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Elbit Systems Awarded Contracts Worth Approximately $335 Million to Supply Defense Systems to a European Country

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HAIFA, Israel, Nov. 18, 2024 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded contracts worth a total amount of approximately $335 million, to supply defense systems to a European country. The contracts include the supply of PULS™ (Precise and Universal Launching Systems) rocket launchers and rockets, as well as Hermes™ 900 Unmanned Aircraft Systems (UAS) equipped with advanced payloads. The contracts will be performed over a period of three years and six months. 

Elbit Systems’ PULS provides a comprehensive and cost-effective solution capable of launching unguided rockets, precision-guided munitions, and missiles with various ranges. The PULS launcher is fully adaptable to existing wheeled and tracked platforms, enabling significant reductions in maintenance and training costs.

The Hermes 900 multi-role MALE UAS is Elbit Systems’ largest unmanned aerial vehicle, designed to perform a wide range of missions, including area dominance and persistent intelligence, surveillance, target acquisition and reconnaissance (ISTAR) across land and maritime domains. Since its first order in 2011, the Hermes 900 has been selected by over 20 customers worldwide.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “We are proud to support our European customer with advanced and versatile defense solutions that enhance operational effectiveness and adaptability. These contracts reflect the global trust in our innovative systems, such as the PULS and Hermes 900, which are designed to meet a broad range of mission requirements. Through our comprehensive portfolio, we remain committed to providing our customers with reliable, technologically advanced tools that address today’s complex defense challenges.”

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of June 30, 2024, approximately $1.6 billion in revenues and an order backlog of approximately $21.1 billion.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact:  

Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel:  +972-77-2946663
kobi.kagan@elbitsystems.com 

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States, among others, including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

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SOURCE Elbit Systems Ltd.

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LexisNexis Risk Solutions Extends Risk Intelligence to Agentic Activity

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AI agents are creating a new class of digital interaction, requiring organisations to distinguish legitimate agent activity from malicious automationKnow Your Agent intelligence helps organisations identify agent activity and fold it into broader risk intelligence used to assess digital interactionsBuilt on the unique scale and connectivity of the LexisNexis® Risk Intelligence Network, Know Your Agent intelligence helps organisations prepare for an agentic future.

UNITED KINGDOM, Nov. 6, 2026 /PRNewswire/ — LexisNexis® Risk Solutions has extended its powerful risk intelligence solutions to help organisations understand and assess a new class of digital actor: AI agents operating on behalf of people and businesses.

For decades, LexisNexis Risk Solutions has helped organisations make risk decisions by connecting identity, device, behavioural, network and transaction intelligence at global scale. As AI agents become another participant in digital interactions, the company is extending that same connected intelligence approach to agentic activity.

Know Your Agent (KYA) intelligence adds a new layer of agentic insights to LexisNexis Risk Solutions’ digital identity and fraud prevention platform. It helps organisations recognise when AI agents are interacting with their digital services and can bring those interactions directly into established risk assessment and decisioning workflows, rather than treating them as an isolated risk problem. Many LexisNexis Risk Solutions customers are already using KYA intelligence in their current risk management decision making.

Analysis of global digital transactions by LexisNexis Risk Solutions shows agentic traffic grew over 750% in the first half of 2026 alone. Rapid growth is expected to continue as more people and organisations adopt agents to undertake everyday tasks such as online shopping.

Because most personal agents today do not self-declare as agents, organisations face an immediate challenge: distinguishing agentic activity from other digital traffic. But this is only the first step. Agent detection alone cannot answer key questions organisations ultimately need to resolve: Who or what is the agent acting for? Has that activity been authorised? Is its behaviour consistent with that authority? And does the wider context of the interaction indicate that it is legitimate? 

That context may also change during a digital journey as control passes between a person and an AI agent, making continuous visibility into the interaction increasingly important. This is where the scale and connectivity of the Risk Intelligence Network becomes essential.

AI-agent activity does not need to be evaluated as an isolated interaction. It can be understood in the context of the identities, devices, networks, behavioural patterns and relationships surrounding digital activity, helping to provide richer context for risk decisions. This connected intelligence approach incorporates agent detection into risk decisions in real time, while aiding in creating a foundation for increasingly sophisticated agent identity and authorisation capabilities as agents, standards and use cases evolve.

Autonomous AI agents have the potential to increase the scale and sophistication of fraud, including authorised push payment fraud and account takeover attacks. Malicious agents can learn dynamically from successes and failures, enabling subsequent attacks to become more tailored and prolific.

For organisations, the decision is not whether an agent is universally trusted but whether a specific agent, acting in a specific context, should be permitted to perform a specific action. Legitimate agents will increasingly participate in digital customer journeys, but the appropriate response will depend on what the agent is attempting to do, the context of the interaction, and the organisation’s own risk policies. KYA intelligence helps organisations bring agentic activity into existing decisioning workflows so they can allow, authenticate, review or reject interactions as appropriate.

“Agentic commerce is moving quickly from experimentation into the mainstream,” said Grayson Clarke, chief commercial officer at LexisNexis Risk Solutions. “Agentic transactions globally more than doubled again in the last quarter, driven primarily by personal agents. Some businesses are enabling agents to transact on consumers’ behalf, while others are restricting their activities, and many are still determining the right approach. We have already seen firsthand how a global financial institution used our detection capabilities to help identify agentic activity and prevent it from executing sensitive transactions.”

LexisNexis Risk Solutions analysed more than 116 billion digital transactions globally in 2025 through its LexisNexis® Digital Identity Network®, giving it a uniquely broad view of how human, automated and increasingly agentic interactions are evolving. The network detected 4.9 billion automated bot attacks during the year, a 59% increase year over year. That scale reflects the role LexisNexis Risk Solutions already plays in helping many of the world’s largest financial institutions, merchants and digital businesses assess risk across digital interactions.

Mike Woodberry, senior vice president of product and analytics at LexisNexis Risk Solutions, added, “Managing risk in the agentic economy will require more than agent detection alone. The real challenge is establishing context: what is acting, who or what it represents, whether it is authorised and what it is attempting to do. Our vision for KYA is to extend established risk intelligence into the agentic economy, helping give organisations the flexibility to apply the appropriate response to each interaction rather than relying on a one-size-fits-all risk assessment.”

Woodberry continued, “Organisations should not have to build a new risk strategy every time digital interactions evolve. Adding a new layer of agentic insights to our established identity and fraud prevention platform helps customers build on the capabilities they already rely on while preparing for the next generation of digital interactions.”

Discover more about how organisations can distinguish between human and agentic traffic.

About LexisNexis Risk Solutions

LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions.

Media Contact:

Mike Normansell
Senior Media Relations Manager
+44 7743899948

Disclaimer

LexisNexis® Risk Solutions products and services provide risk signals, analytics and insights designed to assist customers in making risk-based decisions. Results may vary depending on factors including implementation, data availability, transaction characteristics and customer use. No product or service can detect or prevent all fraudulent, malicious, unauthorized or agentic activity. References to detection, identification, risk assessment or prevention should not be interpreted as a guarantee of outcomes.

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EPG Modular Data Center Marks Topping-Out of Its US$120 Million Malaysia FIZ Factory

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JOHOR BAHRU, Malaysia, Nov. 6, 2026 /PRNewswire/ — EPG Modular Data Center today marked the topping-out of its Malaysia FIZ (Free Industrial Zone) Factory in Senai Airport City (SAC), Johor. The milestone advances development of a manufacturing base closer to customers in Southeast Asia, expanding EPG’s production capabilities and strengthening its ability to respond to customer needs across the region and beyond.

The ceremony featured the raising of the final structural beam, followed by a tour of the facility. Guests included representatives from the Johor State Government, SAC and other government agencies, as well as business partners, customers, financial institutions and investment firms.

Representing an investment of approximately US$120 million, EPG’s FIZ Factory spans 107,450 square meters, including 70,000 square meters of production space. Scheduled for completion in the first quarter of 2027, the facility is projected to rank among the largest single-site data center module manufacturing bases in the modular data center (MDC) sector by production capacity. Once fully operational, it is expected to employ more than 800 people locally.

The factory’s master plan comprises five buildings for sheet metal production, power transfer unit (PTU) products, diesel generator manufacturing, final assembly, and R&D and office functions. The facility will produce MDC shelters and supporting equipment, including diesel generator sets and PTU power modules.

Designed for flexible, digitally enabled manufacturing, the FIZ Factory will integrate advanced automation equipment, intelligent control systems and automated welding technology. Its production lines are expected to achieve an automation rate of at least 80%, with processes including pretreatment, laser cutting, robotic welding and dust-free coating. Modular line design will accommodate multiple product types and specifications.

Digital platforms for supplier relationship management (SRM), product lifecycle management (PLM), manufacturing execution (MES), quality management (QMS) and warehouse management (WMS) will connect processes across the supply chain, R&D, production, quality and warehousing. Digital twin technology will support production visibility and traceability, while intelligent sensing and real-time alerts will help strengthen workplace and equipment safety.

By consolidating production of MDC shelters and critical power equipment in Malaysia, EPG is building capacity closer to regional customers. The factory is expected to help the company coordinate production and assembly, respond more effectively to project schedules and deliver with greater flexibility.

EPG is also committed to responsible operations at the facility. Its priorities include resource efficiency, waste reduction, environmental protection, employee safety, local talent development and cooperation with Malaysian suppliers and partners. The company will operate in accordance with Malaysian laws and regulations and its ESG management requirements, integrating environmental, social and governance (ESG) principles into its decision-making, compliance and risk management.

“The FIZ Factory marks an important step in bringing EPG’s manufacturing capabilities closer to customers and the markets we serve,” said Alick Wan, EPG’s founder and chairman. “By combining advanced manufacturing with strong local partnerships, we are building a responsive base in Malaysia and a model that can evolve with customer needs in other markets.”

Learn more about EPG Modular Data Center at www.epg-module.com.

Contact: communications@epg-module.com

About EPG

EPG is a prefabricated modular data center infrastructure provider, powered by R&D centers in Singapore, Malaysia, and Shanghai, as well as six advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, it has a workforce of over 1,700 employees, including more than 300 researchers and experienced engineers in its R&D and technical team. Through continuous technological innovation and a scalable delivery system, EPG delivers integrated and efficient data center solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

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SOURCE EPG Global Technology (Shanghai) Co., Ltd.

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TCL CSOT Begins Equipment Move-In at Its t8 Production Line

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GUANGZHOU, China, Nov. 6, 2026 /PRNewswire/ — TCL CSOT’s t8 8.6-generation Inkjet Printing OLED (IJP OLED) production line in Guangzhou had entered the equipment move-in phase on October 31. With core production equipment now moving into the facility, the world’s first 8.6-generation IJP OLED production line has entered the final phase before expected mass production in 2027. The announcement was made at a ceremony attended by TCL CSOT executives and suppliers.

“The move-in of the first piece of core production equipment marks the t8 project’s transition to the equipment installation and commissioning phase,” said Feng Zhang, Senior Vice President of TCL CSOT. “This is one of the most advanced facilities of its kind, and installing the state-of-the-art equipment will be a true test of our ability to work with our partners to expand current technical limits. We look forward to working closely with our partners to take on these challenges as we establish t8 as a new benchmark for safety, quality, and efficiency.”

Representing a major strategic investment in the next generation of display technology, the t8 project will play a key role in driving future display development through IJP OLED. With a total investment of approximately RMB 29.5 billion and a designed monthly processing capacity of approximately 22,500 glass substrates (8.6-generation, approximately 2,290 mm × 2,620 mm), the production line will primarily produce displays for tablets, laptops, and monitors, with scope to expand into flexible and foldable displays. Following the start of construction on September 16, 2025, the main factory structure was topped out in just 226 days. Equipment move-in at t8 marks the project’s entry into the final phase before mass production. The project will now proceed through production line installation, integrated commissioning of power systems, and process validation, with mass production expected in the fourth quarter of 2027.

IJP OLED uses an inkjet printing process to deposit organic light-emitting materials onto glass substrates with greater precision through a process known as on-demand deposition. Compared with traditional vacuum thermal evaporation (VTE), IJP achieves higher material utilization for greener, more efficient production, and is widely recognized as a key technological pathway for next-generation displays.

“From a single drop of ink and a small prototype to our G5.5 line (t12) in Wuhan becoming the world’s first IJP OLED mass production line, and now the move-in at our G8.6 production line in Guangzhou, TCL CSOT has spent the past 13 years bringing IJP OLED from the laboratory to the production line. Equipment move-in at t8 marks the start of the final stretch before mass production,” said Weiran Cao, General Manager of IJP-OLED Middle Platform of TCL CSOT.

As the t8 project progresses towards mass production, TCL CSOT will continue to drive wider adoption of the industry-leading IJP OLED technology and further expand the sizes and applications of its OLED portfolio, delivering advanced displays and improved experiences for customers and end users worldwide.

SOURCE TCL CSOT

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