Elbit Systems Buys Out IMI Systems
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 […]
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Source:: The Firearm Blog
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