RTX Corporation or Elbit Systems Ltd.: Who Leads in Yearly Revenue?

RTX vs. Elbit: A Decade of Revenue Rivalry

__timestampElbit Systems Ltd.RTX Corporation
Wednesday, January 1, 2014295824800065100000000
Thursday, January 1, 2015310758100056098000000
Friday, January 1, 2016326021900057244000000
Sunday, January 1, 2017337782500059837000000
Monday, January 1, 2018368368400066501000000
Tuesday, January 1, 2019450840000077046000000
Wednesday, January 1, 2020466257200056587000000
Friday, January 1, 2021527852100064388000000
Saturday, January 1, 2022551154900067074000000
Sunday, January 1, 2023597474400068920000000
Monday, January 1, 202480738000000
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Unleashing insights

A Tale of Two Giants: RTX Corporation vs. Elbit Systems Ltd.

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025