Elbit Systems completes Universal Avionics Systems acquisition
HAIFA, Israel. Defense electronics contractor Elbit Systems Ltd. has completed its previously announced acquisition of avionics manufacturer Universal Avionics Systems (UA -- Tucson, Arizona).
As a wholly-owned subsidiary of Elbit Systems, UA will lead commercial sales in North America for Elbit Systems’ Aerospace Division’s Commercial Aviation Business Line.
“Combining our product offering with Elbit Systems’ strengthens our position in the market,” said Paul DeHerrera, UA Chief Executive Officer. “Our vision is to be the premier cockpit avionics supplier for the commercial aviation market, providing a fully-integrated ‘heads-up’ and ‘heads-down’ experience for pilots by combining Elbit’s commercial HUD [heads-up display] technology with UA’s flight management system and display systems,” he added. “Our complete solution will support forward-fit and retrofit aircraft including fixed-wing and helicopters.”