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Elbit’s M&A Activities Bear Fruit, Contribute To Record Financial Results

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By B.C. Kessner TEL AVIV, Israel--Elbit Systems [ESLT] on Wednesday reported its consolidated results for the third quarter ending Sept. 30 with the company's president and CEO saying recent acquisitions helped generate record revenues, backlog and cash flow. "We are pleased to report another strong quarter of growth, which was based on organic revenue growth of 19 percent and contribution from acquisitions, bringing our overall revenue growth to 38 percent over last year, Joseph Ackerman said. Consolidated revenues for the…

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