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Elbit Systems acquires Canadian underwater tech firm
Original: "Elbit Systems today announced it has acquired International Submarine Engineering Ltd., a Canadian company that has rec
Israeli defense company Elbit Systems announced it has acquired International Submarine Engineering, a Canadian firm specializing in underwater vehicles. The company has previously received Canadian federal government contracts and close to $1 million in federal grant funding. Critics are highlighting that Canadian public money supported a firm now absorbed by an Israeli arms manufacturer, amid ongoing scrutiny of Elbit's defense work.
Why now: The deal draws attention because a publicly funded Canadian company is being bought by an Israeli defense contractor.
Elbit SystemsInternational Submarine EngineeringCanada
Evidence
- "Elbit Systems today announced it has acquired International Submarine Engineering Ltd., a Canadian company that has received federal government contracts and nearly $1 million in federal grant funding." ββββββββββββββββββββ Title: Israeli Arms Dealer Elbit Systems Acquiresβ¦ Β· admin@archive.harmscommitted.com Β· 1
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