Aerospace & defense

The Israeli loitering munitions company has unveiled a new launch platform for its Hero 120 for combat helicopters.

Does the surge in European imports of Israeli defense systems give Israel leverage on the arms embargo being imposed on exports to Israel?

Ahead of the Paris Air Show later this month, the Israeli defense company has revealed details of the interception system including lighter and mobile versions.

Defense exports were up 11.7% last year and have doubled over the past five year, the Ministry of Defense reports.

The $310 million deal for the Spike missiles was signed in October 2023 with the Israeli company's Spanish subsidiary PAP Tecnos.

Elbit is the leading candidate to supply Morocco with 105mm and 120mm turrets for the armored personnel carriers it has procured from the Indian Tata Corporation, India's "IDRW" website reports.

The Israel Air Force has intercepted dozens of enemy threats, including drones, using the Iron Beam laser defense system, the Ministry of Defense has revealed.

The UUVs are being used by the IDF to analyze maritime threats in Israel's economic waters.

The funds will be used to expand production, especially in Europe, and R&D projects like laser weaponry.

If there are no unexpected problems the laser missile defense system will become operational towards the end of the year.

An Israeli delegation of 20 companies is taking part this week in the biennial DSEI international defense exhibition in Japan.

The laser missile defense system will be managed by the newly established Energy Warfare Administration in Rafael's Land and Naval Systems Division.

The backlog grew by $500 million in the first quarter to $23.1 billion.

Israel Aerospace Industries and Phoenix Underwriting have made a debt settlement proposal that will leave the former in control of the satellite company.

Trophy is designed to enhance the defense capability of tanks and armored vehicles against anti-tank missiles, UAVs, and other threats.

Having signed a huge NIS 14 billion deal to buy the Arrow 3, Germany is now eager to procure the Arrow 4, which is under development, "Hartpunkt" reports.

Pakistan claims intercepting 12 of the Israel Aerospace Harop drones launched into their territory by India.

Exclusive: Costing $1.5 million each, Lockheed Martin's JASSM cruise missile carries a 450 kilogram armor piercing warhead, and could be used to attack Iran.

To protect its territorial waters from Turkey, Greece could buy Israel Aerospace Industries Blue Whale autonomous underwater vehicles, Greek website "Epikaira" reports.

According to the Stockholm International Peace Research Institute, this was the largest jump in Israel's military expenditure since the Six Day War of 1967.

The aim of the all-Israeli collaboration is to create a synergy of proven capabilities in a world where drones have become a major threat.

Due to President Emmanuel Macron's antagonism, Israel is reducing its presence at the exhibition, Ministry of Defense International Defense Cooperation Directorate (SIBAT) head Yair Kulas tells "Globes."

UVision's partnership with Rheinmetall and IAI's partnership with MBDA will help equip the German Army with an arsenal of loitering munitions.

The reduction to zero for overseas procurement from US military aid and the cancelation of reciprocal procurement will hurt defense companies, which unlike IAI, Elbit and Rafael, do not have US subsidiaries.

The Israeli aerospace company's share price has risen 27.9% since the start of 2025.

The Israel defense electronics company will supply its advanced UT30 MK2 unmanned turret systems to General Dynamics European Land Systems (GDELS) to be supplied to a NATO European country.

The Israeli defense company's share price has risen 250% in the past three years since FIMI Opportunity Funds acquired control.

Amid rising regional tensions the US is bolstering Israel's air defense, Saudi state-owned TV channel Al Arabiya reports.

The Israeli company's virtual reality platform includes 50 AI generated scenarios, seven maps and even situations for operating night vision.

"I was close to death, but it sharpened my awareness of the products we develop for the IDF."