New Business Unit To Be Led By Erik Fox

The U.S. subsidiary of Elbit Systems, Elbit Systems of America, LLC, has completed the acquisition of the Night Vision business of L3Harris Technologies for a purchase price of $350 million.

"The market position and technological strength of Harris Night Vision make this acquisition significant to our long-term growth strategy, with a particular focus on the U.S.," said Bezhalel (Butzi) Machlis, Elbit Systems president & CEO." We believe that the completion of this acquisition will be beneficial both for Elbit Systems and for Harris Night Vision's customers and employees."  

Erik Fox has been named as the vice president and General Manager of Elbit Systems of America – Night Vision. Under Fox's leadership, the Night Vision business unit will expand the company's position as a supplier of critical defense systems and core technologies for the United States and allied militaries, security forces, federal homeland security and law enforcement markets. Fox will report directly to Raanan Horowitz, president and CEO of Elbit Systems of America.

Horowitz said, "Under Erik Fox's leadership of the Night Vision business, Elbit America has the ability to integrate night vision capabilities into future optical sensing and targeting systems that we can provide our customers. We're eager to leverage Erik's experience and build the future of vision enhancing solutions."

Elbit Systems of America – Night Vision supports the company's long-term strategy of being a full-service, capable, and trusted American company for critical products and solutions. The business unit will provide night vision solutions for pilots, ground platforms and infantry soldiers and marines.

"As the newest business unit within the Elbit America family, we're going to leverage our legacy and tap into the expertise of the larger company," Fox said. "Together, we can supply warfighters and first responders around the world with the innovative solutions they need to protect and save lives."

Elbit Systems of America – Night Vision is a provider of night vision technology, with more than two million Generation 3 image intensifier tubes produced and over 15 years of Enhanced Night Vision Goggle programs of record with the U.S. Army.

(Source: Elbis Systems of America news release)

FMI: elbitsystems.com