Elbit acquires BAE business unit

Rokar International is located in Jerusalem, Israel, and oversees the production of GPS receivers and systems in defence products.

Bezhalel Machlis, president and chief executive officer of Elbit Systems, commented that Rokar’s capabilities will enhance Elbit’s munitions offerings.

“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,” Machlis commented.

The deal is expected to be valued at $31 million net of cash held by Rokar.

[Related: Elbit bolsters Seagull USV platform]

Liam Garman

Editor – Defence and Security, Momentum Media

Liam began his career as a speech writer at New South Wales Parliament before working for world leading campaigns and research agencies in Sydney and Auckland. Throughout his career, Liam has managed and executed international media and communications campaigns spanning politics, business, industrial relations and infrastructure. He’s since shifted his attention to researching and writing extensively on geopolitics and defence. He holds a Bachelor of Commerce from the University of Sydney and a Masters in Strategy and Security with Excellence from UNSW Canberra, with a thesis on post-truth, postmodernism and disinformation operations.

 

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