Contract & Acquisitions turn Elbit Systems Bullish

NASDAQ:ESLT   Elbit Systems Ltd
Quite possibly ESLT is going to be a major benefactor of Mr Trumps border security campaign.
Bullish news flow has added to the momentum in the stock.
New Contract
Elbit Systems UK Ltd., UK subsidiary of Elbit Systems (NASDAQ:ESLT) has won ~$38M contract from the UK Ministry of Defence to supply comprehensive JFST systems to the British Army over a period of two years following which Elbit Systems UK will provide an additional four years of maintenance, technical support and on-site training.
Martin Fausset, CEO of Elbit Systems UK, said: "We are proud to have been selected by the UK MoD to supply the JFST systems, providing a valuable capability for the British Army and delivering an operationally proven capability into the UK, together with our local partners."
Acquisition Details.
Harris Technologies (NYSE:LHX) today completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America (NASDAQ:ESLT) for $350M in cash.

Elbit Systems Ltd . operates as a technology company. It engages in the development and supply of a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. The company was founded in 1996 and is headquartered in Haifa, Israel.
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