Aerospace & defense

Prime Minister Benjamin Netanyahu has called for additional defense spending of NIS 400 billion over thirteen years.

Under a five-year, $1.63 billion contract, Elbit Systems will supply a range of advanced systems to the Serbian military.

The Blue Spear is based on the Gabriel missile and can be deployed in all weather conditions and at all times of the day.

The IMS Drakon is the biggest submarine built in Germany since the Second World War.

The prime minister’s jet will not be able to land in foggy and hazardous weather conditions because Ireland insisted Dassault remove the key system because of its Israel boycott.

2,596 shipments of weapons, ammunition, parts and components were transferred from India to Israel between October 2023 and November 2025, Amnesty International reports.

As Ondas global president, David Barnea will support Ondes’ international strategy and relationships with defense customers, technology companies and strategic partners.

A report by Israeli recruiting firm GotFriends finds that while software firms are adjusting to AI with layoffs, defense-tech job vacancies are up 20% while salaries are comparable with other tech sectors.

Israel’s €3.5 billion sale of a multi-layered air defense system to Greece reflects the development of a regional alliance against Turkey.

The deal for multi-layered air defense systems surpasses Israel’s previous record $3.5 billion sale of Arrow missiles to Germany in 2023.

The Israeli company proposes to take 9-12 Hermes 650 UAVs, and adapt existing naval platforms to operate them including the deck, control systems and mission management.

The orders are from US Customs and Border Protection. Meanwhile, subsidiary Elbit Systems UK is displaying its wares at the Farnborough Air Show.

Smart solutions are being sought to turn the Volkswagen plant in Osnabrück into a Rafael plant to produce trucks for Iron Dome, German business magazine ‘WirschaftsWoche” reports.

The move would expand the Israeli defense company’s participation in the Make in India program and enhance the production and supply chain of interceptor missiles, India’s NDTV reports.

Matrix IT is paying NIS 73 million for 80% of the Tsipori-based company, which which integrates power systems and electro-mechanical components.

LADRS, battle proven in Gaza and Lebanon, is a joystick-free drone control system that lets combat soldiers operate drones without taking their fingers off their rifle’s trigger.

Senior Vietnamese officials met with companies that were allowed to exhibit at the French exhibition and some that were not, “Intelligence Online” reports.

The company raised NIS 19 million at a valuation of NIS 102 million.

Traysar, which has developed machines for use against terrorist tunnels and underground installations, has raised $25 million.

“Globes” has learned that the NIS 21 million deal is for hundreds of advanced drone detection radar systems to be deployed in the Lebanese border region.

The innovative US military technology company’s cofounder and CEO Brian Schimpf will lead a delegation of executives to discuss collaborations with Israeli companies and the Ministry of Defense.

The deal for the Spyder system, worth over €2 billion, is the second largest defense sale ever by an Israel company, after IAI’s Arrow 3 deal with Germany for $3.5 billion.

Stratos Ventures has raised $50 million of a planned $80 million, and has former senior US security personnel among its partners.

Amir Abulafia, who headed the Israeli army planning directorate, will also be interviewed next week by Anduril’s founders.

Rami Levy Chain Stores holds a 30.5% controlling stake in the loss- making autonomous drones company which aims to raise NIS 19 million.

The innovative US military technology company wants Amiram Norkin to lead local operations, which will include an Israel production plant, “Globes” has learned.

Ondas Autonomous Systems president Meir Kliner told the annual defense conference held by the Amit Pollak Matalon (APM) law firm that there is no longer room for individual solutions.

Qatar’s sovereign wealth fund, which has a 17% stake in Volkswagen, is delaying the deal to convert the ailing Osnabruck plant into a production line for components of Rafael’s Iron Dome, “Reuters” reports.

The innovative US military technology company is set to appoint a head of operations in Israel but has not yet decided whether to expand organically or through an acquisition.

An Israeli delegation led by Government Companies Authority deputy head Maayan Harel will visit New York next month to investigate the possibility of the flotation of defense companies on Nasdaq.