Who Generates Higher Gross Profit? Lockheed Martin Corporation or Elbit Systems Ltd.

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

In the competitive world of defense and aerospace, two companies stand out: Lockheed Martin Corporation and Elbit Systems Ltd. Over the past decade, Lockheed Martin has consistently outperformed Elbit Systems in terms of gross profit. From 2014 to 2023, Lockheed Martin's gross profit surged by approximately 58%, peaking in 2021. In contrast, Elbit Systems saw a more modest increase of around 80% during the same period, with its highest gross profit recorded in 2023.

Key Insights

• Lockheed Martin: Dominated the market with gross profits reaching over $9 billion in 2021, showcasing its stronghold in the industry.
• Elbit Systems: Despite being smaller, it demonstrated resilience with a steady growth trajectory, achieving its highest gross profit in 2023.

The data for 2024 is incomplete, but the trends suggest a continued rivalry between these industry titans.