Israeli defense company is in pact to buy Harris Corporation’s Virginia-based night-vision technology subsidiary
The Haifa-based Elbit Systems Ltd. is one of the world’s largest defense electronics manufacturers. Established in 1967, Elbit develops, manufactures, and integrates advanced defense electronic systems worldwide, and has been an integral part of Israel's Ministry of Defense-Research Institute. Elbit provides a wide range of services which for military aircraft, commercial aviation, naval systems, and homeland security systems.
Elbit operates primarily in the homeland security and defense arena, and has been at the forefront of innovative approaches towards dealing with conflicts and ongoing terrorist activities. Its products include thermal imaging systems, guided missiles and unmanned vehicles.
The company has played an active role in supplying the Israeli military with the technology needed for most Israeli aircrafts like the IAI Lavi fighter aircraft and for the Israeli Merkava tank.
Through the years, Elbit has expanded worldwide and has several companies in the United States, Brazil, and the United Kingdom. More recently, Elbit’s involvement in providing surveillance components for the West Bank separation fence has sparked divestment by some groups and organizations in Europe. (223)
The cannons are expected to improve the effectiveness of the army’s artillery, requiring fewer soldiers to operate them and cutting maintenance costs
Tests on David's Sling in southern Israel lauded by Defense Ministry as 'important milestone in Israel's operational capability to defend itself'
Calling itself a ‘boutique workshop,’ CopterPix Pro has just 20 staff
Britain-based HSBC informed campaigners it has completely liquidated its holdings in Elbit Systems, which 'sells weapons to the Israeli military used in attacks on Palestinians'
The electronics company did not name the country it has signed the deal with, but said the contract will be carried out over the next six years
As part of Elbit's takeover, IMI's operations will be moved and more than 30,000 housing units will be built
Changing security concerns following the dismantling of Islamic State and rising geopolitical tensions have caused European countries to shift defense efforts from far-away conflicts to homeland security
Netanyahu says the deal will 'strengthen the existing ties' between Israel and Croatia
The synergies are clear, but so are the costs and risks, which might explain why the company’s shares fell sharply Monday
Other private arms manufacturers worry that Israel would fail to get a fair price for the company and would harm local companies competing for contracts with the Israel Defense Forces
Elbit Systems will supply an unnamed European country with advanced tactical communications systems.
Finance minister’s remarks come as government committee recommends going ahead with sale of IMI, even with only one bidder.
Sources say IMI is not worth minimum bid of NIS 1.1 billion and that terms give Elbit an advantage, de facto leaving it poised to become a 'military monopoly.'
'Block the Factory' campaigners target plants in Staffordshire and Kent which are owned by Israeli arms company Elbit.
Key executive quits ailing Mega supermarkets;Elbit wins $150m contract from Dutch; Playtech buys Israel’s Ava Trade for $105 million.
Paz posts Q4 loss, higher '14 profit, Adama Q4 loss widens, ICL seeks to expand abroad and TASE hits record.
Protesters reached the roof of one of its buildings and others chained themselves to the fence outside.
Missile system technician Christopher Cramer worked for Elbit's U.S. unit Kollsman.
Israeli-made unmanned aircraft will be used to patrol the skies during the upcoming FIFA World Cup.
Israel's Elbit beats top U.S. defense firms to $145 million deal.
Defense Ministry says they engaged in 'unbridled' competition that played role in Polish deputy defense minster’s resignation.
When the Cowboys host the Giants on Sunday, fans at home will be watching 3-D scenes that turn every player into Keanu Reeves, courtesy of Tel Aviv’s Replay Technologies.
With public spending in many Western countries down, Elbit has turned to emerging markets in South America, as well as South Korea and India.
In eight years, Israel exported $4.6 billion worth of UAVs to countries ranging from Britain to India and Uganda.
'The crisis will come,' warns Yossi Ackerman, on the eve of his retirement.
Demand comes a day after Elbit Imaging's board approved the step.
Video shows Tamuz missile striking window of a building during Second Lebanon War.
In 2009, Norway pension fund also divested from Elbit, which manufactures a monitoring system installed on several parts of the separation fence.