FORT WORTH, Texas, November 28, 2016
FORT WORTH, Texas, November 28, 2016 /PRNewswire/ --
Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems Ltd., announced that Gen Duncan J. McNabb, USAF, retired, will join Elbit Systems of America's Board of Directors effective immediately.
McNabb is the former Commander of the U.S. Transportation Command at Scott Air Force Base in Illinois responsible for all global air, land, and sea transportation for the Department of Defense. He also served as the Vice Chief of Staff for the United States Air Force. A graduate of the U.S. Air Force Academy, McNabb has held command and staff positions at squadron, group, wing, major command, and Department of Defense levels. McNabb also served in Operations Desert Shield and Desert Storm.
"It is an honor to serve on Elbit Systems of America's Board of Directors," commented McNabb. "The company has a long, well-established history of providing our military with advanced solutions for a decisive edge in today's battles to defend democracy and protect our great nation."
McNabb joins six other Outside Directors led by Gen Robert (Bob) Magnus, USMC retired and Chairman of the Board of Directors. Magnus has a distinguished military career spanning over 30 years and has served on the Elbit Systems of America Board of Directors since 2009.
Additional Outside Directors include the Hon. Stephen Cambone, a former first Under Secretary of Defense for Intelligence (member since 2015); Robert Johnson, former CEO of Dubai Aerospace and former President and CEO of Aerospace of Honeywell International (member since 2014); LTG Jay Garner, U.S. Army retired (member since 2012); LTG Ronald Hite, U.S. Army retired (member since 2008); and the Hon. Joe Reeder, who formerly served as the U.S. Army's 14th Under Secretary (member since 2006).
"It is our pleasure to welcome Gen. McNabb to our Board of Directors," commented Elbit Systems of America's President and Chief Executive Officer Raanan Horowitz. "With his extensive military background and business acumen, he will be a strong addition to our boardroom."
About Elbit Systems of America, LLC
Elbit Systems of America is a leading provider of high performance products, system solutions, and support services focusing on the defense, homeland security, commercial aviation, and medical instrumentation markets. With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ and TASE: ESLT), a global high technology company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: http://www.elbitsystems-us.com or follow us on Twitter.
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
Elbit Systems of America and other trademarks, service marks and logos are registered or unregistered marks of Elbit Systems of America companies in the United States and in foreign countries. Copyright © 2016 Elbit Systems of America. All rights reserved.
Forward Looking Statement
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
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SOURCE Elbit Systems of America