EFW acquires helmet-mounted display product line from Honeywell

FORT WORTH, Texas -- Leaders of EFW Inc., a defense electronics company in Fort Worth, Texas, bought the military helmet display and tracker products line of Honeywell International Inc. of Morristown, N.J.

EFW is a wholly owned subsidiary of Elbit Systems Ltd. in Haifa, Israel. EFW acquired the assets of Honeywell's Display and Orientation Products business for approximately $14 million, the companies announced Dec. 28.

Honeywell's helmet-mounted display products were part of the company's Business, Regional and General Aviation business headquartered in Glendale, Ariz.

EFW is acquiring the military helmet display and tracker products activities performed by Honeywell at facilities in Minnesota and Georgia, primarily for attack helicopters of the U.S. Army and related customers. This acquisition complements Elbit Systems' capabilities in helmet-mounted systems for fighter aircraft, Elbit officials say.

Elbit is involved in a wide range of defense-related airborne, ground, and command, control and communications programs throughout the world. The Company focuses on upgrading existing military platforms and developing new technologies for defense applications.

For more information contact EFW Inc. by phone at 817-234-6600, by fax at 817-234-6768, by post at 4700 Marine Creek Parkway, PO Box 136969, Fort Worth, Texas 76136-6969, by e-mail at EFW_INC@efw.com, or on the World Wide Web at http://www.efw.com/.

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