Elbit Systems Ltd. (ESLT) Thursday said it has acquired the Brazilian companies, Ares Aeroespecial e Defesa S.A. and Periscopio Equipamentos Optronicos S.A. The company stated that the acquisition was accomplished in a series of transactions totaling tens of millions Brazilian Reals.
Ares and Periscopio are involved in the area of defense electronic systems and supply a range of products to the Brazilian military as well as to additional markets in South America. Located in the vicinity of Rio de Janeiro, the companies have approximately 70 employees.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.