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Ilya Sutskever’s Safe Superintelligence eyes $2B funding as Israeli team quietly grows
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Armis acquires Otorio for $120 million in latest move toward IPO
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Defense
20 stories about Defense
Israeli Regulator Signs Off on Rafael-Aeronautics Deal
04.08.19
|
Golan Hazani
The acquisition of the Israeli drone maker by defense contractor Rafael and partner Avihai Stolero was approved by Rafael's board in April, but Israel's Government Companies Authority had concerns regarding the ownership split between the partners and the high valuation given to the struggling company
Israeli Defense Contractor IAI to Lay Off Hundreds of Employees
22.07.19
|
Amitay Gazit
A previous agreement with the workers’ union, which expires in August, saw the state-owned company lay off 830 people and cut pay by 4%
Aeronautics-Rafael Deal Jammed by Regulatory Concerns
08.07.19
|
Golan Hazani
The acquisition of Israeli drone maker Aeronautics by defense contractor Rafael and partner Stolero was approved by Rafael's board in April, but concerns have been raised about the high valuation given to Aeronautics and the proposed ownership structure
Lockheed Martin Lands $42 Million Contract to Operate Israeli Air Force F-35 Training Center
11.06.19
|
Adi Pick
As part of the agreement, the company will recruit around twenty-five new employees from the country’s southern region
Rafael to Inaugurate Be’er Sheva R&D Center Tuesday
27.05.19
|
Udi Etsion
First announced in 2017, the new center will focus on ground and airborne autonomous systems as well as cybersecurity
Elbit, Finland’s DA-Group Partner to Manufacture and Market Secure GPS System
29.04.19
|
CTech
Called iSNS, the system is compatible with land, sea, and airborne applications and can be installed as an add-on kit
Elbit to Acquire Harris' Night Vision Business for $350 Million
07.04.19
|
Golan Hazani
The Nasdaq and Tel Aviv-listed defense contractor completed its $484 million acquisition of Israel-owned arms manufacturer IMI in November
Defense Ministry Suspends Export License of Interception Company Ability Subsidiaries
27.03.19
|
Adi Pick
The defense ministry suspended the export and marketing licenses of the two companies due to “violations of the defense export control law”
Israel’s Bank Leumi Sells Aeronautics Stake to Aaron Frenkel for $11.5 Million
14.02.19
|
Golan Hazani
Aeronautics gained over 60% on the exchange since Frenkel started buying its stock in December
Israel Reinstitutes Export License of Probed Drone Maker Aeronautics
04.02.19
|
Lilach Baumer
In 2017, the Ministry of Defense halted Aeronautics' license to export a loiter munition UAV system to an unnamed client
Israel’s Ministry of Defense Set to Pose Sanctions on Aeronautics CEO
27.01.19
|
Golan Hazani
The Israeli drone maker and several of its executives have been under investigation for violations of the Israeli defense export controls law and for insider trading since 2017
Elbit Systems Awarded $333 Million Ammunition Contract from the Israeli Ministry of Defense
06.01.19
|
Hezi Sternlicht
The Nasdaq and Tel Aviv-listed defense contractor recently completed the acquisition of Israeli government-owned weapons maker IMI
Aeronautics, Rafael to Collaborate on UAV
03.01.19
|
Hezi Sternlicht
Aeronautics and many of its top executives have been under investigation by Israeli Police and the country's securities authority since September 2017
Britain’s HSBC Delists Investment in Israeli Defense Contractor Elbit, Reports Say
30.12.18
|
Lilach Baumer
Elbit says it has not received any such announcement from the British Bank. Campaigners framed the decision as a Pro-BDS win
Three Israeli Companies Ranked Among Top 100 Global Weapon Sellers
20.12.18
|
Amitay Gazit
According to data collected by SIPRI, a Stockholm-based research institute, the top 100 companies made $398 billion in arms sales in 2017
Netanyahu Greenlights Floating of Israel’s Largest Aerospace and Defense Company
10.12.18
|
Golan Hazani
Israel is looking to list state-owned defense contractor IAI in mid-2019. The plan is to sell 25% of the company’s shares according to a $4 billion post-IPO valuation
Elbit Systems Completes IMI Acquisition
25.11.18
|
CTech
Israeli Prime Minister and Defense Minister Benjamin Netanyahu signed off on the sale of state-owned IMI last week
Elbit Systems Announces $167 Million Aerial Surveillance Deal With Unnamed Asia-Pacific Country
14.11.18
|
Hezi Sternlicht
Earlier this month, Elbit reported a $68 million deal to supply maritime unmanned aircraft to countries in the European Union
Israeli Defense Contractor Elbit Announces Contract with EU Maritime Safety Agency
01.11.18
|
Adi Pick
The company will provide European Union countries with maritime unmanned aircraft system patrol services
In Israel, Weakened Defense Export Controls Facilitate Deal Making
01.11.18
|
Omri Milman
A recent reform reduced the number of permits required of local companies wishing to export defense-related technologies
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