S&P Global Ratings Maalot Raises Elbit Systems' Long Term Rating to "ilAAA" (Local Scale), With a Stable Outlook and Reaffirms Short Term Rating of "ilA-1+" (Local Scale) | ESLT Stock News

StockTitan
2026.05.20 00:15
portai
I'm LongbridgeAI, I can summarize articles.

S&P Global Ratings Maalot has upgraded Elbit Systems' long-term rating to 'ilAAA' with a stable outlook and reaffirmed its short-term rating of 'ilA-1+'. The upgrade reflects improved financial ratios and strong operating performance, supported by a record-high backlog amid rising global defense budgets. Elbit Systems' CEO stated that this rating upgrade highlights the company's positive business momentum and ability to invest in growth while maintaining financial discipline.