Elbit Systems of America Purchases UAS Dynamics From Co-owner General Dynamics Armament and Technical Products

FORT WORTH, Texas | Elbit Systems of America, LLC, (“Elbit Systems of America”) a wholly owned subsidiary of Elbit Systems Ltd., announced today that it purchased from General Dynamics Armament and Technical Products (“GDATP”) its holdings in UAS Dynamics, LLC, (“UAS Dynamics”), a joint venture established by Elbit Systems of America and GDATP to provide UAS to the U.S. market, thus making Elbit Systems of America the sole owner of UAS Dynamics. UAS Dynamics will become part of Elbit Systems of America’s Unmanned Systems business unit which is responsible for both airborne and seaborne unmanned systems.

Raanan Horowitz, President and CEO of Elbit Systems of America, stated: “The integration of UAS Dynamics with Elbit Systems of America Unmanned Systems business unit will enable us to pursue opportunities associated with unmanned technologies and capabilities across multiple domains and we will continue to look for opportunities to provide the U.S. warfighters with innovative solutions that meet their diverse mission needs.”