Search Results for: Elbit Systems

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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Elbit Signs $158M Deal for Nice Systems’ Cyber Division; Bezhalel Machlis Comments

Elbit Systems (Nasdaq: ESLT) has signed an agreement for its Cyberbit subsidiary to purchase the cyber and intelligence division of Nice Systems for up to $157.9 million. Elbit said Thursday it will pay $117.9 million in cash upon the transaction’s scheduled closure in the third quarter of 2015 and up to $40 million under an earn-out agreement …

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Ron Jellison to Lead Elbit’s KMC Systems; Raanan Horowitz Comments

Ron Jellison has been promoted to head Elbit Systems of America’s medical equipment manufacturing division. His appointment as vice president and general manager for KMC Systems, which took effect July 1, followed nine years maintaining and building the division’s client base as business development director, Raanan Horowitz, president and CEO …

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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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Lockheed-Elbit Team Eyes Contract on UK Challenger 2 Tank Life Extension Project

TYSONS CORNER, VA, Aug. 12, 2016 — Lockheed Martin (NYSE: LMT) has teamed with Elbit Systems to pursue a contract with the U.K. defense ministry for the update of the Challenger 2 tanks under the British army’s Life Extension Project, ExecutiveBiz reported Thursday. Lockheed said Wednesday the team plans to perform work …

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Elbit Wins $115M Electronic Warfare Contract

An Elbit Systems subsidiary has won a $115 million contract to provide electronic warfare systems to a customer in Asia. Elbit Systems EW and SIGINT – Elisra Ltd. will provide the customer systems for land missions under the two-year contract, the company said Sunday. In December, Elbit Systems of America won …

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Charlie Mathis, EVP & CFO of SAIC, Receives Executive Mosaic’s Chairman’s Award

Jim Garrettson, chief executive officer of Executive Mosaic, presented Charlie Mathis, the chief financial officer and executive vice president for Science Applications International Corp. (SAIC), with the Chairman’s Award for completing his first year as chairman of the CFO Group for Executive Mosaic’s 4×24 program. Mathis brings over 30 years …

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General Dynamics OTS, Partners Advance to ‘Iron Fist Light APS’ Program Phase 2

TYSONS CORNER, VA, December 21, 2018 — A General Dynamics (NYSE: GD) business unit and its partners Elbit Systems and IMI have secured clearance from the Army Requirements Oversight Council to advance their work on an active protection system for the U.S. Army‘s Bradley Fighting Vehicle fleet, ExecutiveBiz reported Thursday. General Dynamics …

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