Acquisition a Significant Contribution to Long-term Growth Strategy

Elbit Systems of America announced on 15 September that it has completed acquisition of the night vision business of L3Harris Technologies at a purchase price of $350 million (€316 million).

“The market position and technological strength of Harris Night Vision make this acquisition significant to our long-term growth strategy, with a particular focus on the US. We believe that the completion of this acquisition will be beneficial both for Elbit Systems and for Harris Night Vision’s customers and employees,” commented President & CEO of parent company Elbit Systems, Bezhalel Machlis.