| Business Summary | | Elbit
Systems
Ltd.
develops,
manufactures
and
integrates
advanced,
high-performance
defense
electronics
systems
for
customers
throughout
the
world.
The
Company
focuses
on
upgrade
programs
for
defense
platforms,
including
aircraft
and
armored
vehicles,
often
as
a
prime
contractor.
The
Company
also
focuses
on
designing,
developing,
manufacturing
and
integrating
command,
control
and
communication
(C3)
systems.
Elbit
Systems
upgrades
both
Western
and
former
Eastern
bloc
platforms.
In
addition,
the
Company
also
integrates,
develops
and
manufactures
electronic
systems
and
products.
In
December
1999,
Elbit
Systems
and
El-Op
Electro-Optics
Industries
Ltd.
(El-Op)
signed
a
merger
agreement
under
which
El-Op
will
merge
with,
and
become
a
subsidiary
of,
Elbit
Systems.
The
transaction
was
completed
in
July
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Elbit
Systems
Ltd.
develops,
manufactures
and
integrates
advanced,
high-performance
defense
electronics
systems
for
customers
throughout
the
world,
focusing
on
upgrade
programs
for
defense
platforms,
including
aircraft
and
ground
vehicles.
For
the
six
months
ended
6/30/01,
revenues
rose
65%
to
$351.8
million.
Net
income
rose
46%
to
$21.8
million.
Results
reflect
the
7/5/00
acquisition
of
El-Op,
partially
offset
by
increased
net
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ami Erel, 53 | Chairman | Joseph Ackerman, 51 | Pres,
CEO | Timothy Taylor, 47 | Pres
and CEO of EFW | Israel Farchi, 48 | VP-Fin.,
VP of Sales, CFO | Guy Brill, 48 | VP,
COO & Co-Mang. - C 3 & Battlefield Information Systems Strategic Bus. Unit |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|