__timestamp | Elbit Systems Ltd. | RTX Corporation |
---|---|---|
Wednesday, January 1, 2014 | 2958248000 | 65100000000 |
Thursday, January 1, 2015 | 3107581000 | 56098000000 |
Friday, January 1, 2016 | 3260219000 | 57244000000 |
Sunday, January 1, 2017 | 3377825000 | 59837000000 |
Monday, January 1, 2018 | 3683684000 | 66501000000 |
Tuesday, January 1, 2019 | 4508400000 | 77046000000 |
Wednesday, January 1, 2020 | 4662572000 | 56587000000 |
Friday, January 1, 2021 | 5278521000 | 64388000000 |
Saturday, January 1, 2022 | 5511549000 | 67074000000 |
Sunday, January 1, 2023 | 5974744000 | 68920000000 |
Monday, January 1, 2024 | 80738000000 |
Unleashing insights
In the competitive landscape of the defense and aerospace industry, RTX Corporation and Elbit Systems Ltd. have emerged as formidable players. Over the past decade, RTX Corporation has consistently outpaced Elbit Systems in annual revenue, boasting figures that are approximately 10 times higher. In 2023, RTX's revenue reached an impressive $68.92 billion, while Elbit Systems reported $5.97 billion. This trend highlights RTX's dominant market position, driven by its expansive product portfolio and global reach.
However, Elbit Systems has shown remarkable growth, with a 102% increase in revenue from 2014 to 2023. This growth trajectory underscores its strategic focus on innovation and niche markets. As we look to the future, the question remains: Can Elbit Systems continue its upward momentum and close the gap with RTX? Stay tuned as these industry titans continue to shape the future of defense and aerospace.
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