Search Results for: Elbit

Elbit gets NIS 1.5 billion contract

Posted on September 1, 2024

Israel’s Defense Ministry has awarded Israel’s Elbit Systems a 10-year, 1.5 billion contract to build and operate a state-of-the-art munitions factory. Its strategic aim is to give Israel military autonomy in the face of slowdowns and stoppages of arms exports … Continue reading →

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$260 million order for Elbit

Posted on June 9, 2024

Another (undisclosed) international company has recognized Israel’s dominance in the defense technology industry with a two-year, $260 million purchase order for systems from Israel’s Elbit. In 2023, Elbit earned revenues of approximately $6 billion and now has an order backlog … Continue reading →

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Elbit buys British Aerospace unit

Posted on May 18, 2021

Israel’s Elbit has acquired Jerusalem-based Rokar International Ltd from the U.S. headquartered subsidiary of BAE (British Aerospace) Systems plc – for approximately $31 million. https://elbitsystems.com/pr-new/elbit-systems-acquires-bae-systems-rokar/

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Elbit makes ventilators

Posted on April 19, 2020

Israeli defense electronics firm Elbit Systems has repurposed assembly lines to manufacture thousands of automatic ventilation machines. It expects initially to produce around 300 machines per week, enabling medical centers to provide care to patients suffering from less severe respiratory … Continue reading →

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Elbit launches nanosatellite

Posted on December 29, 2019

Israel’s Elbit Systems’ NANOVA nanosatellite was launched from the Satish Dhawan Space Centre in Southern India. NANOVA was developed as part of the BIRD foundation initiative and is planned to be a part of a nanosatellite constellation for commercial purposes. … Continue reading →

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Elbit systems to train US pilots

Posted on September 22, 2019

Israel’s Elbit has signed a $500 million contract with the US Air Force. Elbit will supply products, including cockpit displays, for Boeing’s T-X advanced pilot training system, selected by the United States Air Force to replace its old training system. … Continue reading →

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More contracts for Elbit

Posted on June 30, 2019

Israel’s Elbit Systems has won a $73 million contract to supply the German Air Force with aircraft defense systems, Also, Elbit’s subsidiary Cyclone Ltd. was awarded a $50 million contract to supply structural parts from composite materials for an aircraft … Continue reading →

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Elbit earns $1 billion in Q1 2019

Posted on June 2, 2019

Israeli giant Elbit’s revenue for the first quarter of 2019 amounted to just over $1 billion. The company completed the takeover of the Israeli Government’s IMI Systems in November. http://ir.elbitsystems.com/news-releases/news-release-details/elbit-systems-reports-first-quarter-2019-results

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Elbit has vision

Posted on April 14, 2019

Elbit, one of Israel’s largest companies, is acquiring the night vision business of American technology company Harris Corporation for $350 million. The night vision unit generates annual sales of $150 million to $160 million. https://www.calcalistech.com/ctech/articles/0,7340,L-3759889,00.html

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Elbit’s $3.68 billion revenue

Posted on March 24, 2019

Total 2018 earnings for Israeli hi-tech giant Elbit were a massive $3.68 billion – 9% higher than in 2017. Elbit also revealed that it has $9.4 billion worth of orders in the pipeline. http://ir.elbitsystems.com/news-releases/news-release-details/elbit-systems-reports-fourth-quarter-and-full-year-2018-results

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