Luke Savoie
Luke Savoie has been appointed as the new president and CEO of Fort Worth-based Elbit Systems of America, succeeding Raanan Horowitz, who served for two decades.
Savoie joined Elbit America in 2023 as president and CEO-elect where he worked closely with Horowitz to ensure the company’s continued growth and success, while becoming familiar with the company’s team and culture. Savoie has a strong track record as a leader and innovator, with extensive experience in the defense and aerospace industry, the company said.
“We’re grateful to Raanan and thankful for the decades of service he devoted to Elbit America—especially the 16 years serving as president and CEO,” Robert Johnson, chairman of the board of Elbit Systems of America, said in a statement. “Under his leadership the company experienced tremendous success and growth—both acquisitively and organically—from about $500 million in revenue when Raanan’s tenure began, to more than $1.4 billion in 2022.”
Horowitz will continue to support Elbit America as executive advisor until his retirement on March 31, the company said.
“It is an honor to lead Elbit America—a company renowned for its excellence, ethics and innovation,” Savoie said in a statement. “I’m excited to move into this next phase and help our talented workforce innovate new solutions to meet our customers’ most challenging needs. “
Elbit Systems of America is a U.S.-based wholly owned subsidiary of Elbit Systems Ltd., a global source of innovative, technology-based systems for diverse defense and commercial applications.
In September, Collins Elbit Vision Systems (CEVS), a joint venture between RTX business Collins Aerospace and Elbit Systems of America, was awarded a contract by the Naval Air Warfare Center Aircraft Division for development, engineering, logistics and test support of the newly formally introduced Zero-G Helmet Mounted Display System+.
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R E A D N E X T
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The Zero-G Helmet Mounted Display System+ from Collins Elbit Vision Systems—a joint venture between Fort Worth-based Elbit Systems of America and RTX business Collins Aerospace—gives 21st-century Navy pilots "an augmented view of the battle space" for "faster decision making, increasing survivability, and effectiveness."
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