> our title:

Elbit USA Buys UAS Dynamics from GD

> original title:

Elbit Systems of America Purchases UAS Dynamics from Co-owner General Dynamics Armament and Technical Products

(Source: Elbit Systems of America; issued December 1, 2011)


FORT WORTH, Texas --- Elbit Systems of America, LLC, a wholly owned subsidiary of Elbit Systems Ltd., announced today that it purchased from General Dynamics Armament and Technical Products its holdings in UAS Dynamics, LLC, a joint venture established by Elbit Systems of America and GDATP to provide UAS to the U.S. market, thus making Elbit Systems of America the sole owner of UAS Dynamics.

UAS Dynamics will become part of Elbit Systems of America's Unmanned Systems business unit which is responsible for both airborne and seaborne unmanned systems.

Raanan Horowitz, President and CEO of Elbit Systems of America, stated: "The integration of UAS Dynamics with Elbit Systems of America Unmanned Systems business unit will enable us to pursue opportunities associated with unmanned technologies and capabilities across multiple domains and we will continue to look for opportunities to provide the U.S. warfighters with innovative solutions that meet their diverse mission needs."

Elbit Systems of America is a leading provider of high performance products and system solutions focusing on the commercial aviation, defense, homeland security, and medical instrumentation markets. With facilities throughout the- United States , Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd., a global electronics company engaged in a wide range of programs for innovative defense-and commercial-applications.

Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of programs throughout the world. 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, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios.

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