Tag Archives: Elbit Systems of America

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. …

Four companies have secured other transaction agreements to explore the possibility of creating a single, lightweight, man-portable system for the U.S. Marine Corps to locate, acquire and counter targets. BAE Systems, Elbit Systems of America (Nasdaq: ESLT), Fraser Optics and Northrop Grumman (NYSE: NOC) will examine potential systems for USMC’s Next Generation Handheld Targeting System, …

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 …

Robert Sanders, a more than 20-year aerospace and defense industry veteran, has taken a new role as vice president of Ensco‘s avionics subsidiaries in the U.S. and Canada. Ensco said Tuesday Sanders will lead two businesses that offer avionics engineering products and services to the aerospace sector. He previously worked at Honeywell (NYSE: HON) …

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 …

The U.S. Army has awarded Elbit Systems‘ U.S. subsidiary a one-year, $102 million firm-fixed-price contract to produce fire control systems for the service branch’s mortar and fielding activity. Elbit Systems of America will perform work through Dec. 31, 2017, the Defense Department said Thursday. The Army Contracting Command received one bid for the contract via …

Duncan McNabb, a retired U.S. Air Force general and former commander of the U.S. Transportation Command, has joined the board of directors of Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary. He will join six other outside directors led by Robert Magnus,  chairman of the board at Elbit Systems of America and a retired U.S. Marine Corps …

The U.S. Army has awarded a five-year, $103 million indefinite-delivery/indefinite-quantity contract to Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary for the production of mortar weapon systems. Elbit Systems of America has also received an initial purchase order from the military service, the company said Wednesday. Raanan Horowitz, president and CEO of Elbit Systems of …