🟢 Elbit Systems is trading 4.42% up today in pre-market after announcing Serbian drone factory

Elbit Systems is trading 4.42% up at $897.09 after announcing plans to open a Serbian drone factory.

• A September inauguration is planned; Elbit will own 51% and Serbia’s state-owned SDPR will hold 49%.
• Production is expected to include armed and longer-range unmanned systems.
• The facility deepens a previously disclosed $1.63 billion, five-year Serbian defense relationship; broader pre-market support is modest and mixed.