Elbit Systems' (Nasdaq: ESLT) U.S. subsidiary has completed its purchase of a night vision business from L3Harris Technologies (NYSE: LHX) for approximately $350M in cash. First announced in April, the divestment was a regulatory requirement associated with the merger between L3 Technologies and Harris.

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. …

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 …

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 …

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 …

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. …

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 …

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 …

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 …

Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to support high-security network services. “We are very proud of this award, reinforcing …