Elbit systems scaling back UAV division

Haaretz report that Elbit are to redeploy at least 100 workers from their UAV division due to a decline in its backlog of orders.

Elbit Systems makes small- and medium-sized remotely piloted vehicles. The company lost a $350 million Brazilian contract to Israel Aerospace Industries late last year. Also, negotiations to supply UAVs to a certain “eastern” state have dragged on.

Turkey has purchased Israeli UAVs in the past, and the hope in Israel was that it would continue to do so. But with the souring of strategic relations between Ankara and Jerusalem, Turkish defense officials began sending feelers to American UAV manufacturers.

http://www.haaretz.com/print-edition/business/elbit-scaling-back-uav-division-1.310266