KMC Systems, a leading engineering design and manufacturing
company focused on the creation of complex medical instrumentation,
and the medical division of Elbit Systems of America (“Elbit
America”), today announced its opening of a new corporate
innovation center located in Cambridge, Massachusetts.
Elbit America’s corporate expansion to Cambridge is focused on
creating a high-tech engineering design and innovation center as
the company continues to expand its medical instrumentation
capabilities into new markets including next generation sequencing
and cell and gene therapy.
“The expansion of our offices to Cambridge puts KMC in a key
location, being closer to our customer-base and keeping KMC on the
pulse of emerging technologies and trends from our healthcare
partners and industry leaders,” said Derek Kane, General Manager of
KMC Systems. “Cambridge also gives us important access to top
talent from nationally recognized, local education
institutions.”
The new office space includes 10,000 square feet of work space
designed for new engineering projects and an additional 50-60 Elbit
America engineers. The space may also be leveraged for expanding
Elbit America’s industry partnerships, including room for start-up
companies looking for a Boston-based location to continue their
innovative work.
“Elbit Systems of America is focused on driving disruptive
technology across our entire organization,” said Raanan Horowitz,
CEO of Elbit Systems of America. “Expansion of our New England
operations is not only an investment in our medical division and
emerging technology spaces, but also an investment in our continued
support to our local academic institutions.”
“Elbit America and KMC are strategically planning for the future
across both our defense and medical divisions,” said Scott Baum VP
of Strategy and Growth, Elbit Systems of America. “We are expanding
our physical footprint, expanding our technology and capabilities,
and most importantly our growth allows us to continue to invest in
and develop our employees.”
For more information about KMC Systems, please visit
www.KMCSystems.com.
About KMC Systems
KMC Systems, Inc. is a medical device and life sciences
diagnostic company that specializes in contract design and
manufacturing services for some of the leading medical devices and
life sciences companies around the world. KMC was founded in 1980
and has served the medical device and life sciences industry for 40
years. The company is based out of Merrimack, New Hampshire and is
the medical subsidiary of Elbit Systems of America. For additional
information, visit http://www.kmcsystems.com/ or follow them on
Twitter, and LinkedIn.
About Elbit Systems of America, LLC
Elbit Systems of America, headquartered in Fort Worth, Texas, is
a leading provider of high-performance products, system solutions,
and support services focusing on the defense, homeland security,
law enforcement, commercial aviation, and medical instrumentation
markets. With facilities throughout the U.S., 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: ESLT
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:
www.elbitsystems-us.com or follow us on Twitter, LinkedIn and
Instagram.
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. For additional information, visit:
https://elbitsystems.com/, follow us on Twitter or visit our
official Facebook, YouTube and LinkedIn Channels.
Trademarks
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 ©2021 Elbit Systems of America. All rights reserved.
Forward Looking Statement
This press release may contain forward-looking statements
(within the meaning of Section 27A of the Securities Act of 1933,
as amended, Section 21E of the Securities Exchange Act of 1934, as
amended and the Israeli Securities Law, 1968) regarding Elbit
Systems Ltd. and/or its subsidiaries (collectively the Company), to
the extent such statements do not relate to historical or current
facts. Forward-looking statements are based on management’s current
expectations, estimates, projections and assumptions about future
events. 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, uncertainties and
assumptions about the Company, which are difficult to predict,
including projections of the Company’s future financial results,
its anticipated growth strategies and anticipated trends in its
business. 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; changes in global health and macroeconomic
conditions; differences in anticipated and actual program
performance, including the ability to perform under long-term
fixed-price contracts; changes in the competitive environment; 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. Although the Company believes the
expectations reflected in the forward-looking statements contained
herein are reasonable, it cannot guarantee future results, level of
activity, performance or achievements. Moreover, neither the
Company nor any other person assumes responsibility for the
accuracy and completeness of any of these forward-looking
statements. The Company does not undertake to update its
forward-looking statements. Elbit Systems Ltd., its logo, brand,
product, service and process names appearing in this Press Release
are the trademarks or service marks of Elbit Systems Ltd. or its
affiliated companies. All other brand, product, service and process
names appearing are the trademarks of their respective holders.
Reference to or use of a product, service or process other than
those of Elbit Systems Ltd. does not imply recommendation,
approval, affiliation or sponsorship of that product, service or
process by Elbit Systems Ltd. Nothing contained herein shall be
construed as conferring by implication, estoppel or otherwise any
license or right under any patent, copyright, trademark or other
intellectual property right of Elbit Systems Ltd. or any third
party, except as expressly granted herein.
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version on businesswire.com: https://www.businesswire.com/news/home/20210928005918/en/
Jacquie Kane Wireside Marketing, on behalf of KMC Systems, Inc.
jkane@wireside.com
Elbit Systems of America, LLC Greg Caires | 682-286-2299 |
greg.caires@elbitsystems-us.com Amy Hartley I 682-286-2411 I
amy.hartley@elbitsystems-us.com
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