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NewsPress release

Press release

Elbit Systems U.S. subsidiary completes the acquisition of Harris Night Vision business

15/09/2019

Press releaseIssued by Elbit Systems Ltd and published as received — not written by Airframer’s editors.

Elbit Systems Ltd. announced today that its U.S. subsidiary, Elbit Systems of America, LLC, completed the acquisition of the Night Vision business of L3Harris Technologies for a purchase price of $350 million.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "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 U.S. We believe that the completion of this acquisition will be beneficial both for Elbit Systems and for Harris Night Vision's customers and employees."