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    ESLT   IL0010811243

ELBIT SYSTEMS LTD.

(ESLT)
  Report
Delayed Quote. Delayed TEL AVIV STOCK EXCHANGE - 09/19 08:49:17 am
47380 ILa   -0.25%
09/13ELBIT : Awarded $56 Million in Contracts to Supply Underwater Warfare Capabilities to an Asian-Pacific Navy (Form 6-K)
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09/13Tech Stocks Slightly Higher in Premarket Monday
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09/13ELBIT : Tech
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Elbit eyes acquisition opportunities from Raytheon-UTC deal

06/19/2019 | 11:13am EDT

PARIS (Reuters) - Israel-based Elbit Systems on Wednesday said it would keep an eye out for possible acquisitions if the proposed merger of U.S. aerospace companies Raytheon Co and United Technologies Corp triggers certain divestments.

"We could have several opportunities coming from that kind of merger," Ran Kril, executive vice president for International Marketing & Business Development, told Reuters at the Paris Airshow.

Kril said Elbit was committed to expanding in the United States, and would keep a close eye on any possible divestments ordered by U.S. authorities reviewing the proposed merger.

He said Elbit expected to wrap up the purchase of the night vision business of Harris Corp in the autumn. Antitrust authorities had ordered the sale of that business as a condition for approving Harris's merger with L3 Technologies.

"We’ve decided to grow in America and after the Harris acquisition, we will always find opportunities to expand our portfolio and our presence in the U.S.," Kril said.

(Reporting by Andrea Shalal, editing by Deepa Babington)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
ELBIT SYSTEMS LTD. -0.25% 47380 Delayed Quote.12.27%
ONE STOP SYSTEMS, INC. -1.48% 5.32 Delayed Quote.33.00%
VISION INC. -0.14% 1405 End-of-day quote.35.62%
All news about ELBIT SYSTEMS LTD.
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09/01ELBIT : (Registrant) (Form 6-K)
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Analyst Recommendations on ELBIT SYSTEMS LTD.
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Financials (USD)
Sales 2021 5 028 M - -
Net income 2021 318 M - -
Net Debt 2021 755 M - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 6 524 M 6 532 M -
EV / Sales 2021 1,45x
EV / Sales 2022 1,35x
Nbr of Employees 16 676
Free-Float 55,6%
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Managers and Directors
Bezhalel Machlis President & Chief Executive Officer
Joseph Gaspar Chief Financial Officer & Executive Vice President
Michael Federmann Chairman
Yehoshua Yehuda Chief Technology Officer & Executive VP-Strategy
Yuval Ramon Chief Operating Officer & Executive Vice President
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