Goodwill And Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets, Net

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

A.    COMPOSITION OF IDENTIFIABLE INTANGIBLE ASSETS:

	December 31, 2024		December 31, 2023
Original cost:
Technology	$	405,004	$	406,391
Customer relations	388,112		390,511
Trademarks and other	207,011		207,375
	1,000,127		1,004,277
Accumulated amortization:
Technology	272,035		259,956
Customer relations	176,702		162,728
Trademarks and other	196,630		191,073
	645,367		613,757
Amortized cost	$	354,760	$	390,520

B.    EXPENSES

Amortization expenses amounted to $34,206, $43,903 and $49,227 for the years ended December 31, 2024, 2023 and 2022, respectively.

C.    AMORTIZATION EXPENSES FOR FIVE SUCCEEDING YEARS

The estimated aggregate amortization expenses for each of the five succeeding fiscal years and thereafter are as follows:

2025		$	32,265
2026		32,719
2027		31,690
2028		28,316
2029		25,062
2030	and thereafter	204,708
		$	354,760

D.    CHANGES IN GOODWILL

Changes in goodwill during 2024 were as follows:

	Aerospace		C4I and Cyber		ISTAR and EW		Land		ESA		Total
Balance, at January 1, 2024	$	63,188	$	316,655	$	133,228	$	571,866	$	414,128	$	1,499,065
Sale of a subsidiary (1)	—		—		—		(3,211)		—		(3,211)
Net translation differences (2)	(2,333)		—		(2,936)		—		—		(5,269)
Balance, at December 31, 2024	$	60,855	$	316,655	$	130,292	$	568,655	$	414,128	$	1,490,585

(1)See Note 1D(1).

(2)Foreign currency translation differences resulting from goodwill allocated to reporting units, whose functional currency has been determined to be other than the U.S. dollar.