AEROSPACE & DEFENSE
Magal awarded $8m East African deal
The company says that most of the order consists of follow-on orders to maintain systems for detecting penetration of an important seaport in the region.
Elbit Systems wins $153m Asian drone deal
The Israeli defense electronics company will provide the army of a southeast Asian country with a comprehensive, multi-layered array of Unmanned Aircraft Systems over 22-months.
Hapoalim downgrades Elbit Systems
Bank Hapoalim has changed its recommendation from "Market outperform" to "Market perform," but raised its target price for the stock to $170.
Israel readies for quantum leap
An industrial and academic consortium aims to provide the knowledge infrastructure for quantum-based military and civilian developments.