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Elbit Systems

17 stories about Elbit Systems

AI Week kicks off to celebrate artificial intelligence progress
07.02.22|James SpiroThe three-day conference is highlighting how AI technology is revolutionizing business strategy, policy, and future development
Elbit Systems seals $53 million contract with UAE to supply aircraft and self-protection systems
03.01.22|James SpiroThe DIRCM system will be under contract for five years for the UAE Air Force
Elbit awarded $106 million contract to supply automatic gun systems to Asia-Pacific country
15.11.21|CTechOver the past week, the defense powerhouse has also announced a $74 million deal for airborne munitions with South Korea and a $100 million deal with the UK Royal Navy for electronic warfare
Elbit Systems spin-off Beyeonics raises $36 million
04.10.21|James SpiroThe Beyeonics subsidiaries leverage imaging and head-mounted display technologies developed by Elbit to be used in aerospace applications
Elbit seals $1.65 billion deal with Greek air force
18.04.21|Udi EtsionThe Israeli company, under contract by the Ministry of Defense, will build and operate a flight training center, provide Greece with 10 M-346 Italian aircraft, and upgrade existing aircraft
Israel's defense industries owed NIS 1 billion by country
30.03.21|Udi Etsion The absence of a budget and the delay in the approval of the IDF's multi-year plan are preventing the transfer of funds from the Ministry of Defense to Israel Aerospace Industries, Elbit and Rafael
Elbit’s fantastic Covid-19 year: $4.7 billion in revenues, $11 billion in new orders
24.03.21|Udi EtsionThe company’s 2020 net income rose by 4.3% to $238 million. “I’m hoping for political stability in Israel which will enable us to receive approval for our multi-year defense contract with the military, and the Ministry of Defense to pay off its debts,” says CEO Betsalel Machlis
Israel and U.S. to develop Arrow-4 ballistic missile shield
18.02.21|Udi Etsion and ReutersIsrael Aerospace Industries to serve as prime contractor alongside Elbit Systems and Boeing
Elbit Systems secures $166 million deal with UK Royal Navy
11.01.21|Udi EtsionThe contract, that runs over a 12-year period, will see Elbit aid in the transformation and modernization of the shore-based training of the Royal Navy including the establishment of the Future Submarine School
Elbit Systems records $60 million in write-offs due to Covid-19
26.10.20|James SpiroThe company had a tough quarter due to the reduced demand for aviation products, but still saw profits jump
Cyber, defense and water projects: Israeli companies have made billions working in the UAE
16.08.20|Golan HazaniCompanies like Logic, IAI, Elbit, and Tahal didn’t wait for official ties and have been doing business with the Gulf state for years
Elbit Systems gets $53 million contract to provide intelligent suites to Southeast Asian Navy
01.07.20|James SpiroThe contract, which will last two years, also includes training services for the sailors onboard
BIRD Foundation to Invest $6.4 Million in Seven Israeli Cleantech Projects
19.12.19|CTechBIRD provides a matchmaking service between U.S. and Israeli companies as well as financial support. The foundation has invested more than $350 million in 1,000 projects to date
Israeli Defense Contractor Elbit Successfully Launches its First Nanosatellite
18.12.19|Elham Nasser Eddin Planned for commercial purposes, NANOVA hosts a UHF communication payload providing a direct satellite link for data, voice and text messaging
Elbit Systems Announces $167 Million Aerial Surveillance Deal With Unnamed Asia-Pacific Country
14.11.18|Hezi SternlichtEarlier this month, Elbit reported a $68 million deal to supply maritime unmanned aircraft to countries in the European Union
Elbit Systems Announces $173 Million Deal to Supply Naval Weapon Stations to an Asia-Pacific Country
20.09.18|CTechThe lightweight stations, which feature a 12.7mm machine gun and a modular electro-optic suite, will be installed onboard a wide range of navy and coast guard vessels
Elbit Reports Hike in Order Backlog as Governments Increase Defense Spending
14.11.17|Asaf ShalevThe defense electronics maker reported higher third quarter net income and more orders in its backlog

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