BRIEF-Elbit doesn't see drop in Israel, US defence budgets
May 20 (Reuters) - Elbit Systems (ESLT.O) (ESLT.TA):
* CEO does not see decline in Israel, U.S. defence budgets
* Elbit does not play any layoffs
* Elbit's growth outpacing defence industry, CEO says
(Reporting by Tova Cohen)
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