MELBOURNE, Sept. 12 (UPI) -- Israel's Elbit Systems Ltd. and its Australian subsidiary are being taken to court in Australia over alleged misrepresentation. Australian firm Faxtech Pty Ltd -- trading ...

Small Australian contractor accuses Elbit Systems and its subsidiary IT Optronics over rights to sell night-vision monoculars. Melbourne - 07/09/2011 - Australian owned defence contractor Faxtech Pty ...

Israel-based ITL Optronics says it has secured an initial sale of its Lightener hand-launched mini-UAV to a South-East Asian defence force. The deal comprises one system of three UAVs with options for ...

The US buyer offered to assume the firm's $13 million debt. Military optical systems maker ITL Optronics Ltd. (TASE: ITL) today disclosed the amount of the takeover offer made last week: $35 million.