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Tag Archives: Adi Dar

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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Elbit Systems Creates New Unit to House Intell, Cyber and IT; Bezhalel Machlis Comments

Elbit Systems has created a new division to manage its portfolio of information technology, cybersecurity, intelligence and electro-optical offerings, Defense News reported Monday. Barbara Opall-Rome writes Intelligence and Electro-Optics Elop combines the portfolios from Elbit’s systems land and C4I business and Elop subsidiary. Adi Dar, Elop managing director, was appointed …

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