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
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)
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.
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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.