Search Results for: Elbit systems

Elbit earns $1 billion in Q1 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’s $3.68 billion revenue

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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Elbit opens Berlin office

Israeli defense contractor Elbit Systems has opened a Berlin office to help expand its activities in the German market. The office will serve as its technological, industrial, and commercial base in the country. Elbit employs around 12,500 people worldwide, of … Continue reading

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Elbit’s cyber unit opens in Singapore

Cyberbit, a subsidiary of Israel’s Elbit Systems, is opening new offices in Singapore which it sees as an important center for cybersecurity technologies in the Asia Pacific region.  Elbit acquired Cyberbit from Israel’s Nice Sysems in 2015 and it already … Continue reading

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Skies open for Elbit system

The US Federal Aviation Authority (FAA) has issued a new regulation allowing planes to land in difficult vision conditions if the pilot has special accessory systems. The announcement has raised interest in the ClearVision system from Israel’s Elbit.- the first … Continue reading

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New security technology from Elbit

Israel’s Elbit Systems presented its new Emergency Scenarios Virtual Reality (VR) Trainer for emergency response teams at the Homeland Security and Cyber Conference in Tel Aviv. It also unveiled GroundEye, which provides data and high resolution imagery for crises monitoring. … Continue reading

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Flight training systems for the UK

Israel’s Elbit has won a $713 million deal to supply the UK Ministry of Defense with an 18-year training program for its air crew. http://www.globes.co.il/en/article-elbit-jv-wins-713m-uk-flight-training-deal-1001099941

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Elbit launches new incubator

Elbit Systems has inaugurated its Incubit Technology Ventures accelerator at the Beersheva High-Tech Park. Incubit is the first technology incubator in Israel owned by a homegrown Israeli corporation. It has already invested in two ventures and plans more than twenty … Continue reading

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$163 million order for Elbit

Israel’s Elbit Systems has won a $163 million contract from a European country for the supply of defense electronic systems for ground applications. http://www.globes.co.il/en/article-elbit-systems-wins-163m-european-contract-1000928018

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Another Boeing contract for Elbit

Israel’s Elbit Systems unit Cyclone will supply $80 million worth of structural components to Boeing over the next seven years. http://www.globes.co.il/serveen/globes/docview.asp?did=1000756786&fid=1725

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