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Business/Financial

Elbit America Completes $350 Million Acquisition Of Harris’ Night Vision Business

By Matthew Beinart

Monday, September 16th, 2019

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Elbit America Completes $350 Million Acquisition Of Harris’ Night Vision Business

Elbit Systems of America has finalized its $350 million acquisition of Harris Corp.’s night vision business, with the company looking for the partnership to enhance offerings for future F-35 helmet-mounted displays (HMD) and opportunities with the Army’s Next-Generation Combat Vehicle and Future Vertical Lift program. CEO Ranaan Horowitz and Erik Fox, vice president of the night vision business, told reporters Monday the deal will look to expand Elbit America’s defense portfolio by bringing together Harris’ image-intensifying technology together with its…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]