:

Elbit Systems Completes Acquisition of Elisra

DDN

Friday, April 1st, 2011

SHARE:

Israel's Elbit Systems [ESLT] said it has completed the purchase of the balance of shares of Elisra Electronic Systems held by Elta Systems, which is a subsidiary of Israel Aerospace Industries. Elbit said in February it would acquire the 30 percent of shares in Elisra that it doesn't already own for $67.5 million. Elisra's main product lines include self protection systems for aircraft and combat vessels, electronic and communications intelligence systems for manned aircraft and unmanned aircraft systems, data links,…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]