08 September 2012

ELTA North America celebrates opening of new facility in Fulton, Maryland

Futon, Md. - 08 September 2012 (PRNewswire-iReach) - ELTA North America held the grand opening celebration of its new facility in Fulton, MD, today. On hand to participate in the event were Maryland Governor Martin O'Malley, United States Senators Barbara Mikulski and Ben Cardin, and the Israel Ambassador to the United States, Dr. Michael Oren. Also participating in the ceremony were Congressman Dutch Ruppersberger, Lt. Governor Anthony Brown, Howard Country Executive Ken Ulman and Abba Poliakoff, Chairman of the Maryland/Israel Development Center. 

In his opening remarks, Dr. David Machuga, president & CEO of ELTA North America said, "in times of fiscal responsibility, the lower development costs associated with deployed state of the art technology combined with the jobs created at ELTA North America is a 'win-win' for the U.S . customers and U.S. taxpayers.

ELTA North America is a subsidiary of IAI North America. ELTA North America plans to create 100 new high technology jobs over the next four years and has leased space in the county's growing Maple Lawn area, with plans to expand as the company grows. 

"In choosing Maryland, ELTA recognizes that we offer the right combination of a highly-educated workforce in technology and engineering, remain on the cutting edge of science and discovery, and provide easy access to key decision makers in the defense and homeland security community," said Governor Martin O'Malley. "We are pleased that ELTA will invest in Maryland – a reflection of our State's support for our growing high-tech industry, and affirmation that we are a leader in the nation's innovation economy." 

ELTA North America, leverages state-of-the-art technology from ELTA Systems Ltd., a world leading C4ISR company and a subsidiary of Israel Aerospace Industries Ltd. (IAI). 

Nissim Hadas, IAI vice president, president & CEO of ELTA Systems Ltd. and chairman of the board of ELTA North America spoke about his company's investment in Maryland and its plans for growth. "IAI and ELTA are embarking on a new strategy to synergize the efforts of ELTA Systems Ltd. and ELTA North America to provide field proven solutions and premier electronic system-of- system capabilities and support for the discriminating requirements and needs of our U.S. customers," said Hadas. 

"The opening of this new facility will enhance the Israeli defense industry's ability to pioneer cutting edge technology that will create more U.S. jobs, strengthen the deep U.S.-Israel alliance, and save lives," said Dr. Michael Oren, Israel Ambassador to the United States. 

IAI North America is the U.S. subsidiary of IAI Ltd. IAI North America is the parent ELTA North America in Fulton, MD and Stark Aerospace in Columbus, MS that focuses on UAS, electro-optics and aerostructures. 

Israel Aerospace Industries Ltd. (IAI) is Israel's largest industrial exporter and a globally recognized leader in defense and commercial markets. IAI provides unique and cost-effective technological solutions for a broad spectrum of needs in space, air, land, sea and homeland defense. 

Source IAI North America (PRNewswire)