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Search Results for: Elbit

Elbit Systems to Acquire Harris Night Vision Business for $350M; Bezhalel Machlis Quoted

Elbit Systems of America (Nasdaq: ESLT) agreed to acquire the night vision business of Harris Corp. (NYSE: HRS) for approximately $350M. Harris said Friday the transaction is conditioned upon completion of its proposed merger with L3 Technologies (LLL) and customary closing conditions that include a receipt of all regulatory approvals. …

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Oren Gadot Appointed CEO of Incubit Technology Ventures, a Subsidiary of the Elbit Systems Group

Incubit Technology Ventures, a subsidiary of Elbit Systems Group, announced that Oren Gabot was CEO on Thursday. “This year, as we enter Incubit’s seventh franchise year, we will place special emphasis on increasing the financial value of the portfolio companies,” Gadot said. “Incubit signed a strategic cooperation agreement with a …

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Former L3, Elbit Systems Exec Amela Wilson Appointed FLIR Surveillance Division Head

Amela Wilson, former vice president of sensor and fire control solutions at Elbit Systems of America (Nasdaq: ESLT), has been named vice president and general manager of the surveillance division within joined FLIR Systems‘s (Nasdaq: FLIR) government and defense business. Wilson will be based in Washington, D.C., and responsible for …

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Northrop Vet Justin Gans Joins Elbit Systems’ US Arm as Strategy, Corporate Development VP

Justin Gans, formerly director of portfolio development at Northrop Grumman‘s (NYSE: NOC) aerospace sector, has been named vice president of strategy and corporate development at Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary. Raanan Horowitz, president and CEO at Elbit Systems of America, said in a statement published Tuesday Gans will help expand the company’s …

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Elbit Systems Gets Govt Clearances for Universal Avionics Acquisition

Elbit Systems (Nasdaq: ESLT) has secured the necessary government clearances to acquire Tucson, Arizona-based Universal Avionics Systems Corp. through an asset acquisition transaction. Israel-based Elbit Systems said Thursday it expects to complete the purchase in the “coming weeks.” Universal Avionics manufactures avionics systems for military and commercial helicopters, transport planes and turboprop aircraft. …

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Ted Fordyce Named Washington Operations VP at Elbit Systems’ US Arm

Ted Fordyce, vice president of government relations at Elbit Systems’ (Nasdaq: ESLT) U.S. arm, has assumed the additional role of VP for the subsidiary’s Washington operations. Fordyce will serve as Elbit Systems of America’s liaison to the White House, Congress and federal agencies such as the departments of Homeland Security and …

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Textron Vet Brian Sinkiewicz Joins Elbit Systems’ US Arm as Airborne Solutions SVP

Brian Sinkiewicz, former senior vice president and general manager of Textron Systems‘  (NYSE: TXT) weapon and sensor systems business, has been named SVP of airborne solutions at Elbit Systems‘ U.S. subsidiary. He will oversee performance, customer engagement and growth efforts for Elbit Systems of America‘s portfolio of airborne products designed for U.S. and international defense …

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Elbit System to Supply African Country With Defense Electronic Systems Under $240M Contract

Elbit Systems (Nasdaq: ESLT) has received a two-year, $240 million contract from an unnamed African country to provide directed infrared countermeasure systems that work to defend aircraft against shoulder-fired missiles. The company said Tuesday it will also supply the customer with missile warning, radio, communications and small unmanned aerial systems under the contract. Contract …

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Lockheed-Elbit Team Eyes UK Navy Program for EW Modernization

TYSONS CORNER, VA, Sept. 15, 2017 — Lockheed Martin (NYSE: LMT) will collaborate with Elbit Systems to build a maritime electronic warfare technology in pursuit of a British navy contract for EW modernization, ExecutiveBiz reported Thursday. The companies’ U.K. business operations entered into the strategic teaming agreement for the Maritime …

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Elbit Systems Secures $93M F-5 Aircraft Upgrade Contract From APAC Customer

Elbit Systems has received a potential three-year, $93 million contract to modernize a fleet of F-5 fighter aircraft for an undisclosed Asia-Pacific country. The company said Tuesday the upgrade will cover head-up displays, advanced cockpit, radars, DASH IV head mounted systems and weapon delivery and navigation systems. Yoram Shmuely, general manager of …

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