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24/7
Headlines
14:36
Iron Dome and Iron Beam maker Rafael moves closer to a possible IPO
14:20
Weapons as strategy: Israel’s defense industry steps into a larger global role
09:09
CTech’s Book Review: What strategy really is and why so many organizations get it wrong
08:20
British Ambassador to Israel, Simon Walters: “If you build in Britain, we will back you”
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Huang declares Israel Nvidia’s “second home” with record-breaking campus investment
2
Cyera raises $400 million at $9 billion valuation in Blackstone-led round
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Vega raises $120 million Series B as two-year-old cyber startup hits $700 million valuation
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Dell acquires AI data-infrastructure startup Dataloop in $120 million all-cash deal
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“The acquisition of Armis marks a clear entry by ServiceNow into cybersecurity”
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Defense
20 stories about Defense
The Lone Soldier Has Become a Major Factor in Today’s Battlefield, Says IAI VP
25.11.19
|
Naomi Zoref
Boaz Levy, general manager and executive vice president of Israel Aerospace Industries’ systems, missiles, and space group, spoke Monday at Calcalist’s Mind the Tech conference in Tel Aviv
$100M Facts About the Iron Dome
12.11.19
|
Nitzan Sadan and Adi Pick
Discover the best facts about the Iron Dome with CTech. Learn more about Israeli famous anti-missile defense system, who invented it, and how does it work
Rafael Buys 50% Stake in Aerospace Engineering Company Kanfit
10.09.19
|
Golan Hazani
Rafael recently acquired a 50% stake in Israeli drone maker Aeronautics. Kanfit is considered a leading global supplier for UAV components
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
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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
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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
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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
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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
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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
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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
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