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Aerospace & defense

Elbit's Lizard Systems Credit: Elbit Systems Three Israeli defense cos in "Defense News" top 50

Elbit Systems, Israel Aerospace and Rafael had combined revenue of $11.7 billion in 2021.

Rockets intercepted over Ashkelon Credit: Amir Cohen Reuters Improved Iron Dome sharpens foreign interest

Though costly, Iron Dome saves the Israeli economy billions, and Russia's invasion of Ukraine has made Europe take notice.

Spacecom's Amos 17 satellite credit: PR Ministry mulls allowing Hungary's 4iG to buy 20% of Spacecom

The Ministry of Communications objected to the original agreement between Spacecom and 4iG for the sale of 51% on security grounds.

High tech  credit: Shutterstock Israel's tech services exports down in May

The decline reflects the economic slowdown in destination countries.

Gili May Credit: Eyal Izhar IAI recruitment campaign reaches 4m on social media

CRO Gili May told the Globes MAD conference about Israel Aerospace's controversial campaign, which criticized rivals and stressed the importance of IAI.

Israel Aerospace special mission aircraft Credit: IAI IAI signs $200m special mission aircraft deal with NATO country

Israel Aerospace Industries's special mission aircraft, which provide a strategic edge, are already active in Israel and in many other countries around the world.

Elbit unit wins Boeing 737 night vision deal

Universal Avionics CEO Dror Yahav: The ability to allow aircraft to operate in conditions well below published minimums is a game-changer.

Bezhalel Machlis  / Photo: Elbit Systems PR, PR Elbit Systems wins $660m European intelligence deal

The contract will be undertaken over four years and includes an additional ten-year maintenance period.

Ishay Davidi Credit: Eyal Izhar FIMI completes acquisition of Ashot Ashkelon

FIMI has paid Elbit Systems $84 million for an 85% stake in the company.

Bezhalel Machlis  credit: Assaf Shilo/Israel Sun Elbit Systems reports two Asia-Pacific deals worth $768m

The Israeli defense electronics company has reported combat networked warfare capabilities and airborne precision munition solutions deals.

Arrow 3 Germany rearms with Israeli weapons

As Russia’s invasion of Ukraine spurs the German government to rebuild its military, Israel offers much of what it lacks.

RADA Credit: PR Stock market unimpressed by RADA merger

Despite claims that Leonardo DRS is buying the Israeli defense company at a 34% premium, RADA's share price has fallen.

Dov Sella Credit: Shlomi Yosef RADA to be first Israeli defense co with US owners

The sale of the tactical radar developer means huge returns for its shareholders, and under foreign ownership, will set a precedent for other small Israeli defense companies.

Radar supplied by RADA to US Army  credit: US Army Leonardo DRS buys Israeli radar co RADA at 34% premium

The merger with Arlington, Virginia-based Leonardo DRS will leave RADA shareholders with 19.5% of the combined defense company.

NSO Group Credit: Shutterstock US defense co L3Harris in talks to buy NSO - report

The sixth largest supplier to the US defense authorities is negotiating to acquire the Israeli spyware company, "Intelligence Online" reports.

Green Lotus Credit: Israel Aerospace Industries IAI unveils multi-mission, multi-sensor system

Israel Aerospace's Green Lotus is a tactical system designed to provide high performance counter-rocket, artillery and mortar (C-RAM) and air and ground surveillance.

Elbit Systems Elbit wins $69m Asia-Pacific electronic warfare deal

The Israeli defense electronics company will deliver the contract over three years.

Yariv Bash  credit: Eyal Fischer It's a bird, it's a plane, it's... dinner

Yariv Bash's Flytrex has grown to be the largest drone delivery company in the US, leaving even Amazon and Google behind.

Bezhalel Machlis  credit: PR Elbit Systems dips as profit disappoints

Stock-based compensation cut into the defense company's bottom line. CEO Bezhalel Machlis: Elbit is well positioned to benefit from acceleration in defense budget growth.

Israel Aerospace aircraft maintenance Credit: IAI IAI Q1 net profit jumps 86%

First quarter sales grew by 18% to $1.2 billion, and the company's orders backlog reached $14 billion.

IAI Alpha Radar System Credit IAI IAI, Hyundai to supply Philippines with naval radar systems

Israel Aerospace Industries (IAI) and Hyundai Heavy Industries have signed an agreement to supply the Philippine Navy with IAI’s ALPHA 3D Radar Systems.

F-35 Credit: Lockheed Martin Israel ranked as world's eighth largest nuclear power

According to a report published by the American Federation of Scientists, Israel has 90 nuclear warheads.

Qumra Capital   credit: PR Qumra Capital makes bid for NSO unit Convexum

Qumra Capital has submitted an offer to Convexum's trustee to inject tens of millions of dollars into the drones defense technology company.

Eytan Stibbe   credit: Ori Burg Israeli astronaut Eytan Stibbe reaches Int'l Space Station

Businessman and former Air Force pilot Stibbe is part of the first commercial space mission by Axiom Space.

German Chancellor Olaf Scholz Photo: Shutterstock Germany to arm UAVs leased from Israel

The German government has decided to arm the unmanned aerial vehicles (UAVs) that it leases from Israel with missiles manufactured in Israel, the German media reports.

Elbit night vision systems Photo: Elbit Systems Israel ranked as world's 10th biggest arms exporter

Israel exported 2.4% of the total weapons systems exported in 2021, reports the Stockholm International Peace Research Institute (SIPRI).

Bezhalel Machlis  credit: Assaf Shilo/Israel Sun Elbit Systems posts "solid year"

CEO Bezhalel Machlis: We're well positioned to benefit from the growth in the defense sector around the world.

Iron Dome Photo: Tamar Matsafi UAE, Bahrain, Morocco seek Israeli missile defense systems

Iron Dome, the Green Pine radar system and the Arrow system for defense against ballistic missiles, were mentioned at the Negev foreign ministers summit as possible procurements.

Arrow 3 Photo: Ministry of Defense German delegation in Israel to discuss Arrow procurement

Bundestag defense committee chair Marie-Agnes Strack-Zimmermann told DPA, "The Israelis have working systems and everything must be done quickly."

Elbit Systems SIGMA howitzer  credit: Elbit Systems Elbit Systems wins $130m artillery munitions deal

Elbit Systems will build a turnkey industrial complex for enhanced manufacturing of artillery munitions for an Asia-Pacific country.

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