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Elbit Systems

  
Joseph Ackerman
Joseph Ackerman
President and CEO
  


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Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of programs throughout the world. The Company operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, electronic warfare (EW) suites, airborne warning systems, electronic intelligence systems, data links, military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications. In addition, the Company provides a range of support services. 


Line of Business
Design, Development and Manufacture of Electronic & Electro-optic Systems Primarily for Defense Applications
 
Established 1996
(active since 1966)

Principal Market Environment
The Company operates primarily in the defense and homeland security arenas. The nature of military actions in recent years, including low intensity conflicts and ongoing terrorist activities, has caused a shift in the defense priorities for many of the major customers. As a result the Company believe there is a greater demand in the areas of C4I, as well as intelligence, surveillance and reconnaissance (ISR), including network centric information systems, intelligence gathering systems, border and perimeter security systems, unmanned aircraft systems (UAS), unmanned ground vehicles (UGVs), unmanned surface vessels (USVs), remote controlled systems, space and satellite based defense capabilities and homeland security applications. There is also a growing demand for cost effective logistic support and training and simulation services. The Company believes its systems, products and capabilities position us to meet evolving customer requirements in several of these areas.

Meeting the Challenge of Change

The Company tailors and adapts its technologies, integration skills, market knowledge and battle-proven systems to each customer's individual requirements in both existing and new platforms. By upgrading existing platforms with advanced electronic and electro-optic technologies, the Company provides customers with cost-effective solutions, and its customers are able to improve their technological and operational capabilities within limited defense budgets. The Company has a growing expertise in providing "systems of systems", which enables us to increasingly provide overall solutions to our customers' comprehensive defense and security needs.

Extending the Company's Reach

The worldwide defense market has been characterized in recent years by significant consolidation and merger and acquisition activities. Part of the Company's growth strategy includes our continued activity in mergers and acquisitions both in Israel and internationally. The Company operates as a multi-domestic organization in order to meet the needs of its customers around the world. The Company's structure enables us to benefit from the synergy of the Company's overall capabilities while at the same time focus on local requirements.

Major Subsidiaries

Elbit Systems Electro-Optics Industries Ltd., Elbit Systems of America, LLC, Elbit Systems Land and C4I Ltd., Elisra Electronic Systems Ltd., Elbit Security Systems Ltd., Elbit Systems Cyclone Ltd., Kinetics Ltd., Soltam Systems Ltd.

Research Coverage

Bank Hapoalim, Deutsche Bank, Bank Igud, Clal Finance, HSBC, IBI Ltd., Migdal, Psagot, RBC, UBS.
 
ACCOUNTANTS Ernst & Young Israel - Kost Forer Gabbay & Kasierer
ADDRESS Advanced Technology Center, P.O.B. 539, Haifa 31053  |  TEL 972-4-8316663  |  FAX 972-4-8316944  |  E-MAIL j.gaspar@elbitsystems.com
WEBSITE www.elbitsystems.com
 

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website:  www.elbitsystems.com