Sign In
Search
International

Elbit Systems To Acquire BVR Systems For $34 Million

DDN
SHARE:

Israel's Elbit Systems Ltd. [ESLT] recently said it has agreed to acquire another Israeli firm, BVR Systems [BVRSF], a developer of military training, simulation and debriefing systems, for $34 million in cash. Terms of the deal include BVR paying back up to $3 million to Elbit depending on the status of payments BVR is receiving for ongoing projects as well as potential warranty obligations for 18 months after the transaction is concluded. BVR will be required to maintain $1.5 million…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: Abrams Update, SSN-788 Ready, UAS and C-UAS News, FMS Deals

International

Austria In Line For Potential $1.5 Billion Black Hawk Buy

International

State Department Approves Sale Of AMRAAMs To South Korea

Defense Watch

Defense Watch: Budget Progress, Tanker News, AIA Concerns with Bill, VAMPIRE Order

Trending

Trump Leverages Defense Production Act To Boost Munitions Collaboration Within Industry
Space Force Looking Into Architecture For Epoch 3 And Epoch 4
More Than 20 Companies In The Running For CCA, Increment 2, Air Force Says
Proposed Elimination of SDA And Space RCO Faces Opposition
Defense Watch: FORGE, Cloud Contract, Another Super Hornet Lost, AFC/TRADOC Merger Name, TOC-L Protest

Congress Updates

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

Navy/USMC

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said.  Jesse Tolleson, […]

Navy/USMC

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume