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M&A Deal Summary

Orbit Acquires Euclid System Engineering

On December 27, 2021, Orbit acquired defense company Euclid System Engineering

Acquisition Highlights
  • This is Orbit’s 1st transaction in the Defense sector.
  • This is Orbit’s 1st transaction in Israel.

M&A Deal Summary
Date 2021-12-27
Target Euclid System Engineering
Sector Defense
Buyer(s) Orbit
Deal Type Add-on Acquisition

Target

Euclid System Engineering

Bat Hefer, Israel
Euclid System Engineering specializes in smart positioners & tracking systems and together with Euclid Tracking System USA supports a wide range of applications. Euclid System Engineering develops a wide variety of solutions for the defense industry, the motion control market, and customized products. Euclid System Engineering was founded in 2006 and is based in Bat Hefer, Isreal.

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Buyer(S) 1

Buyer

Orbit

Netanya, Israel
Category Company
Founded 1950
Sector Defense
Employees213
Revenue 70M USD (2024)
DESCRIPTION

Orbit is a provider of airborne communications and satellite-tracking maritime and ground-station solutions that is helping to expand and redefine how we connect. deliver innovative, cost-effective, and highly reliable solutions to commercial operators, major air forces and navies, space agencies, and emerging New Space companies. Orbit was founded in 1950 and is based in Netanya, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Defense M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
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