Aerospace & defense

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

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

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

The decline reflects the economic slowdown in destination countries.

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

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

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

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

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

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

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

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.

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

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

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.

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

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

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.

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

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

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

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

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

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.

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

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

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.

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

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