Author: Jane Edwards|| Date Published: March 22, 2018
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 Thursdayit expects to complete the purchase in the “coming weeks.”
Universal Avionics manufactures avionics systems for military and commercial helicopters, transport planes and turboprop aircraft.
The Israeli contractor’s U.S. subsidiary Elbit Systems of America offers defense, homeland security, public safety communications, medical instrumentation and aviation products and services.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
Elbit Systems (Nasdaq: ESLT) has secured the necessary government clearances to acquire Tucson, Arizona-based Universal Avionics Systems Corp. through an asset acquisition transaction.
