HAIFA, Israel, Aug. 11, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (the “Company”) announced today that at its Extraordinary General Meeting of Shareholders (the “Meeting”) held on August 10, 2020, at the Company’s offices in Haifa, the proposed resolution described in the Proxy Statement to the Shareholders dated July 6, 2020, and described below, was approved by the required majority:
“To elect Mr. Noaz Bar Nir as an External Director of the Company for a first three-year term commencing on the close of the Meeting.”
Mr. Bar Nir’s election as an External Director of the Company enables the Company to return to being in full compliance with the applicable board of director independence requirements under Nasdaq Listing Rules and the Israeli Companies Law.
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, cyber-based systems and munitions. 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.
SOURCE Elbit Systems Ltd.
Leave a Reply