Elbit Announces Reorganization of Activities to Strengthen Synergy

Elbit Systems announced today that it reorganizes certain business activities in order to strengthen synergies. The reorganization will begin during the coming months and will be completed during 2021.

Activities in the area of Precision Guided Munition (PGM) will be integrated into the strong PGM portfolio of Elbit Systems’ Land Division. The activity of Unmanned Aircraft Systems (UAS) will be integrated under Elbit Systems Aerospace Division recognizing synergies across the military aircraft area. The activities in the areas of Electro-Optical systems and the activities in the areas of Electronic Warfare (EW) and Signal Intelligence will create a synergetic ISTAR & EW Division

Source: Elbit Systems Ltd.
Date: Nov 23, 2020