Elbit, Finland’s DA-Group Partner to Manufacture and Market Secure GPS System

Nasdaq and Tel Aviv-listed Israeli defense contractor Elbit Systems Ltd. has signed a partnership agreement with Finland-based electronics company DA-Group Ltd., the companies announced Monday. As part of the deal, DA-Group will manufacture and market Elbit’s secure GPS antenna system. Called iSNS, the system is compatible with land, sea, and airborne applications and can be installed as an add-on kit. The companies did not disclose the financial terms of the deal.

Elbit president and CEO Bezhalel Machlis. Photo: Amit Sha'al