Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) announced that, effective October 15, 2007, its U.S. subsidiary, Elbit Systems of America, LLC (ESA), a provider of defense, homeland security, and commercial aviation products and systems, has appointed Raanan I. Horowitz as ESA’s President and CEO, as well as a member of ESA’s Board of Directors. Mr. Horowitz replaces Joseph A. Parini, who was serving as ESA’s interim President and CEO. Mr. Parini will continue in his role as Chairman of the Board of Directors of ESA.
Mr. Horowitz joined the Elbit Group in 1989, and since 1991 he has held senior positions in the Group’s U.S. companies. In 2001, Mr. Horowitz was appointed to serve as the Executive Vice President and General Manager of EFW Inc. (EFW), an Elbit Systems of America company. In that position, he has been involved in managing the provision of mission critical systems to various defense platforms and programs for the U.S. armed forces.
Elbit Systems of America, LLC and its subsidiaries are leading providers of high performance products and sub-system solutions focusing on the defense, homeland security and commercial aviation markets, with facilities in New Hampshire, Texas, Alabama, Georgia, Virginia and California. ESA is wholly owned by Elbit Systems Ltd.
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world.
Published by Globes [online], Israel business news - www.globes.co.il - on October 17, 2007
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