, LLC, announced that it purchased from General Dynamics Armament and Technical Products its holdings in UAS Dynamics, LLC, a joint venture established by Elbit and General Dynamics to provide UAS to the U.S. market, thus making Elbit Systems of America the sole owner of UAS Dynamics.
UAS Dynamics will become part of Elbit Systems of America’s Unmanned Systems business unit that is responsible for both airborne and seaborne unmanned systems.
Raanan Horowitz, President and CEO of Elbit Systems of America, stated: “The integration of UAS Dynamics with Elbit Systems of America Unmanned Systems business unit will enable us to pursue opportunities associated with unmanned technologies and capabilities across multiple domains and we will continue to look for opportunities to provide the U.S. warfighters with innovative solutions that meet their diverse mission needs.”
Source: Press Release