from the November 2011 issue

Elbit Systems in border security contract

The consortium led by Boeing (NYSE: BA), which includes Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT), has won a $2.1 billion contract to help the Department of Homeland Security beef up security along more than 7,500 miles of US borders with Mexico and Canada.

In May, Boeing announced that it was participating in the tender, and that it passed the initial screening stage. The company added that Elbit System was a member of the consortium, through its US subsidiary, Kollsman Inc.

Reprinted from the Israel High-Tech & Investment Report November 2011

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