# Elbit Systems Israel's largest publicly traded defense contractor, making drones, artillery, electro-optics and munitions. It matters to this vault as a holding rather than as a firm: CNN reported on 2026-10-01 that [[Phoenix Holdings]] — whose largest shareholder is [[Jared Kushner]]'s [[Affinity Partners]] — held more than $265M in Elbit, the biggest of nine defense-related positions in a portfolio sitting underneath a sitting U.S. peace envoy. > Status: stub — expand with Elbit's U.S. subsidiary and contracts, its Gaza-war revenue, and the divestment campaigns against it.