Elbit Systems chair through the genocide in Gaza
Elbit Systems chair through the genocide in Gaza · Person
David Federmann, son of Michael Federmann, has chaired the board of Elbit Systems since August 2023, after serving as vice chair, which puts him at the head of Israel's largest weapons maker throughout the assault on Gaza and the wars on Lebanon and Iran. Elbit's 2026 proxy credits him with the largest individual economic interest in the family chain, about 8.16% of Elbit; on the September 2026 market value used in this map that stake is worth roughly $2.7B. Under his chairmanship Elbit, which makes 85% of the Israeli Air Force's drones, reported 2025 revenue of $7.94B and in May 2026 won an Israel Ministry of Defense contract to develop external fuel tanks for the F-35I, so the jets can fly further. An Elbit Hermes 450 drone was used in the 2024 strike that killed seven World Central Kitchen aid workers in Gaza. The UN Commission of Inquiry concluded in September 2025 that Israel committed genocide in Gaza, and Francesca Albanese's July 2025 report names Elbit among the companies sustaining it.
● confirmed by a primary document · ○ reported
David Federmann holding an approximately 8.16% economic interest
David Federmann has served as chair of the Board since August 2023, after serving as vice chair
FEL also has ownership interests in Dan Hotels Ltd. (Dan Hotels), an Israeli hotel chain, Freiberger Compound Materials GmbH (Freiberger), a German company engaged in the supply of materials for the semi-conductor industry, and several financial, real estate and venture capital investments. David Federmann currently serves as chair of the board of Freiberger and as a member of the boards of directors of Dan Hotels, BGN Technologies Ltd. (the technology transfer company of Ben-Gurion University), and several other private companies.
He has served in various management capacities at Federmann Enterprises Ltd. (FEL), a privately-owned Israeli company, since 2000. FEL, directly and through subsidiaries, holds a diversified portfolio of investments, including ownership of approximately 41.5% of the Company’s outstanding shares.
David Federmann currently serves as chair of the board of Freiberger and as a member of the boards of directors of Dan Hotels, BGN Technologies Ltd. (the technology transfer company of Ben-Gurion University), and several other private companies.
FEL also has ownership interests in Dan Hotels Ltd. (Dan Hotels), an Israeli hotel chain, Freiberger Compound Materials GmbH (Freiberger), a German company engaged in the supply of materials for the semi-conductor industry, and several financial, real estate and venture capital investments. David Federmann currently serves as chair of the board of Freiberger and as a member of the boards of directors of Dan Hotels, BGN Technologies Ltd. (the technology transfer company of Ben-Gurion University), and several other private companies.
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