Israeli defence firm Elbit eyes US market for further growth

JERUSALEM: Israeli defence electronics company Elbit Systems reported higher quarterly profit on Thursday, driven by its acquisition of rival IMI, and said it would continue to target the U.S. market to help fuel growth.

"These acquisitions will strengthen our position in the United States," he told Reuters."I am putting an emphasis on our activity in the U.S. market. It will improve our position in this market in the commercial avionics business and in the night vision business in the United States." IMI, a manufacturer of military systems best known for being an early maker of the Uzi submachine gun, is expected to add revenue of at least US$500 million this year.Channel NewsAsia - Sentifi topic widget

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Baidu falls further behind among China’s biggest tech firms as Meituan, NetEase overtake in market valueBaidu Inc. has fallen out of the top five most valuable publicly traded Chinese internet companies after its market capitalisation slid below that of gaming and e-commerce pioneer NetEase Inc.After a 40 per cent slide in its share price this year, Baidu’s market valuation stood at US$33.2 billion at
แหล่ง: YahooSG - 🏆 3. / 71 อ่านเพิ่มเติม »

Trump sees Fed rather than trade war as source of market turmoilWith global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S.
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »