Elbit Imaging

Duke Robotics enters Collaboration Agreement with Elbit Systems Land Ltd. for global marketing and distribution of TIKAD

Retrieved on: 
Thursday, February 4, 2021
Elbit Systems, Companies, Elbit Imaging

Elbit to invest in production lines and further development of TIKAD and pay Duke royalties for a period of fifteen years following USD $50 million in cumulative revenues from sales of TIKAD

Key Points: 
  • Elbit will recoup fifty percent of its investment amount, up to $6 million, by offsetting fifty percent of royalty payments that may be due to Duke.
  • Elbit Systems Land is a subsidiary of Elbit Systems Ltd., an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • We believe that this collaboration represents a significant opportunity for UAS Drone Corp. to expand its global business and sales of its TIKAD product.
  • Duke Robotics developed TIKAD, an advanced robotic system designed to serve the growing need for tech solutions in the combat field.

Foresight Receives Two Orders from Elbit Systems Ltd. for Product Development and Customization

Retrieved on: 
Thursday, July 2, 2020
Other Transport, Technology, Automotive, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Audio, Video, Hardware, Consumer electronics, Elbit Systems, Companies, Stock exchanges, Partner Communications Company, Economy of Israel, Medical imaging, Elbit Imaging, Tel Aviv Stock Exchange, Elron Electronic Industries

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has received two orders for product development and customization from Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (Nasdaq: ESLT), the leading Israeli defense company.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has received two orders for product development and customization from Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (Nasdaq: ESLT), the leading Israeli defense company.
  • Elbit placed the orders for product development and customization following thorough testing and evaluation of a QuadSight prototype system.
  • These orders are part of the commercial agreement that was signed with Elbit Systems, as reported by the Company on June 19th, 2019.
  • These orders mark a significant commercial milestone in both our business roadmap and relationship with our partner Elbit Systems.

Elbit Systems Announces Receipt of Anticipated Notice From NASDAQ Resulting From a Previously Announced Resignation of an Independent Director

Retrieved on: 
Wednesday, June 24, 2020
Companies, Elbit Systems, Business, Medical imaging, Board of directors, Elbit Imaging, Elron Electronic Industries

As a result of the June 17, 2020 resignation by Mr. Moshe Kaplinsky, who was an independent director, the Company's board of directors consists of an equal number of independent and non-independent directors.

Key Points: 
  • As a result of the June 17, 2020 resignation by Mr. Moshe Kaplinsky, who was an independent director, the Company's board of directors consists of an equal number of independent and non-independent directors.
  • The Company is also listed on the Tel Aviv Stock Exchange and the Notice does not affect the Company's status with such listing.
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Elbit Systems Issues a Cash Tender Offer for Ashot's Shares

Retrieved on: 
Tuesday, April 7, 2020
Elbit Systems, Companies, IMI Systems, Ashot Ashkelon, Elbit Imaging, Ares Aeroespacial e Defesa

HAIFA, Israel, April 7, 2020 /PRNewswire/ --Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), has issued a conditional full cash tender offer (the "Tender Offer") to acquire all ordinary shares of the Israeli publicly-traded company, Ashot Ashkelon Industries Ltd. ("Ashot"), held by the public, currently representing approximately 15.02% of Ashot's outstanding share capital.

Key Points: 
  • HAIFA, Israel, April 7, 2020 /PRNewswire/ --Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), has issued a conditional full cash tender offer (the "Tender Offer") to acquire all ordinary shares of the Israeli publicly-traded company, Ashot Ashkelon Industries Ltd. ("Ashot"), held by the public, currently representing approximately 15.02% of Ashot's outstanding share capital.
  • The Tender Offer documents, detailing the terms of the offer, have been filed with the Israeli Securities Authority and the Tel Aviv Stock Exchange.
  • The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Elbit Systems Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2019

Retrieved on: 
Wednesday, March 25, 2020
Elbit Systems, Companies, Trademark, Elbit Imaging

The 2019 Annual Report can be viewed or downloaded at the Company's website at www.elbitsystems.com .

Key Points: 
  • The 2019 Annual Report can be viewed or downloaded at the Company's website at www.elbitsystems.com .
  • In addition, the Company will provide shareholders with a hard copy of the 2019 Annual Report upon request, free of charge.
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Elbit Systems U.S. Subsidiary Awarded a Contract by the U.S. Air Force to Supply Missile Warning Systems

Retrieved on: 
Monday, March 9, 2020
Elbit Systems, Companies, Elbit Imaging, Elron Electronic Industries

HAIFA, Israel, March 9, 2020 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC.

Key Points: 
  • HAIFA, Israel, March 9, 2020 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC.
  • ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period, to equip F-16 aircraft of the U.S. Air National Guard and Air Force Reserve Command, with pylon-based infrared missile warning systems.
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Elbit Systems' U.S. Subsidiary Awarded $85 Million Contract by the U.S. Navy

Retrieved on: 
Thursday, September 26, 2019
Elbit Systems, Companies, Elbit Imaging, Elron Electronic Industries

HAIFA, Israel, Sept. 26, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ELST) ("Elbit Systems") announced today that its subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America"), was awarded a $85 million firm-fixed-priced contract, with no option periods, by the U.S. Navy for the repair of Digital Display Indicator (DDI) systems aboard F/A-18 aircraft.

Key Points: 
  • HAIFA, Israel, Sept. 26, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ELST) ("Elbit Systems") announced today that its subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America"), was awarded a $85 million firm-fixed-priced contract, with no option periods, by the U.S. Navy for the repair of Digital Display Indicator (DDI) systems aboard F/A-18 aircraft.
  • The contract will be performed in Talladega, Alabama over a five-year period.
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Magnetic Resonance Imaging Market to hit US$ 9,200.0 Million by 2026, Closed MRI Segment to Account for Major Industry Share - TMR

Retrieved on: 
Tuesday, September 17, 2019
Companies, Industries, GE Healthcare, Technology, Siemens Healthineers, Philips, Magnetic resonance imaging, Magnetic resonance, Magnetic resonance imaging, Elbit Imaging, Elscint

In the global Magnetic Resonance Imaging Market as well, North America is leading the market.

Key Points: 
  • In the global Magnetic Resonance Imaging Market as well, North America is leading the market.
  • People in this region are highly aware about the benefits of imaging devices, which lead the demand for magnetic resonance imaging.
  • Attributing to these factors, North America is considered a prime location for the growth of magnetic resonance imaging market.
  • In the global magnetic resonance imaging market Siemens Healthcare GmbH, Koninklijke Philips N.V., and GE Healthcare are prominent players in this market.

Elbit Systems UK Subsidiary Awarded $38 Million Contract From the UK MoD to Supply Joint Fires Synthetic Training Systems (JFST)

Retrieved on: 
Tuesday, September 10, 2019
Elbit Systems, Companies, Partner Communications Company, Elbit Imaging, Michael Federmann

HAIFA, Israel, Sept. 10, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT), (TASE: ESLT)("Elbit Systems") announced today that its UKsubsidiary, Elbit Systems UKLtd.,("Elbit Systems UK"), was awarded an approximately $38millioncontract from the UK Ministry of Defence ("UKMoD")to supply comprehensiveJFST systemsto the British Army.TheJFST systemswill be supplied over a period oftwoyears following which Elbit Systems UK will provide an additional fouryears of maintenance, technical support and on-site training.

Key Points: 
  • HAIFA, Israel, Sept. 10, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT), (TASE: ESLT)("Elbit Systems") announced today that its UKsubsidiary, Elbit Systems UKLtd.,("Elbit Systems UK"), was awarded an approximately $38millioncontract from the UK Ministry of Defence ("UKMoD")to supply comprehensiveJFST systemsto the British Army.TheJFST systemswill be supplied over a period oftwoyears following which Elbit Systems UK will provide an additional fouryears of maintenance, technical support and on-site training.
  • Martin Fausset, CEO of Elbit Systems UK,said:"We are proud to have been selected by the UK MoD to supplythe JFST systems,providing a valuable capability for the British Army anddelivering an operationally proven capability into the UK, together with our local partners."
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.

Elbit Systems' U.S. Subsidiary Awarded Contract to Supply Components for the Color HMD System of the CV-22 Aircraft

Retrieved on: 
Monday, August 12, 2019
Elbit Systems, Companies, Helmet-mounted display, Technology, Elbit Imaging, Elron Electronic Industries

HAIFA, Israel, Aug. 12, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ELST) (TASE: ELST)("Elbit Systems") announced today that its subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America") was awarded a contract by the U.S. Navy for the supply of componentsof theColor Helmet Mounted Display System of the CV-22 aircraft.

Key Points: 
  • HAIFA, Israel, Aug. 12, 2019 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ELST) (TASE: ELST)("Elbit Systems") announced today that its subsidiary, Elbit Systems of America LLC, ("Elbit Systems of America") was awarded a contract by the U.S. Navy for the supply of componentsof theColor Helmet Mounted Display System of the CV-22 aircraft.
  • The contract is in an amount that is not material to Elbit Systems and is expected to be completed by October 2020.
  • Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world.
  • Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.