We are an international high technology company engaged in a wide range of
programs throughout the world. We develop and supply a broad portfolio of airborne,
land and naval systems and products for defense, homeland security and commercial
aviation applications. Our systems and products are installed on new platforms,
and we also perform comprehensive platform modernization programs.
Our major activities include:
military aircraft and helicopter systems;
helmet mounted systems;
commercial aviation systems and aerostructures;
unmanned aircraft and unmanned surface vessels;
land vehicle systems;
command, control, communications, computer and intelligence (C4I) systems;
intelligence and cyber systems;
electro-optic and countermeasures systems;
homeland security systems;
electronic warfare and signal intelligence systems; and
various commercial activities.
Many of these major activities have a number of common and related elements.
Therefore, certain of our subsidiaries, divisions or other operating units often
jointly conduct marketing, research and development, manufacturing, performance
of programs, sales and after sales support among these areas of activities.
We operate primarily in the defense and homeland security arenas. The nature
of military and homeland security actions in recent years, including low intensity
conflicts and ongoing terrorist activities, as well as budgetary pressures to
focus on leaner but more technically advanced forces, have caused a shift in
the defense and homeland security priorities for many of our major customers.
As a result we believe there is a continued demand in the areas of C4I systems,
intelligence, surveillance and reconnaissance (ISR) systems, network centric
information systems, intelligence gathering systems, border and perimeter security
systems, unmanned aircraft systems (UAS), unmanned surface vessels (USVs), remote
controlled systems, cyber-defense systems, space and satellite based defense
capabilities and homeland security solutions. There is also a continuing demand
for cost effective logistic support and training and simulation services. We
believe our synergistic “one-company” approach of finding solutions
that combine elements of our various activities positions us to meet evolving
customer requirements in many of these areas.
We tailor and adapt our technologies, integration skills, market knowledge
and operationally-proven systems to each customer’s individual requirements
in both existing and new platforms. By upgrading existing platforms with advanced
technologies, we provide customers with cost-effective solutions, and our customers
are able to improve their technological and operational capabilities within
limited budgets. We are experienced in providing “systems of systems”,
which enables us to provide overall solutions in a range of areas to meet our
customers’ comprehensive defense, homeland security and safety needs.
We conduct most of our U.S. business through Elbit Systems of America, LLC (Elbit
Systems of America), a wholly-owned Delaware limited liability company, and
its major wholly-owned subsidiaries including: EFW Inc. (EFW), Kollsman, Inc.
(Kollsman), KMC Systems, Inc. (KMC), International Enterprises, LLC (IEI), M7
Aerospace LLC (M7) and Real-Time Laboratories, LLC (RTL). Elbit Systems of America
provides products and system solutions focusing on U.S. military, commercial
aviation, homeland security and medical instrumentation customers. Elbit Systems
of America is organized along a number of main business lines operating out
of several primary operational facilities. The major business lines include
Airborne Solutions, Sensors and Fire Control Solutions, Sustainment and Support
Solutions, Commercial Aviation – Kollsman and Medical Instruments –
KMC Systems. Elbit Systems of America’s main operation centers include
its facilities in Fort Worth, Texas; San Antonio, Texas; Merrimack, New Hampshire;
Talladega, Alabama; and Boca Raton, Florida. Elbit Systems of America also owns
50% of Rockwell Collins ESA Vision Systems LLC and Vision Systems International
LLC, which are U.S. companies jointly-owned with Rockwell Collins Inc. and which
are engaged in the area of helmet mounted display systems for fixed-wing military
and para-military aircraft.
Elbit Systems of America acts as a contractor for U.S. Foreign Military Financing
(FMF) and Foreign Military Sales (FMS) programs. (See below “Governmental
Regulations – Foreign Military Financing.”) Each of Elbit Systems
of America’s major operational facilities has engineering and manufacturing
capabilities. Elbit Systems of America’s facilities in Alabama and Texas
have significant maintenance and repair capabilities. (See below “Manufacturing”
and “Customer Satisfaction and Quality Assurance.”)
Elbit Systems of America, Elbit Systems and intermediate Delaware holding company
subsidiaries are parties to a Special Security Agreement (SSA) with the DoD.
The SSA provides the framework for controls and procedures to protect classified
information, controlled unclassified information and export controlled data.
The SSA allows the Elbit Systems of America companies to participate in classified
U.S. government programs even though, due to their ownership by Elbit Systems,
the Elbit Systems of America companies are considered under the control of a
non-U.S. interest. Under the SSA, a Government Security Committee of Elbit Systems
of America’s board of directors was permanently established to supervise
and monitor compliance with Elbit Systems of America’s export control
and national security requirements. The SSA also requires Elbit Systems of America’s
board of directors to include outside directors who have no other affiliation
with the Company. Elbit Systems of America’s board of directors also contains
an officer of Elbit Systems of America and up to two inside directors, who have
other affiliations with the Company. The SSA requires outside directors and
officers of the Elbit Systems of America companies who are directors, and certain
other senior officers, to be U.S. resident citizens and eligible for DoD personal
security clearances.
Israeli Subsidiaries
Elop. Based in Rehovot, Israel, our wholly-owned subsidiary Elbit Systems Electro-Optics
Elop Ltd. (Elop) designs, engineers, manufactures and supports a wide range
of electro-optic systems and products mainly for defense, space and homeland
security applications. With many decades of operational experience, Elop has
a broad customer base, both in Israel and internationally.
ESLC. Elbit Systems Land and C4I Ltd. (ESLC) is a wholly-owned Israeli subsidiary,
with headquarters in Netanya, Israel. ESLC is engaged in the worldwide market
for land-based systems and products for military vehicles, artillery and mortar
systems, C4I systems and communications systems and equipment.
Elisra. Elbit Systems EW and SIGINT – Elisra Ltd. (Elisra) is a wholly-owned
Israeli subsidiary located in Bnei Brak and Holon, Israel. Elisra and its subsidiaries
provide a wide range of electronic warfare (EW) systems, signal intelligence
(SIGINT) systems and C4ISR technological solutions for the worldwide market.
Others Subsidiaries
We have several other smaller subsidiaries and investee companies in Israel,
Europe, North America, South America, Asia and Australia that conduct marketing,
engineering manufacturing, logistic support and other activities, principally
in the subsidiary’s local market.