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Elbit Systems Acquires Electro Optic Research and Development Company Ltd.

Elbit Systems : 30 June, 2008  (New Product)
Elbit Systems Ltd. has announced the acquisition of all of the shares of Electro Optic Research and Development Company Ltd. ('EORD') from their former shareholders, Technion Research & Development Foundation Ltd. and Bynet Electronics Ltd., for a purchase price amount not material to Elbit Systems.

EORD is an Israeli company, engaged in research and development of acoustic and seismic sensors and systems for military and security applications.
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