Elbit’s Cyberbit hones military technology for commercial market

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RAANANA, Israel (Reuters) – Israeli defense electronics company Elbit Systems forecasts double-digit growth for its Cyberbit business, which is transforming the technology it has long provided for military intelligence to the fast-growing commercial market. Cyberbit took shape after Elbit’s $150 million acquisition of the cyber and intelligence unit of Israel’s Nice Systems in 2015, blending Nice’s technology designed for law enforcement and intelligence agencies with Elbit’s military-focused