AEROSPACE & DEFENSE
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 wins Swedish tank ammunition deal
The Israeli defense electronics company has been awarded a contract worth $27 million by the Swedish Defense Materiel Administration, to provide ammunition for its Leopard Main Battle Tanks.
Investment law amendment costs Elbit $80m
The defense electronics company reported that its upcoming financial statement will include a one-time expense due to an amendment to Israel's Law for the Encouragement of Capital Investments.