Elbit Systems

In 1966, Uzia Galil laid the groundwork for what would become a titan in the defense technology space by founding Elron Electronic Industries. A decade later, in 1996, Elron made a strategic decision to spin off three of its entities, one of which was Elbit Systems. This new company began its journey focused on defense electronics and electro-optical systems. From its inception, Elbit's strategy was clear: develop and acquire advanced technology to become a critical supplier to defense forces, initially in Israel and then globally. A pivotal moment in Elbit's story came early on. Just months after its formation, the company executed a successful Initial Public Offering (IPO) on the NASDAQ stock exchange in October 1996. This move provided the capital necessary to fuel its ambitious growth plans. The IPO wasn't just about funding; it signaled Elbit's arrival on the world stage and its readiness to compete internationally. This early public listing set the foundation for a long-term strategy of growth through acquisition. Over the years, Elbit has systematically acquired other defense companies, integrating their technologies and market access. A landmark acquisition was the 2000 merger with El-Op, which significantly broadened its electro-optics capabilities. This playbook of strategic acquisitions, combined with strong organic growth and a focus on research and development, has allowed Elbit to build a comprehensive portfolio. Today, the company provides a vast range of systems for airborne, land, and naval applications, from helmet-mounted displays for pilots to unmanned aircraft systems, cementing its position as a major player in the global defense industry.