Elbit Systems reorganizing its Cyberbit Solutions subsidiary

By Richard Tomkins  |  Sept. 19, 2017 at 3:23 PM
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Sept. 19 (UPI) -- Israel's Elbit Systems is reorganizing its Cyberbit Solutions subsidiary -- merging business areas into Elbit's Land and C4I division.

The reorganization will take effect on Jan. 1, the company announced in a news release Monday.

"We are witnessing substantial growth in both the defense cyber and commercial cyber sectors and we anticipate to further broaden the activities of each sector separately," Bezhalel (Butzi) Machlis, president and chief executive officer of Elbit Systems said in the release. "The reorganization will enable us to better deal with future challenges of each growing market, to best match our offerings and to position ourselves as global leaders in each field."

Under the reorganization plan, Cyberbit's Solution's defense Cyber Intelligence and Cyber Security business will be wrapped into Elbit Systems. Cyberbit's commercial cyber business will continue to operate under Cyberbit.

Elbit said modern battlefield requirements are shifting -- from C4I (command, control, communications, computers and intelligence) to C5I, with the addition of the cyber dimension. The company restructuring reflects a growing demand for cyber security and cyber intelligence in the defense sector.

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