Elbit Systems Ltd. Receives Governmental Approval to Acquire
Universal Avionics Systems Corporation
Tucson, AZ - March 22, 2018 – Universal Avionics Systems Corporation announces that Elbit Systems Ltd. (NASDAQ and TASE: ESLT) is in the process of completing the acquisition of Universal Avionics through an asset acquisition agreement. The parties have received the applicable government approvals and the closing is anticipated to occur in the coming weeks. Under the ownership of Elbit Systems, Universal Avionics will become a wholly-owned subsidiary.
About Universal Avionics
Universal Avionics is a leading manufacturer of innovative avionics systems offered as retrofit and forward-fit solutions for the largest diversification of aircraft types in the industry. To learn more about Universal Avionics, visit www.uasc.com/company/about.
Universal Avionics Press Contacts
Michelle James
Director of Marketing and Communications
Email: mjames@uasc.com
Tel (520) 295-2300 or (800) 321-5253
Stacy Honda
Marketing Manager
Email: shonda@uasc.com
Tel (520) 295-2300 or (800) 321-5253