Elbit Systems Ltd. (ESLT) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to LB Systems' fourth quarter 2025 results conference call. All participants are at present in listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answer session. As a reminder, this conference is being recorded. I would now like to hand over the call to Daniela Fein, LB Systems VP, Investor Relations. Daniela, please go ahead. Thank you, Operator. Hello, everyone, and welcome to our fourth quarter 2025 earnings call. On the call we see today are Gusti Maslic, President and CEO, and Toby Cagan, CFO, and myself, Daniela Finn, VP, Investor Relations. Earlier today, we held an investor conference at the Tel Aviv Stock Exchange. A full recording of the event is available in the Investor Relations section of our website at www.investorrelations.com. Before I begin, I would like to point out that the safe harbor statement in the company's press release issued earlier today also refers to the contents of this conference call. I would like to remind all listeners that the conference call today may contain forward-looking statements regarding the company and its subsidiary systems. Actual future results may differ materially from those forward-looking statements. As usual, we will provide you with both GAAP financial data as well as certain supplemental non-GAAP information. We believe that this non-GAAP information provides additional transparency to better understand the performance of the ongoing business. You can find all the detailed GAAP financial data as well as the non-GAAP information and the reconciliation in today's spectrum. Kobi will begin by discussing the financial results, followed by Busby, who will elaborate on the main events during the quarter and beyond. We will t...