Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Elbit Systems Acquires BAE Systems Rokar for $31 Million

Elbit has also made deals with German police.

Israel’s Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems”) ha acquired BAE Systems Rokar International Ltd. (“Rokar”) from BAE Systems, Inc., the U.S. headquartered subsidiary of BAE Systems plc (LON: BA) for approximately $31 million net of any cash in Rokar. Located in Jerusalem, Israel, Rokar specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications.

BAE Systems ROKAR specializes in the field of electronic countermeasures and smart dispensing systems. Within this, the company stands behind the development and production of its Advanced Countermeasures Dispensing System (ACDS), a computer controlled, threat-adaptive countermeasure system intended to protect aircraft from both air and ground threats, through the use of decoy payloads. This system is capable of controlling and distributing multiple Flare, RF and additional types of expendable payloads, in order to provide multi-spectral response when needed, and in accordance to programs that adapt to both parameters of the engagement and specific threats.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: “There is increasing demand for our networked precision fire solutions. Rokar’s technologies are integrated in our solutions and the acquisition will further enhance our capabilities in this growing area of activity.”

Meanwhile, Elbit Systems Deutschland was selected by the Procurement Office of the German Federal Ministry of the Interior, after a competitive tender procedure, to supply XACT nv33 Night Vision Goggles (NVGs) for the German Federal Police.

The Special Forces and Special Operation Units of the Federal Police are facing new threats and complex scenarios from organized crime and international terrorism. The XACT nv33 NVG will supports the officers’ in the fight against crime across Germany, as they will be equipped with the ability to operate during the nights, which is an essential requirement.

This decision by the German Federal Police follows another satisfied German customer – the German Armed Forces – that are already using the XACT nv33 NVG in various missions. The XACT product family have already been selected by a number of undisclosed NATO countries among them Germany and the Netherlands, as well as the Israeli and the Australian Armed Forces.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...