| __timestamp | Elbit Systems Ltd. | Westinghouse Air Brake Technologies Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 228011000 | 61886000 |
| Thursday, January 1, 2015 | 243416000 | 71213000 |
| Friday, January 1, 2016 | 255792000 | 71375000 |
| Sunday, January 1, 2017 | 265060000 | 95166000 |
| Monday, January 1, 2018 | 287352000 | 87450000 |
| Tuesday, January 1, 2019 | 331757000 | 209900000 |
| Wednesday, January 1, 2020 | 359745000 | 162100000 |
| Friday, January 1, 2021 | 395087000 | 176000000 |
| Saturday, January 1, 2022 | 435650000 | 209000000 |
| Sunday, January 1, 2023 | 424420000 | 218000000 |
| Monday, January 1, 2024 | 206000000 |
Unlocking the unknown
In the competitive landscape of global industries, strategic investment in research and development (R&D) is a key differentiator. Over the past decade, Elbit Systems Ltd. and Westinghouse Air Brake Technologies Corporation have demonstrated contrasting approaches to R&D spending.
From 2014 to 2023, Elbit Systems Ltd. has steadily increased its R&D expenditure by approximately 86%, reflecting a robust commitment to innovation. This consistent growth underscores the company's strategic focus on maintaining its competitive edge in the defense and aerospace sectors.
Conversely, Westinghouse Air Brake Technologies Corporation has shown a more dynamic pattern, with a notable surge in 2019, where R&D spending nearly tripled compared to 2014. This indicates a strategic pivot towards innovation, particularly in the transportation sector.
Both companies exemplify how strategic R&D investments can drive industry leadership and innovation.
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