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Elbit Systems Ltd. shares fall 1.47% intraday as Nukkleus Inc. enters defense AI market.
ByAinvest
Tuesday, Sep 2, 2025 1:46 pm ET1min read
Elbit Systems Ltd. declined 1.47% in intraday trading. The drop in stock price may be attributed to the news that Nukkleus Inc. has entered the defense AI market with the acquisition of Tiltan Software Engineering Ltd. for $14 million. This acquisition could potentially increase competition in the defense sector, which may have negatively impacted Elbit Systems Ltd.'s stock price.
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