Elbit Systems Reorganizes Certain Business Activities to Strengthen Synergy

Haifa, Israel, November 22, 2020 – Elbit Systems announced today that it reorganizes certain business activities in order to strengthen synergies. The reorganization will begin during the coming months and will be completed during 2021.

Activities in the area of Precision Guided Munition (PGM) will be integrated into the strong PGM portfolio of Elbit Systems’ Land Division. The activity of Unmanned Aircraft Systems (UAS) will be integrated under Elbit Systems Aerospace Division recognizing synergies across the military aircraft area. The activities in the areas of Electro-Optical systems and the activities in the areas of Electronic Warfare (EW) and Signal Intelligence will create a synergetic ISTAR & EW Division.

 

About Elbit Systems

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.

Company Contact: 

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