M&A Deal Summary

Elbit Systems Acquires Israel Military Industries - Aircraft Systems Division

On January 4, 2004, Elbit Systems acquired defense company Israel Military Industries - Aircraft Systems Division from Israel Military Industries for 8M USD

Acquisition Highlights
  • This is Elbit Systems’ 1st transaction in the Defense sector.
  • This is Elbit Systems’ 3rd largest (disclosed) transaction.
  • This is Elbit Systems’ 1st transaction in Israel.

M&A Deal Summary

Date 2004-01-04
Target Israel Military Industries - Aircraft Systems Division
Sector Defense
Buyer(s) Elbit Systems
Sellers(s) Israel Military Industries
Deal Type Divestiture
Deal Value 8M USD

Target

Israel Military Industries - Aircraft Systems Division

Tirat Hacarmel, Israel
Israel Military Industries Ltd. - Aircraft Systems Division manufactures weapon pylons and external fuel tanks for fighter aircraft. The customers of the Aircraft Systems Division include the Israel Ministry of Defense, the U.S. Department of Defense, U.S. aviation companies and other customers worldwide.

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Buyer(S) 1

Buyer

Elbit Systems

Haifa, Israel

Category Company
Founded 1966
Sector Electronics
Employees19,000
Revenue 6.8B USD (2024)
DESCRIPTION

Elbit Systems is a defense electronics company, engages in the design, development, manufacture, and integration of defense electronic systems and products worldwide. Elbit Systems was founded in 1966 and is headquartered in Haifa, Israel.


DEAL STATS #
Overall 1 of 6
Sector: Defense M&A 1 of 1
Type: Divestiture M&A Deals 1 of 4
Country: Israel M&A 1 of 2
Year: 2004 M&A 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-15 M7 Aerospace

San Antonio, Texas, United States

M7 Aerospace LLC is an integrated service company, offering a full suite of aviation services in the areas of Aerostructures Manufacturing, Government Logistics Support Services.

Buy -

Seller(S) 1

SELLER

Israel Military Industries

Ramat Hasharon, Israel

Category Company
Founded 1933
Sector Defense
DESCRIPTION

Israel Military Industries Ltd. is a government owned company, which specializes in the development, manufacturing and deployment of a wide range of state-of-the-art combat-ready solutions. Export constitutes 60% of IMI's annual sales. IMI's customers include the Israel Ministry of Defense and armed forces worldwide.


DEAL STATS #
Overall 1 of 1
Sector: Defense M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2004 M&A 1 of 1
Size (of disclosed) 1 of 1