Elbit reports revenues for second quarter

Defence electronics company Elbit Systems has revealed that company revenues in the second quarter of 2010 were $603.3m (£385.9m), compared with $728.3m in the second quarter of 2009.

Gross profit amounted to $183.6m, which was 30.4 per cent of revenues, compared with $211.9m, or 29.1 per cent of revenues, in the second quarter of 2009.