Covington Represents Elbit in 350M Acquisition of Night Vision Business

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Covington Represents Elbit in $350M Acquisition of Night Vision Business

April 5, 2019

WASHINGTON—Covington advised Elbit Systems of America, LLC, a subsidiary of Elbit Systems Ltd., in its definitive agreement with Harris Corporation for the acquisition of Harris' Night Vision business for a purchase price of $350 million. The closing of the transaction is subject to receipt of regulatory approvals.

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world

Harris Night Vision is a premier developer, producer and supplier of night vision technology for the U.S. and allied military and security forces and for the federal homeland security market.

The Covington corporate team included Paul Rogers and Drew Fischer. Advice was also provided by David Fagan (CFIUS), Damara Chambers and Lisa Ann Johnson (CFIUS and trade controls), Scott Freling, Nooree Lee, and Peter Terenzio (government contracts), Heather Haberl (real estate), Don Elliott and Thomas Brugato (environmental), Michael Francese and Brady McDaniel (employee benefits), James Dean, Jr., Miranda Cole, Horst Henschen, and Silvia Wu (antitrust), Libbie Canter and Jadzia Pierce (cybersecurity), Mona Patel (anti-corruption), Ansgar Simon and Jon Endean (tax), Marialuisa Gallozzi (insurance), and senior advisor Zachary Mears (policy and regulatory).