Elbit Systems to Buy Universal Avionics

Elbit Systems, the Israeli defense electronics company, has stuck a deal to acquire Universal Avionics Systems Corp., a maker of flight management systems, retrofit avionics suites and other equipment for business aviation, airline and military markets.

Elbit says it received all necessary government approvals for the acquisitin, clearing the way for the transaction to close in the coming weeks. No financial or other details were disclosed.

Tuscon, Arizona-based Universal Avionics is a privately held manufacture of avionics systems for business jets, turboprops, transport aircraft, helicopters, military aircraft and regional and major airliners.

The company was founded in 1981 by Swiss industrialist and pilot Hubert Naimer, who developed the idea for the world’s first fully integrated flight management system.

Over the years Universal added to its product portfolio with a number of innovative products spanning synthetic-vision system displays, terrain warning system, retrofit flat-panel display systems and other gear.

Elbit Systems produces a broad range of electronics systems for the defense industry, spanning cockpits for military transports and helicopters, electro-optics systems, communications systems, helmet-mounted displays, UAS avionics and more.