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To expand in defense industry, Elbit Systems of America, LLC has announced the completion of the acquisition of Sparton Corporation for approximately USD 380 million. Elbit Systems acquired Sparton from an affiliate of Cerberus Capital Management.

  • The deal resulting in a significant expansion of Elbit Systems of America in the United States.
  • Sparton designs, develops, and produces proprietary products for domestic and foreign defense needs.
  • The company is a world leader in the design, development, testing and production of complex maritime electronic mechanical systems, including sonobuoys in support of Anti-Submarine Warfare

In April 2020, Elbit Systems Ltd. had announced that it was awarded a contract of approximately $103mn to supply comprehensive Electronic Warfare (EW) suites for an Asian country. The EW suites will be used by the Air Force of that country.

• As per contract Elbit will deliver in a three-year period and it also provides a long-term integrated logistic support to the country. Elbit Systems will fit the customer’s helicopters with complete EW suites. The EW suites will provide advance protection to the helicopters as per customer’s requirements.

In March 2020, Elbit Systems Ltd announced that its American subsidiary, Elbit Systems of America, LLC, was awarded approximately $200 million contract for automatic self-propelled howitzer gun systems program.

In January 2020, Elbit Systems Ltd. announced that it was awarded a contract by the Production and Procurement Directorate of the Israeli Ministry of Defense (IMOD) valued at approximately $144 million for the supply of small caliber ammunition to the Israeli Defense Forces.

About Elbit Systems
Elbit Systems, headquartered in Haifa, Israel, is a leading defense electronics company. The company develops a broad range of airborne, land and naval systems and products for defense, homeland security and commercial applications. It provides airborne solutions from a single sensor to an entire cockpit avionics suite. The company specialised in helicopter upgrade programs, like- integrate navigation, advanced electronic, communication, electro-optic and EW systems. The company’s other activity includes- electro-optic and countermeasures systems, land vehicle systems, command, control, communications, computer and intelligence (C4I) systems, and cyber and intelligence systems.

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