Log in to use our free company, program and sector update tracker feature.
 

Front page

Elbit Systems to acquire the assets of BVR Systems (1998) Ltd

Elbit Systems Ltd. (NASDAQ:ESLT) announced today that it signed an agreement for the acquisition of the assets of BVR Systems (1998) Ltd. (OTCBB:BVRSF.OB) for a price of $34 million, subject to accounting adjustments. The closing of the transaction is subject to the fulfillment of certain conditions including receipt of all approvals required by law.

BVR Systems (1998) Ltd. is a leader in the area of development and production of training, simulation and debriefing systems for air, sea and ground forces. Joseph Ackerman, President and CEO of Elbit Systems Ltd. commented: "We welcome BVR's employees to the Elbit Systems family.The acquisition of BVR System's business activities is in line with our long-term strategy of growth through mergers and acquisitions of complementary companies with high synergistic value." Ackerman further added: "BVR Systems is a well-established company with advanced technology products that have proven operational success. The company's capabilities complement Elbit Systems' other training capabilities".

Press release issued by Elbit Systems Ltd on July 20, 2009

 

 Contact details from our directory:
BVR Systems (1998) Ltd. Training, Simulation Systems
Elbit Systems Ltd Thermal Imaging Equipment, Enhanced Vision Systems (EVS), Chemical Milling, Metal Bonding, Filament Winding Service, Forming, Aircraft Structural Components, Moving Maps, Helmet-Mounted Displays (HMD), Electronic Flight Instrument Systems, Laser Radar, FLIR Systems, Cameras (Airborne), Head-Up Displays, Warning Systems/Equipment, Flight Recorders, LCD Displays, Avionics Management Systems, Stores Management Systems, Terrain Awareness and Warning Systems, Terrain Following Radar

 

 Related directory sectors:
Personnel & Training

Enhanced listings:


Capacitec
Capacitec Gapman Gen3 portable “electronic feeler gauge” measures very small gaps (200 microns) in airframe parts assembly

Peli Hardigg UK
Peli-Hardigg is the world’s largest manufacturer of aerospace approved reusable plastic shipping and storage containers, built to last a lifetime.

Sigma ASL Limited
Engineering and manufacturing company with in-house and outsourced operations, AS9100 accredited and fully NADCAP compliant.

Intrinsys
Intrinsys, Dassault Systèmes’ leading UK partner, deliver Product Lifecycle Management (PLM) solutions alongside engineering consultancy services.

Oerlikon Balzers AG
Oerlikon Balzers is one of the world’s leading suppliers of surface technologies

See our advertising tariff.

 

8
data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2018. Terms & Conditions of reading. Privacy policy