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Covington Advises Elbit Systems in $120 Million Acquisition

Press Release May 1, 2018

Covington Advises Elbit Systems in $120 Million Acquisition

May 1, 2018

WASHINGTON—Covington advised Elbit Systems Ltd. in its $120 million acquisition of the assets and operations of the privately owned U.S. company, Universal Avionics Systems.

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

Universal Avionics is a developer and manufacturer of commercial avionics systems for the retrofit and forward-fit market, for a wide range of fixed and rotary aircraft types.

The Covington team included Paul Rogers, Brent Little, Max Corey, and Stephanie Choo (Corporate); James Dean, Ross Demain, and Silvia Wu (Antitrust); David Fagan, Peter Flanagan, Damara Chambers, and Sara Lacy (CFIUS, Trade Controls); Mike Francese, Chris Bracebridge, Brady McDaniel, and Christopher Lowther (Employee Benefits); Don Elliott, John Mizerak, and Kamila Lis-Coghlan (Environmental); Mona Patel (FCPA); Scott Freling, Susan Cassidy, and Ryan Burnette (Government Contracts); Winslow Taub, Lee Tiedrich, Marie Lavalleye, Steve Mossey, and Dan Gurman (Intellectual Property, Open Source Software); Marialuisa Gallozzi (Insurance); Heather Haberl and Nora Diamond-Jones (Real Estate); Ansgar Simon, Lee Kelley, Howard Berger, Kandyce Korotky, and Jamin Koo (Tax).

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