Elbit Systems Poised to Benefit from $3 Billion Hypersonics Funding
Global military spending climbed to a record $2.72 trillion in 2024, marking the steepest annual increase since the Cold War. The U.S. Department of Defense has requested $3.0 billion for hypersonic weapons in its FY2026 budget, with Elbit Systems Ltd. named among five firms positioned to benefit.
1. Record Defense Spending and Hypersonic Investment
Global military outlays reached $2.72 trillion in 2024, the largest annual jump since the Cold War. In its FY2026 request, the U.S. Department of Defense allocated $3.0 billion specifically for hypersonic weapons research and development. Elbit Systems Ltd. saw its shares rise 2.14% as one of five defense contractors highlighted for potential upside from this funding surge.
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