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Elbit Systems Announced UK subsidiary Sells Ferranti’s Power and Control Business to TT Electronics for ~$12M in Cash

Elbit Systems Ltd . (NASDAQ:ESLT and TASE: ESLT) ("Elbit Systems" or the "Company") announced today that its UK subsidiary, Elbit Systems UK Ltd. ("Elbit Systems UK"), has sold the Power and Control Business of its subsidiary Ferranti Technologies Ltd. ("Ferranti"), to TT Electronics (UK) Plc.

ESLT