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Stop CPP investments in firms selling military, police, spy or prison-related products to Israel
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Investments in Elbit by other
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|Total = $3,288,000|
However, Elbit’s "knowledge, skills, capabilities and innovation" are almost exclusively devoted to refining the technologies of war. In fact, only 5% of Elbit’s business is non-military.
With annual military revenues weighing in at US$2.5 billion, Elbit currently ranks as the world’s 33rd largest military contractor.
Although Elbit’s weapons systems are extensively used by Israel’s military forces, they are also widely exported. One of its foreign customers, the US government, purchased US$560 million worth of Elbit’s products between 2000 and 2009. Of these, 100% were for US military departments and agencies.
In amazing disregard for what Elbit actually produces (and how Israel uses them), the Ethisphere Institute ranked Elbit as the single most ethical foreign firm dealing with the US government in 2008.
Urged on by Israel’s then-Deputy Defence Minister, Shimon Peres, the company began in 1966 as Elbit Computers Ltd. It was a joint venture between the Israeli military’s Research Institute and Elron Electronic Industries, which was founded by a former Motorola employee and funded by Israel’s Discount Investment Corp. (DIC). (See Motorola in table "CPP Investments.")
Through a subsidiary, Cyclone Aviation Products, Elbit upgrades many varieties of warplanes (including the F-4, F-5, F-15, F-16 and MiG-21 fighter aircraft), military helicopters (such as the CH-53, AH-1W, Super Puma) and the V-22 tiltrotor aircraft. The Israeli Air Force arsenal includes all of these except the F-5, MiG-21 and Super Puma, while the V-22 is near the top of Israel’s shopping list.
Elbit produces "Hermes" 450 and 900 drones. Israel has used these unmanned aerial vehicles for reconnaissance and air strikes in the West Bank, Gaza, Lebanon (2006) and Sudan (2009).
Elbit also makes electronic systems for air-, land- and sea-based weapons, including Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance systems, electro-optics and electronic warfare systems.
Other Elbit products used by Israel’s military include:
lComputers, helmet-mounted systems and display systems for F-16s.
lAdvanced combat training systems for fighter aircraft.
lLight trainer aircraft.
lFire control systems and thermal imaging sights for weapons in Israel’s main battle tanks.
lSupport services for warplanes and helicopters (repair, maintenance and spare parts).
lEnhanced tactical computers for armoured vehicles, howitzers and mortars, multiple-launch rocket systems and attack helicopters.
lSkylark, a "highly-covert" drone that "supports open area as well as urban warfare scenarios," and is "battle-proven" by Israel’s military, as well as in Iraq and Afghanistan.
lBattle management systems for sensors and weapon systems within combat-vehicles.
lCutting-edge laser systems for air, ground and naval uses that "have been tested and proven in combat for more than three decades."
lLaser designators/rangefinders for ground, naval, aircraft and unmanned aerial platforms.
lGround-based payloads, for day-and-night scanning, tracking, range measurement, aiming and targeting.
lThermal imaging systems. These electro-optical, infrared, night-vision technologies fulfil surveillance tasks for air, sea, ground, "homeland defense and anti-terror applications." Elbit’s products include cameras, long range sensors, clip-on night sights, elbow sights and night-driving systems.
Data obtained by the Coalition to Oppose the Arms Trade (COAT) from the "Government Contracts USA Defense Department" database, shows that between 2001 and 2003, an Elbit subsidiary supplied components for AH-64 "Apache" helicopters. Elbit’s electro-optical subsidiary, Elop Ltd., received about US$1.2 million in contracts from US Aviation and Missile Command to provide a various electrical and electronic components for AH-64s. The US exported this variety of attack helicopter to Israel which has then used them in attacks on Lebanon (2006) and Gaza (2008-2009).
Elbit is also one of two suppliers of the electronic detection fence which is part of Israel’s separation barrier in the occupied West Bank. Two of Elbit’s subsidiaries, Elop and Elbit Security Systems (Ortek), supplied the Long-Range Reconnaissance and Observation System (LORROS) surveillance system for the Ariel and A-ram sections of the separation barrier. (LORROS uses cameras made by Sony. (See Sony in table "CPP Investments.") Elbit is also involved in building the Masu’a system to monitor the Jerusalem Envelope section of Israel’s separation wall. To get this contract, Elbit teamed up with Detekion, a US firm.
COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
To read COAT's research on the first half of
these 68 companies, click the pdf links below
to see the print version of Issue 66. Or, click
each company name for the web version.)
(Articles on the second set of 34 companies
are in Issue #67 of Press for Conversion!):
pdf 3M Co
pdf Amdocs Ltd
pdf Analog Devices Inc
pdf BAE Systems
pdf Bank Hapoalim
pdf Bharat Electronics Ltd
pdf CAE Inc
pdf Carlyle Group
pdf Caterpillar Inc
pdf Cellcom Israel
pdf Cisco Systems
pdf CRH plc
pdf Daewoo Engineering & Construction
pdf Daimler AG
pdf Delek Group
pdf Dell Inc
pdf Discount Investment Corp
pdf Doosan Corp
pdf Eaton Corp
pdf Elbit Systems
pdf EMC Corp
pdf Evraz Group
pdf Fiat Industrial
pdf Fiat SpA
pdf Fujitsu Ltd
pdf Hewlett-Packard Co
pdf Hitachi Ltd
pdf Honeywell International
pdf Hyundai Motor Co
pdf Hyundai Heavy Industries
Additional resources from this issue:
Israeli Spy Companies:
Verint and Narus
State-owned Israeli War
Vertex Venture Capital:
CPP Investments worth $1.5
in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.
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Elbit Systems Ltd.
Top 100 Defense Contractors, Defense News
Contracts to Elbit Systems Ltd.
5 Best Foreign Company Ethics Programs
Elron Electronic Industries
Unique Aerospace Prowess, Israel’s Ministry
of Industry, Trade and Labor
Elbit Systems Awarded $20 Million Follow-On
Contract for Israeli Air Force’s PFI ‘Snunit’ Trainer Aircraft Operation
Program, Feb. 22, 2010
Advanced Combat Training System
Services & Privatization
Ruggedized Tactical Terminals
Skylark® I LE - Mini UAS
Battle Management Systems
Thermal Imaging Systems
Government Contracts USA Defense Dep’t