Tag Archives: Elbit Systems

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 …

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 …

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 …

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global …

Seven companies have won spots on a potential five-year, $248.5 million contract to provide multiple unmanned aircraft systems to the U.S. Army. The Defense Department said Wednesday contractors will compete for task orders covering long-range reconnaissance surveillance and medium-range mobile UAS; a government-owned tactical open architecture controller system; and spare and repair parts. …

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 (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 …