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ELBIT SYSTEMS OF AMERICA'S SUBSIDIARY, SPARTON DE LEON SPRINGS, LLC, COMPLETES PURCHASE OF LOGOS TECHNOLOGIES LLC

De Leon Springs, Florida – Nov. 2, 2022 – Elbit Systems of America’s (Elbit America) subsidiary Sparton De Leon Springs, LLC (Sparton), has completed the purchase of Logos Technologies LLC (Logos) – a diversified science, engineering and technology company with more than 25 years of experience specializing in the fields of advanced sensors, wide-area motion imagery, advanced analytics and processing of large, multisource datasets in support of defense, intelligence community and homeland security customers.

“Logos has a deep technology portfolio and enjoys significant engineering capabilities that are relevant and synergistic with Elbit America and Sparton,” said Raanan Horowitz, Elbit America’s President and CEO. “In agreement with Sparton, Logos’ engineers – who possess tremendous software, artificial intelligence, embedded design and optical engineering experience – will support the broader Elbit America portfolio, and broaden Elbit America’s ability to respond to customer requests for solutions that mitigate emerging, ever-more sophisticated threats.

Logos will operate as a wholly owned subsidiary of Sparton.

“Logos’ technical talent will be invaluable as we pursue distributed maritime operations,” said Tracy Howard, Sparton’s President and CEO. “In addition, Logos’s production and lab facilities in Northern Virginia and its engineering offices in North Carolina’s Research Triangle offer new geographic markets for our combined operations, where we can attract and employ top engineering talent.”

Logos president John Marion will continue to lead Logos.

"We are very excited to join the Elbit Systems of America team," said John Marion, President of Logos Technologies. "They are a major player in the defense and homeland security industry, and the Sparton purchase gives us access to new resources, connections, and contracts, giving our solutions greater reach."