Elbit Systems is an Israeli defense electronics company founded in 1966, evolving from a small startup to a global leader in airborne, land, and naval systems through strategic mergers, acquisitions, and technological innovations. Its journey includes landmark contracts, financial milestones, and expansions into international markets.
Elbit Computers is founded in Haifa, Israel, as a spin-off from the Ministry of Defense, focusing on defense electronics and computing. #defense #electronics
Elbit delivers its first tactical computer to the Israel Defense Forces (IDF), marking its entry into military computing. #military #technology
Elbit develops its first head-up display (HUD) for fighter aircraft, becoming a pioneer in avionics. #aviation #defense
Elbit goes public on the Tel Aviv Stock Exchange (TASE), raising capital for expansion. #finance #IPO
Elbit spins off its medical imaging division, later known as Elbit Imaging, focusing on diagnostic systems. #medical #technology
Elbit acquires Orbitronics, a defense electronics firm, expanding its capabilities in communications and EW. #mergers #acquisitions
Elbit signs a contract with the South African Air Force for avionics upgrades, marking its first major export deal. #exports #defense
Elbit develops advanced night vision systems for attack helicopters, enhancing night combat capabilities. #nightvision #military
Elbit establishes a subsidiary in the United States, Elbit Systems of America, to pursue North American contracts. #expansion #USA
Elbit enters the UAV market with the Hermes 450, a tactical unmanned aerial vehicle. #UAV #drones
Elbit acquires the Elta radar division from Israel Aerospace Industries, bolstering its radar and electronic warfare capabilities. #radar #acquisition
Elbit merges with Elop (Electro-Optics Industries Ltd.), forming a powerhouse in electro-optics and defense. #merger #optoelectronics
The company reorganizes and changes its name to Elbit Systems Ltd., unifying its subsidiaries under one brand. #corporate #restructuring
Elbit acquires Tadiran Communications, a leading control and communications firm, expanding its C4ISR portfolio. #communications #C4ISR
Elbit launches the Hermes 1500, a long-endurance high-altitude UAV, for reconnaissance missions. #UAV #Hermes
Elbit acquires EFW, an Israeli defense electronics firm, further strengthening its electronic warfare capabilities. #acquisition #defense
Elbit's systems, including Hermes UAVs and night vision, are extensively used by the IDF during the Second Lebanon War. #military #conflict
Elbit acquires the military contracting unit of Solel Boneh, adding infrastructure and fortification capabilities. #infrastructure #acquisition
Elbit acquires Mikro-Tek (simulation) and MTL Systems (avionics), expanding into training and simulation. #simulation #training
Elbit provides key components for the Iron Dome missile defense system, including the radar and command systems. #defense #technology
Elbit acquires Israel Military Industries' small arms division (later IWI), entering the small arms market. #smallarms #acquisition
Elbit Systems reports annual revenues exceeding $3 billion for the first time, driven by international sales. #financial #growth
Elbit acquires Nitek (electronics) and C4I Inc. (US-based C4ISR), expanding its presence in the US market. #USmarket #acquisition
Elbit unveils the Hermes 450 StarLiner, a UAV with satellite communication capabilities for extended range. #UAV #satellite
Elbit Systems of America acquires Sparton Corporation, a US-based defense electronics manufacturer, for $285 million. #acquisition #USA
Elbit completes the acquisition of Israel Military Industries (IMI), absorbing its missile, rocket, and small arms production. #defense #acquisition
Elbit Systems reports record revenues of $4.2 billion for the fiscal year 2018, with a strong order backlog. #financial #milestone
Elbit acquires FlightSafety's military simulation business for over $200 million, expanding its training portfolio. #simulation #training
Elbit Systems lists its shares on the Nasdaq stock exchange, providing access to US capital markets. #IPO #Nasdaq
Elbit partners with Lockheed Martin to compete for the US Army's Enhanced Night Vision Goggle (ENVG) contract. #partnership #nightvision
Elbit acquires Raytheon's electronic warfare (EW) business for $175 million, strengthening its EW capabilities. #EW #acquisition
Elbit's IWI subsidiary wins a contract to supply parts for the US Army's Next Generation Squad Weapon (NGSW). #smallarms #contract
Elbit Systems reports annual revenues of $5.5 billion, driven by increased global defense spending and organic growth. #financial #growth
Elbit wins a $400 million contract to supply advanced avionics for Brazil's IAC (Infantry Automatic Cannon) program. #international #contract
Elbit introduces a new electronic warfare suite capable of AI-driven threat detection and response. #AI #EW
Elbit acquires CAE's defense simulation business for $1.2 billion, becoming a global leader in training and simulation. #simulation #acquisition
Elbit Systems reports a record order backlog of $18 billion, reflecting strong demand for its defense products. #financial #backlog
Elbit and IAI announce a strategic partnership to develop unmanned aerial systems for international customers. #partnership #drones
Elbit opens a new manufacturing plant in Texas, USA, to support growing US and NATO contracts. #expansion #manufacturing