Israel-based Elbit Systems on Wednesday said it would keep an eye out for possible acquisitions if the proposed merger of US aerospace companies Raytheon Co and United Technologies Corp triggers certain divestments.
"We could have several opportunities coming from that kind of merger," Ran Kril, executive vice president for International Marketing & Business Development, said at the Paris Airshow.
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Kril said Elbit was committed to expanding in the United States and would keep a close eye on any possible divestments ordered by US authorities reviewing the proposed merger.
Elbit is expected to wrap up the purchase of the night vision business of Harris Corp in the autumn, he said. Antitrust authorities had ordered the sale of that business as a condition for approving Harris's merger with L3 Technologies.
"We've decided to grow in America and after the Harris acquisition, we will always find opportunities to expand our portfolio and our presence in the US," Kril said.
