown: Elbit Systems Ltd. vs ITT Inc.

Revenue Showdown: Elbit Systems Ltd. vs ITT Inc.

In the competitive landscape of global defense and technology, Elbit Systems Ltd. and ITT Inc. have been key players. Over the past decade, Elbit Systems has consistently outperformed ITT Inc. in terms of revenue growth. From 2014 to 2023, Elbit Systems' revenue surged by approximately 102%, starting from $2.96 billion and reaching nearly $5.97 billion. In contrast, ITT Inc. experienced a more modest growth of around 24%, with revenues increasing from $2.65 billion to $3.28 billion.

A Decade of Growth

Elbit Systems' strategic expansions and innovations in defense technology have propelled its revenue growth, particularly noticeable in the years 2019 to 2023, where it saw a 32% increase. Meanwhile, ITT Inc. has maintained steady growth, with a notable uptick in 2023, marking its highest revenue year in the decade. This comparison highlights the dynamic shifts and strategic maneuvers within the industry.