The announcement of the Iron Beam project, expected to be operational by Nov. 2025, has led to a 15% increase in Elbit Systems' stock. The company's substantial order backlog of $21.1 billion suggests strong future revenue, potentially reaching $7 billion in 2025. Despite these positive indicators, the stock remains undervalued compared to its peers, trading at lower multiples. This combination of factors suggests a positive short-term impact on the stock price.