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Home Economy Business & Finance

Israeli defense giant Elbit System forms UAE subsidiary

Elbit Systems Emirates "will seek to foster a long-term cooperation with the United Arab Emirates Armed Forces." Abraham Accords "provide a sound basis for business collaborations in the region," an Elbit official says.

by  Hanan Greenwood and ILH Staff
Published on  11-15-2021 12:33
Last modified: 11-15-2021 12:33
Israeli defense giant Elbit System forms UAE subsidiaryElbit Systems

The Elbit Systems booth at the Dubai Airshow, Nov. 14, 2021 | Courtesy: Elbit Systems

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Elbit Systems on Sunday announced the establishment of Elbit Systems Emirates, saying the new subsidiary "will seek to foster a long-term cooperation with the United Arab Emirates Armed Forces, oversee customization of solutions to operational needs of end-users and lead the transfer of technologies to local partners."

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Executive Vice President for International Marketing & Business Development of Elbit Systems Ran Kril said that the Abraham Accords "provide a sound basis for business collaborations in the region.

"The UAE and other countries in the region are important new markets for Elbit Systems. We believe that our broad portfolio of solutions positions us well to address the needs and opportunities in this region," he said.

Elbit Systems is one of the Israeli firms featured in the 2021 Dubai Airshow 2021. The latter is one of the largest and most successful air shows in the world. The 2021 expo will be the only global airshow to take place since 2019 and is set to feature over 250 companies and industry experts across nine tracks including cargo, sustainability, technology, and space among others.

The company said its booth will highlight solutions to facilitate multi-domain networked warfare, airborne precision fires, aircraft vision systems, and airborne protection systems.

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