Elbit Completes Acquisition of IMI

$495 Million Purchase Enhances Portfolio

Elbit Systems announced on 25 November that it has completed the acquisition of defence systems house IMI Systems Ltd. for a purchase price of approx. $495 million. An additional potential payment of approx. $27 million is contingent upon IMI Meeting agreed performance goals.

“The synergy between the capabilities of the two companies and the global positioning of Elbit Systems will enable us to offer an enhanced portfolio and to realise the potential of the technologies of IMI in the international arena, making this acquisition significant to our long-term growth strategy,” commented Elbit Systems’ President and CEO, Bezhalel Machlis. “Elbit Systems has a proven track record of successfully performing major acquisitions, and I am convinced that this acquisition will be beneficial for Israel’s economy, for both companies’ employees and customers and for our shareholders.

Publish date

12/03/2018

Sign up to our newsletter and stay up to date.

News

Air

C4ISR

Components / Systems

Cyber

Defence Business

Homeland Security

International Security

Land

Latin America (Spanish)

Logistics

Naval

Training & Simulation

Space

Special Forces

Unmanned

Publications

Contact Us

Contact Info

Mönch Verlagsgesellschaft mbH
Christine-Demmer-Straße 7
53474 Bad Neuenahr – Ahrweiler

+49 2641 3703 – 0

+49 2641 3703 – 199

Follow On

X