Luke Savoie, formerly president of intelligence surveillance and reconnaissance at L3Harris Technologies (NYSE: LHX), has been chosen by the board of directors at Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary to succeed retiring President and CEO Raanan Horowitz.
Horowitz will step down from the dual role on March 31, 2024, after a 34-year career at Elbit Systems of America and will work closely with Savoie, who will join the Texas-based defense contractor at the end of August 2023, to ensure a smooth transition, the company said Tuesday.
Savoie has held sector leadership roles during his nearly eight-year tenure at L3Harris. He previously served as director of programs at Sierra Nevada Corp. and senior vice president of business development at ForceX.
The U.S. Air Force Academy graduate served as gunship aircraft commander and U-28 instructor pilot at Air Force Special Operations Command.
