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Aerospace & defense

LORA  / Photo: Wikibob IAI successfully trials LORA ballistic missile

Israel Aerospace has successfully completed a dual operational firing trial with LORA (Long Range Artillery Weapon System).

Nimrod Sheffer Photo: PR IAI presents improving profitability

Israel Aerospace Industries tripled its first quarter operating profit, although profit remains low in relation to sales.

Bezhalel Machlis  / Photo: Elbit Systems PR, PR Elbit reports stronger revenue, profit, record backlog

The Covid-19 crisis had no effect on the Israeli defense electronics company in the first quarter.

Magal CEO Dror Sharon  / Photo: Eyal Izhar, Globes FIMI bids to raise Magal stake to 80%

The $25.6 million offer for 8,669,029 shares would increase FIMI's stake in the Israeli security systems company from 42.6% to 80%.

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