This article is included in these additional categories:

Israel | Mergers & Acquisitions | Other Corporation | Sensors & Guidance

Elbit Eats EORD

For more on this and other stories, please consider purchasing a membership.
If you are already a subscriber, login to your account.
Elbit Systems Ltd. is well known for electronics, optronics (El/Op), and of course its UAVs. The firm appears to be strengthening other areas as well, however, by acquiring all shares of Electro Optic Research and Development Company Ltd. (“EORD”) from former shareholders Technion Research & Development Foundation Ltd., and Bynet Electronics Ltd. The purchase price was described as “not material to Elbit Systems,” which reported [PDF format] revenues for year-end 2007 of almost $2 billion, and net annual income of $76.7 million. EORD is an Israeli company focused on research and development of acoustic and seismic sensors and systems for military and security applications.

One Source: Hundreds of programs; Thousands of links, photos, and analyses

DII brings a complete collection of articles with original reporting and research, and expert analyses of events to your desktop – no need for multiple modules, or complex subscriptions. All supporting documents, links, & appendices accompany each article.


  • Save time
  • Eliminate your blind spots
  • Get the big picture, quickly
  • Keep up with the important facts
  • Stay on top of your projects or your competitors


  • Coverage of procurement and doctrine issues
  • Timeline of past and future program events
  • Comprehensive links to other useful resources