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AEROSPACE & DEFENSE

Harel Locker  / Photo: Eyal Izhar, Globes Israel Aerospace to lay off 900, as CEO quits

Nimrod Sheffer is stepping down after two years as sources inform "Globes" that IAI's Aviation Group will cut 900 out of 5,000 jobs.

El Al Naval Intelligence System  / Photo: Elbit Systems PR, PR Elbit Systems awarded $53m Asia naval intelligence deal

The Israeli defense electronics company will equip several vessels with suites that provide the capability to perform complex reconnaissance missions.

Drone Guard  / Photo: IAI-ELTA IAI adds Iron Drone intercepting drones to Drone Guard

Israel Aerospace's anti-drone system will add the interception capabilities to its advanced radar detection systems.

DHL Cargo  / Photo: PR IAI to convert Boeing 767-300s to cargo planes for DHL

Israel Aerospace will convert three more passenger planes to cargo planes for the German parcel company, with an option for a fourth.

Elbit Netanya Industrial Zone  / Photo: Bar Al, Globes Elbit Systems wins $38m T-6 Israel Air Force deal

Elbit will provide Israel's Ministry of Defense with operation, maintenance and logistic services for the Textron T-6 trainer aircraft fleet over five years, with an option for a further five years.

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