Elbit Completes Merger With El-Op Electro-Optics
Jul 7, 2000 — HAIFA, Israel, July 7 -- Elbit Systems Ltd. and El-0p Electro-Optics Industries Ltd., two global defense companies, have completed their merger. El-Op will function as a subsidiary of Elbit Systems and will operate within the company's new organizational structure.
The merger between Elbit Systems and El-Op is a major milestone for both companies, said Joseph Ackerman, president and CEO of Elbit Systems. It unites the complimentary strengths of two industry leaders, each one backed by...