Elbit Systems awarded European contract worth $280 million
April 03, 2023
Israeli Elbit Systems has been awarded a contract to supply, among others, precision munitions, radio and defense electronics systems as well as maintenance services to a European Country, with a cumulative value of approximately USD 280 million.
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Elbit Systems awarded contract to develop advanced night vision sensor
September 12, 2022
Elbit Systems' US subsidiary, Elbit Systems of America, has been awarded a USD 10 million contract by SOSSEC, Inc. to begin phase II of the development of an Advanced Low Light Level Sensor (ALLLS).
Elbit Systems awarded contract to provide EW solution
June 28, 2022
Elbit Systems announces that it has been awarded an approximately $70 million contract to supply an Electronic Warfare (EW) solution to an international customer.
Elbit sells its Power and Control business in the UK
January 10, 2022
Elbit Systems says that its UK subsidiary, Elbit Systems UK, has sold the Power and Control Business of its subsidiary Ferranti Technologies, to TT Electronics for approximately USD 12 million in cash.
Elbit Systems awarded $103M airborne electronic warfare contract
April 27, 2020
The company says it has been awarded a contract valued at approximately USD 103 million to supply comprehensive Electronic Warfare (EW) suites for an Air Force of an Asian country.
Elbit America's night vision business receives $23M order
October 04, 2019
Elbit Systems' U.S. subsidiary, Elbit Systems of America, has been awarded a delivery order valued at approximately USD 23 million for the supply of systems and various spare components to the U.S. Marine Corps.
Harris and L3 merger to close by the end of the month
June 24, 2019
Harris Corporation and L3 Technologies says they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019.
Lockheed Martin inks contracts with more F-35 suppliers
April 22, 2019
Lockheed Martin has transitioned additional F-35 suppliers to longer term Performance Based Logistics contracts and Master Repair Agreements to enhance supply availability and reduce sustainment costs.
Harris Corp. sells night vision business to Elbit
April 08, 2019
Elbit Systems Ltd. has signed a definitive agreement to purchase Harris’ Night Vision business for USD 350 million in cash. The transaction is contingent upon completion of Harris’ previously announced proposed merger with L3 Technologies Inc.
Elbit Systems awarded $112 million contract
December 03, 2018
Elbit Systems has been awarded a USD 112 million contract to supply a country in Asia-Pacific with advanced airborne intelligence systems. The contract will be performed over a six-year period.
IMI Systems now part of Elbit Systems
November 26, 2018
Elbit Systems Ltd. has completed the acquisition of IMI Systems Ltd. for a purchase price of approximately USD 495 million, with an additional payment of approximately USD 27 million contingent upon IMI meeting agreed performance goals.
RUAG and Elbit sign MOU to form JV in Switzerland
November 21, 2018
RUAG and Elbit Systems announces that they have signed a Memorandum of Understanding (MOU) to form a Joint Venture Company (JVC).
Elbit to provide maritime UAS to the EU Maritime Safety Agency
November 01, 2018
Elbit Systems has been awarded a framework contract to provide maritime Unmanned Aircraft System (UAS) patrol services to be provided by the European Maritime Safety Agency (EMSA) to countries in the European Union.
Elbit awarded $17M contract to supply electronic warfare systems
June 21, 2018
Elbit Systems has been awarded an approximately USD 17 million contract from a European country to supply a range of advanced ground-based Electronic Warfare (EW) and Signal Intelligence (SIGINT) systems. The contract will be performed over a two-year period.
Approvals reached in Elbit's acquisition of IMI Systems
June 19, 2018
The agreements reached between Elbit Systems and the Israeli Government for the acquisition of IMI Systems Ltd. ("IMI"), were approved by the Committee for the Tender of the Sale of State Shares and by the Board of Directors of the Company.
Elbit completes acquisition of Universal Avionics
April 11, 2018
Israeli Elbit Systems announces that it has completed the acquisition of the assets and operations of the privately-owned U.S. company ,Universal Avionics Systems Corporation, for of approximately USD 120 million.
Global arms industry: USA remains dominant despite decline
December 16, 2016
Sales of arms and military services by the largest arms-producing and military services companies – the SIPRI Top 100 – totalled USD 370.7 billion in 2015 according to SIPRI.
Kraken to supply sonar system to Israeli defence contractor
February 23, 2016
Kraken Sonar's subsidiary, Kraken Sonar Systems Inc. will supply its Katfish towed sonar system to Elbit Systems Ltd., a defence contractor based in Israel.
Elbit Systems awarded Israeli Ministry of Defense contract
December 28, 2015
Elbit Systems has been awarded a contract by the Directorate of Production and Procurement of the Israeli Ministry of Defense (IMOD) valued at approximately USD 70 million for the supply of Electronic Warfare (EW) systems.
Elbit Systems awarded a $78 million contract
September 07, 2015
Elbit Systems has been awarded a contract from a European country to supply an Unmanned Aircraft System (UAS)-based cutting-edge intelligence solution.
Elbit to produce parts for civil aircrafts in Georgia
April 03, 2015
A plant will be built in Tbilisi to produce parts for civil aircraft. This 85 million USD project will be implemented jointly by the Ministry of Economy of Georgia, the Partnership Fund, and manufacturer Elbit.
Fineline partners with Viasystems
May 07, 2014
Fineline Global has entered into an agreement with the Viasystems family of companies to become a key Viasystems' European Representative.
Freescale collaborates with Avionics manufacturers
September 15, 2011
Freescale Semiconductor has formed a working group with North American and European commercial avionics manufacturers to define their information requirements for advanced Freescale multicore processors being used in commercial avionics applications.
Poland picks Israeli Multi-Sensor Monitoring & Surveillance Systems
December 23, 2010
Haifa (Israel) based Elbit Systems was awarded a contract valued at approximately USD 16 million from the Polish Ministry of National Defense to supply mobile multi-sensor monitoring and surveillance systems for the Polish Army.
UAS Tactical Systems takes order
April 15, 2010
UAS Tactical Systems has won a Thales UK contract worth around $70 million. The company is to provide logistics support services for the Watchkeeper project over the next three years.
New CEO at Baseon
March 17, 2008
Avi Ashkenazi has been appointed CEO of Baseon, part of the Israel based EMS provider Nepcon Group.
Elron post net loss in Q3
November 20, 2007
Israel based Elron Electronic Industries has reported a net loss for the third quarter and for the first nine months of 2007 of $20.0 million, and $16.7 million respectively.
Another quarter of record revenues for Valor
August 13, 2007
Valor Computerized Systems presented revenues in the first six months of 2007 accumulated to $20.9 Million, an increase of 18.7% as compared to $17.6 Million in the first half of 2006.
Elbit receives two contracts
June 18, 2007
Israel based company Elbit System announced that it has been awarded two contracts, in a total amount of approximately $14 million to supply Aviator's Night Vision Imaging System/Head-Up Displays for helicopters of two NATO member countries.
Objet appoints new boss of US subsidiary
August 02, 2006
Israel based Objet Geometries today announced that Frank Marangell has joined the company as the President of its North American subsidiary.
Elbit Vision appoints new US boss
April 06, 2006
Elbit Vision Systems Ltd, a provider of automatic optical inspection and quality monitoring systems, announced the appointment of Mr. Frank Marangell as President of its wholly owned subsidiaries EVS-US, and ScanMaster Systems, to lead all sales, marketing and customer support operations of EVS and ScanMaster in North America.
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