UAV

In November, Elbit lost its largest arms contract, worth over $2.5 billion, after the Ministry of Defence scrapped a drone program with Elbit subsidiary UAV Tactical Systems.

"Intelligence failure, poor coordination, and inadequate operator training are some of the reasons for erroneous strikes. The rapid deployment of UAV technology often outpaces the development of proper training and engagement protocols for military personnel," Mr Martin added.

Following the merger, UAV filed a second amended complaint claiming that Trump and other defendants improperly imposed a “lock up” provision preventing UAV from selling its shares in the public company for six months.

Zurn noted that UAV was on notice about the lockup provision on Feb. 12 as the result of a filing that day with the Securities and Exchange Commission.

UAV also wanted Zurn to fast-track arguments on its request for an “anti-suit injunction” prohibiting Trump Media from pursuing a Florida lawsuit against UAV.