A drop in demand for commercial aviation goods and services has affected Elbit, which in recent years was outperforming the Nasdaq
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)
A proliferation of flights between the two countries is linked to the renewal of the fighting between Armenia and Azerbaijan in the disputed Nagorno-Karabakh region
'Ofek 16,' which Israel said would provide high-quality surveillance for its military intelligence, was launched at 4 A.M. and has begun its orbit in space
Israel's Health Ministry says the country has around 3,500 ventilators, or roughly one for every 2,500 citizens
The clues lie in the Defense Ministry’s uncharacteristic optimism
Set to be ready for use within a year and a half, new system would reduce the use of more costly Iron Dome
The three-year contract to supply vehicle—mounted weapons systems costs nearly half of the small NATO state's military expenditure per year
Joe Lieberman's New Job: Advising Israel Aerospace Industries How to Promote Their Interest in Washington
Unable to sell to China or the Arab world, Israeli companies are buying and lobbying their way into expanded activities in the U.S.
Elbit’s Seagull hunts down submarines and mines with nary a sailor on board
From what was thought of as some sci-fi fantasy, drones have rapidly become a weapon of choice in the Middle East. While the Israeli military is underprepared, one official says a 'drone swarm' attack may be 'right around the corner'
More than nine years since it was given the cold shoulder by the Defense Ministry, justice has been done for Iron Fist, to be manufactured by Elbit Systems
The state-owned defense company is cutting costs and is even shunning a marquis army contract for fear it would lose money
Israeli defense company is in pact to buy Harris Corporation’s Virginia-based night-vision technology subsidiary
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.