Cost Insights: A Comparative Analysis of Boeing and Elbit Systems

In the ever-evolving aerospace and defense industry, understanding cost structures is crucial. This analysis delves into the cost of revenue for two industry giants: The Boeing Company and Elbit Systems Ltd., from 2014 to 2023.

Boeing's Financial Trajectory

Boeing's cost of revenue peaked in 2015 at approximately $82 billion, reflecting a robust period before a gradual decline to around $70 billion by 2023. This represents a 15% decrease over the decade, highlighting the challenges Boeing faced, including the 737 MAX crisis and the COVID-19 pandemic.

Elbit Systems' Steady Growth

Conversely, Elbit Systems exhibited a consistent upward trend, with costs rising from $2.1 billion in 2014 to $4.5 billion in 2023, marking a 111% increase. This growth underscores Elbit's expanding market presence and strategic acquisitions.

The data for 2024 is incomplete, indicating potential future shifts in these trends.