RTTNews | Apr 1, 2021 08:41AM EDT

08:40 Thursday, April 1, 2021 (RTTNews.com) - Elbit Systems Ltd. (ESLT) said that it has acquired BAE Systems Rokar International Ltd. from BAE Systems,Inc., the U.S.headquartered subsidiary of BAE Systems plc (BA.L) for about $31 million net of any cash in Rokar.

Located in Jerusalem, Israel, Rokar specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications.

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