Posted December 6, 2018 11:00 am by Comments

By Matthew Moss

Elbit Systems has completed a deal to buy its rival IMI Systems Ltd (formerly Israeli Military Industries) in a deal worth nearly half a billion dollars. Elbit Systems’s acquisition of the government owned defence contractor marks the end of the protracted privatisation of IMI. IMI was originally founded back in 1933, before the state of Israel […]

Read More …

The post Elbit Systems Buys Out IMI Systems appeared first on The Firearm Blog.

…Read the Rest

Source:: The Firearm Blog

Leave a Reply

Your email address will not be published. Required fields are marked *