Sign In
Search
Business/Financial

Elbit Receives Approvals From Israel Government In Deal For IMI Systems

Cal Biesecker By
SHARE:
Elbit Receives Approvals From Israel Government In Deal For IMI Systems

Israel’s Elbit Systems [ESLT] on Tuesday said it has reached agreement with the Israeli government for the tender of state shares related to the company’s pending $495 million acquisition of IMI Systems Ltd., which is also based in Israel.Elbit said completion of the deal is still subject to further government approvals, including by Israel’s antitrust authority.In addition to the agreed purchase price, the acquisition includes an additional payment of about $27 million based on IMI meeting certain performance goals.“IMI Systems…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Davie Defense Completes Acquisition Of Texas-Based Shipyards

Business/Financial

AeroVironment Swings To Loss In Second Quarter As Sales Soar

Business/Financial

Saronic Invests $300 Million To Add Production Capacity To Louisiana Shipyard

Business/Financial

FTC Requires Boeing To Divest Certain Spirit Assets To Win Deal Approval

Trending

AFRL Seeking Innovations For C-sUAS “Kill Chain And Point Defense”
GD Has Delivered First M1E3 Abrams Tank Prototype, Army Chief Says
House Passes $900.6 Billion FY ‘26 NDAA, Bill Now Heads To Senate
Lawmakers Back New Army Multi-Year Deal For Black Hawks In Final FY ’26 NDAA
U.S. Space Force Considering Upgrades for Three Electromagnetic Warfare Systems

Contract Updates

CORRECTION: The contract announced on Sept. 29 2025 (for A-GAS US Inc., Bowling Green) – $31,442,629

CORRECTION: The contract announced on Sept. 29, 2025, for A-GAS US Inc., Bowling Green, Ohio (SPE4A7-25-D-0386) for $31,442,629 was not awarded.  

UPDATE: Somo Lens LLC (Santa Fe Springs, California (SPE2DF-26-D-0004) – $37,500,000)

UPDATE: Somo Lens LLC,* Santa Fe Springs, California (SPE2DF-26-D-0004, $37,500,000) has been added as an awardee to the multiple award contract for optical lens program for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DE-24-R-0002 and awarded on May…

UPDATE: Hologic Sales and Service LLC (Marlborough, Massachusetts (SPE2D1-26-D-0005) – $95,000,000),

UPDATE: Hologic Sales and Service LLC, Marlborough, Massachusetts (SPE2D1-26-D-0005, $95,000,000), has been added as an awardee to the multiple award contract for medical equipment and accessories for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DH-21-R-0002 and awarded Feb.…

Vertex Aerospace LLC (Madison, Mississippi) – $

Vertex Aerospace LLC, Madison, Mississippi, was awarded an undefinitized contract action with a not-to-exceed price of $ 20,995,905 for F-16 Systems Program Office Foreign Military Sales (FMS) support. This contract action involves FMS support for contractor logistics support (CLS) for…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume