BERN, Switzerland --- Elbit Systems Ltd. announced the establishment of Elbit Systems Switzerland AG. The announcement was made during an opening ceremony held today in the designated office space in Seilerstrasse, Bern.
Establishing a Swiss entity is part of the Company's long-term growth path in the market. Over the past decade Elbit Systems has been leading successful engagements in the Swiss market, most notably in programs such as INTAFF, ADS15 and others. The Company, through its newly established Elbit Systems Switzerland, will seek to expand the transfer of advanced technologies and know-how to the market, set-up local development capabilities, further grow collaborations with Swiss high technology companies and facilitate ties with scientific and technology research institutions.
In the initial phase Elbit Systems Switzerland will focus on developing a Technology Center of Excellence in several synergetic domains including Communications, Command & Control, Computing and Cyber Intelligence leveraging INTAFF related activities and the recently agreed upon joint venture company with RUAG.
Haim Delmar, Executive Vice President and General Manager of Elbit Systems C4I & Cyber, said: "Switzerland is an important market for us. It is a privilege to be in a position to offer technologically advanced and operational solutions for the Swiss Armed Forces and to cooperate with Swiss high technology companies. We are proud to establish Elbit Systems Switzerland, which I believe will accelerate our capacity to transfer knowhow and will strengthen our capability to provide local engineering and technical support."
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.