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Major Customer And Geographic Information
12 Months Ended
Dec. 31, 2023
Major Customer And Geographic Information [Abstract]  
Segment Disclosure, Major Customer And Geographic Information SEGMENT DISCLOSURE, MAJOR CUSTOMER AND GEOGRAPHIC INFORMATION
A.    SEGMENT DISCLOSURE:
The Company reports segment information based on a management approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company’s reportable segments.
The Company’s President and Chief Executive Officer is our chief operating decision maker (“CODM”). The CODM assesses the performance of each operating segment using information about revenue and segment operating income that is defined as operating income generated at the segment level, excluding unallocated corporate income or expense and other operating income (expenses), net, such as sale of buildings or shares.
The Company’s CODM does not regularly review assets and liabilities information by reportable segments. Therefore, the Company does not report assets and liabilities information by segment.
The segments are encouraged to cooperate on a range of common projects performed by the Company. It is common for the reportable segments to provide their products to the same customers either through joint projects or by marketing and offering a combined and integrated solution containing a variety of capabilities, products, and technologies of the Company’s portfolio from various businesses or subsidiaries, all tailored to satisfy the customer’s or project’s specific requirements. Intersegment transactions are sales between segments and are eliminated in consolidation.

The following tables present information about the Company’s reported segment revenues and operating income for the periods indicated:
Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
Revenues:
Aerospace
External customers$1,613,137 $1,471,093 $1,281,407 
Intersegment revenue260,144 262,089 301,905 
Total$1,873,281 $1,733,182 $1,583,312 
C4I and Cyber
External customers$668,414 $631,297 $590,095 
Intersegment revenue52,702 47,098 34,601 
Total$721,116 $678,395 $624,696 
ISTAR and EW
External customers$996,927 $882,200 $888,206 
Intersegment revenue182,500 163,449 138,089 
Total$1,179,427 $1,045,649 $1,026,295 
Land
External customers$1,241,023 $1,075,846 $1,028,121 
Intersegment revenue65,174 92,737 88,801 
Total$1,306,197 $1,168,583 $1,116,922 
ESA
External customers$1,455,243 $1,451,113 $1,490,692 
Intersegment revenue9,695 5,559 2,115 
Total$1,464,938 $1,456,672 $1,492,807 
Revenues
Total revenues (external customers and intersegment) for reportable segments$6,544,959 $6,082,481 $5,844,032 
Less -Intersegment revenue(570,215)(570,932)(565,511)
Total consolidated revenues$5,974,744 $5,511,549 $5,278,521 
Note 23 - SEGMENT DISCLOSURE, MAJOR CUSTOMER AND GEOGRAPHIC INFORMATION

A.    SEGMENT DISCLOSURE (Cont.):

The following tables present information about the Company’s reported operating income for the periods indicated:

Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
Operating income:
Aerospace$125,455 $106,760 $129,213 
C4I and Cyber50,653 48,964 44,350 
ISTAR and EW                               134,882 49,120 66,001 
Land                                                      80,610 28,554 35,567 
ESA                                                (4,687)74,978 124,259 
Segment operating income386,913 308,376 399,390 
Unallocated corporate income (expense) (17,805)(9,810)4,458 
Other operating income— 68,918 14,660 
Operating income 369,108 367,484 418,508 
Financial expenses, net(137,827)(51,364)(40,393)
Other income (expenses), net (see note 26)(4,787)(23,562)5,336 
Income before income taxes$226,494 $292,558 $383,451 



Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
Depreciation and amortization by segment:
Aerospace$36,284 $34,353 $35,084 
C4I and Cyber12,551 13,651 16,054 
ISTAR and EW29,001 24,992 23,452 
Land34,747 38,560 41,901 
ESA50,526 46,540 34,962 
Unallocated corporate expenses1,690 3,194 1,638 
Total depreciation and amortization$164,799 $161,290 $153,091 
Note 23 - SEGMENT DISCLOSURE, MAJOR CUSTOMER AND GEOGRAPHIC INFORMATION

A.    SEGMENT DISCLOSURE (Cont.):

REVENUES ARE ATTRIBUTED TO GEOGRAPHIC AREAS BASED ON LOCATION OF THE END CUSTOMERS AS FOLLOWS:
 Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
North America$1,417,742 $1,489,685 $1,608,582 
Asia-Pacific1,263,771 1,405,473 1,443,505 
Israel1,167,228 1,071,945 1,094,662 
Europe1,776,412 1,243,550 884,504 
Latin America120,700 119,860 126,686 
Other228,891 181,036 120,582 
 $5,974,744 $5,511,549 $5,278,521 



B.    MAJOR CUSTOMER DATA AS A PERCENTAGE OF TOTAL REVENUES:
 Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
IMOD16%17%18%
U.S. Government17%19%21%



C.    LONG-LIVED ASSETS BY GEOGRAPHIC AREAS:

The Company's long-lived assets for the year ended December 31, 2023 and 2022, commencing current year presentation, includes property plant and equipment and operating lease right of use assets, as follows:

 Year Ended December 31, 2023Year Ended December 31, 2022
Israel$1,098,074 $968,450 
U.S.307,239 280,687 
Other108,521 105,516 
 $1,513,834 $1,354,653