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AEROSPACE & DEFENSE

Rafael CEO Yoav Tourgeman credit: Rami Zarnegar Rafael CEO unapologetic about laser defense delays

Yoav Tourgeman insists that Iron Beam will produce impressive results, is proud of Rafael’s $24.5 billion orders backlog, and insists an IPO is vital for the company’s future.

F-35 fighter jet credit: Lockheed Martin Israel’s enhanced F-35s performed impressively in Iran war

Although the F-35 is a US-made aircraft, the only country to have used it in particularly large-scale operational activities is Israel.

Attack drones credit: Shutterstock IDF to issue tender for 12,000 Israeli-made assault drones

The latest tender is part of a strategic change putting greater emphasis on drone warfare.

Arrow system credit: Ministry of Defense Spokesperson Israel to step up production of Arrow interceptor missiles

A ministerial committee has approved increased production of Arrow missiles, in a deal which will be worth billions to Israel Aerospace Industries.

Elbit Systems PULS artillery system credit: Elbit Systems Elbit Systems wins $750m Greek PULS deal

Security relations between Israel and Greece have strengthened significantly in recent years, including the export of air defense systems and more.

IAI CEO Boaz Levy credit: Yosef Yehoshua Boaz Levy to become Israel Aerospace chair

The IAI CEO, a consensus candidate of government ministers squabbling over the next chair, will head a search committee to find a new CEO.

Odysight.ai CEO Yehu Ofer Odysight.ai dual lists on TASE

The company says dual listing will expand its investors base, enhance trading liquidity, and increase accessibility for Israeli and international investors.

Iron Beam credit: IDF Spokesperson Rafael CEO: Iron Beam becoming operational

Yoav Tourgeman says he is confident the public will be favorably impressed by the air defense laser interception system’s performance.

Iranian underground missile base credit: Iranian media publication collected by Tal Inbar Iran’s underground missile bases immune to attack

Iran's resilience, despite the destruction of half of its launchers and ballistic missile stockpiles, rests on fortified missile bases built deep underground.

Frederic Landau credit: Karen Landau “There will be a boom in defense-tech in next decade”

“Globes” profiles defense-tech venture capital fund Kinetica general partner Frederic Landau, a former IDF intelligence commander, who seeks startups that “present a real technological leap.”

Iron Dome credit: Ministry of Defense Spokesperson VW in talks with Rafael to produce Iron Dome - report

Rafael is in advanced negotiations to convert a Volkswagen plant in Germany into a factory producing components for the defense system, “The Financial Times” reports.

Missile interception over Israel credit Shutterstock Yuri Gershberg Are there sufficient interceptors for the Iran war?

A new US Congress study sheds worrying light on the inventory of THAAD interceptors available to the US. And will there be enough Arrow 3s?

Missile hit in Arad credit: Israel Fire & Rescue Service “Interception is not 100% but percentages are very high”

Moonshot CEO Hilla Haddad Chmelnik, a member of the Iron Dome development team, is confident almost all Iranian missiles will be intercepted but stresses Israelis must take cover in protected spaces.

Yossi Cohen at the 2023 Globes Israel Business Conference  credit: Shlomi Yosef Ex Mossad chief, real estate moguls, investing in Aerodrome

The news that former head of the Mossad Yossi Cohen and Israel Canada controlling shareholders Barak Rosen and Asaf Touchmair are slated to join the investor group further boosted Aerodrome's share price.

Arrow 3 credit: Israel Ministry of Defense Israeli defense firms' orders backlog balloons to $80b

Local defense companies must balance domestic and foreign demand and must meet tight delivery schedules.

Bezhalel Machlis  credit: PR Elbit CEO: We don't wait for customers to define needs

Following strong fourth quarter results, Elbit CEO Bezhalel Machlis discussed the company's proactive business strategy at a TASE conference.

Aerodrome recruits new investors as share price soars

The Israeli UAV company, which was probed by the Securities Authority last year, has risen 830% from an all-time low.

Israel's air defenses in action   credit: Ministry of Defense How much is the war costing?

Each day of fighting costs an estimated NIS 1.5 billion in military expenditure, even before the direct and indirect civilian costs are taken into account.

Smart Shooter CEO Michal Mor credit: Shlomi Yosef Bringing air force precision fire to light weapons

Smart Shooter cofounder and CEO Michal Mor tells “Globes” about the recent IPO and the innovative capabilities the company’s smart sights provide rifles and machine guns.

Iron Beam credit: IDF Spokesperson What happened to Iron Beam?

Israel's vaunted and very expensive laser interception system should have secured its northern skies. In practice, it has hardly been deployed.

Elbot Systems Skystriker loitering munitions credit: Elbit Systems Israel overtakes UK in defense export rankings

Israel has overtaken the UK on the list of the world's largest arms exporters, according to SIPRI.

PULS Artillery rocket launcher credit: Elbit Systems Germany plans €6b Elbit PULS deal - report

The agreement for the rocket system may be ratified within the next year, “Bloomberg” reports.

Israeli missile strike in Tehran credit: Anadolu via Reuters Connect Israeli Rampage and Ice Breaker missiles wreak havoc in Iran

The missiles are effective at ranges between 150 and 300 kilometers.

Mikey Federmann credit: AI $40b Elbit becomes Israel’s most valuable co

The Israeli defense electronics company’s share price has quadrupled in the past two years.

Israel Air Force F35 aircraft  credit: Shutterstock/Andreas Zeitler Israeli F-35 downs Iranian fighter jet in historic dogfight

An Israel Air Force Adir fighter jet (F-35I) shot down an Iranian YAK-130 fighter jet above Tehran in the world's first-ever downing of a manned fighter jet by an F-35 fighter jet.

Michal Mor, co-founder and CEO of Smart Shooter  credit: Maya Havkin Smart Shooter raises NIS 200m in TASE IPO

The advanced gunsights developer and producer raised the money at a company valuation of NIS 640 million, before money.

BlueWhale credit: commons.wikimedia.org Israel Aerospace delivers unmanned sub to Germany

The BlueWhale autonomous submarine, was developed by the Israeli company in collaboration with German company Atlas, a subsidiary of ThyssenKrupp.

Spike anti-tank missiles credit: Rafael Spokesperson As Modi visits, Israel-India defense cooperation deepens

Ahead of Indian Prime Minister Narendra Modi’s visit to Jerusalem this week, “Globes” examines Israel’s defense industry exports to India and the potential new cooperation on the horizon.

Thyssenkrup submarine credit: Reuters Andy Clark (Canada Military Politics) Elbit teams with Thyssenkrup on submarine parts

As part of the collaboration, Elbit is inaugurating a production line for underwater GRP (glass-reinforced polyester) components for submarines.

Xtend drones credit: Xtend Israeli drone co Xtend to trade on Nasdaq at $1.5b valuation

The company has completed a reverse share merger with JFB Construction Holdings and has raised $152 million from investors including Eric Trump.

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