Haifa, Israel, March 22, 2018 – Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems”) announced today that it is in the process of completing the acquisition of the privately-owned U.S. company Universal Avionics Systems Corporation through an asset acquisition agreement. The parties received the necessary government approvals for the transaction. The closing of the transaction is anticipated to occur in the coming weeks.
Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.
Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.
Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of September 30, 2024 approximately $1.7 billion in revenues and an order backlog of approximately $22.1 billion.
For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.
Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Daniella L. Finn, VP Investor Relations
Tel: +972 54 4262636
daniella.finn@elbitsystems.com
Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com