Elbit Systems of America Buys Night Vision Business of L3Harris Totaling $350M
WASHINGTON, (BM) – Elbit Systems Ltd. announced today that its U.S. subsidiary, Elbit Systems of America, 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.”
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Source: Elbit Systems