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Intel lays off over 2,200 in the US as cutbacks continue in full force
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Cyber unicorn Cyera acquires Trail Security in $162 million deal
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Intel pushes layoffs of hundreds of employees in Israel to end of October
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Elbit
20 stories about Elbit
Israel’s weapons orders cross $5 billion since outbreak of war
14.01.24
|
Yuval Azulay
Due to local demand, major defense companies Rafael, Israel Aerospace Industries, and Elbit Systems have delayed the supply of weapons worth over $1.5 billion to their global customers
Elbit tight-lipped on "considerable increased demand" from Israel Ministry of Defense
19.12.23
|
Amir Perger
Elbit wrote that “since the beginning of the Swords of Iron War, it has been awarded a series of contracts by the Israel Ministry of Defense (IMOD) in an aggregate amount that is material to the company,” but refused to provide additional details
Elbit CEO: "We recruited hundreds of employees and brought back retirees due to demand and war"
28.11.23
|
Yuval Azulay
Some 2,000 of the employees of the public security company were called up to the IDF reserves due to the war in Gaza. Elbit supplied the IDF, among other things, with the "Iron Sting" precision mortar; In the third quarter, the company's net profit increased by 8.2% to $61 million
Israeli defense industries divert weapons production lines due to Gaza war
16.10.23
|
Yuval Azulay
Elbit Systems, IAI, and Rafael were already loaded with orders from abroad due to the war in Ukraine, but demand has now increased locally with the Gaza war
Elbit Systems awarded $200 million contracts to supply equipment to an unnamed European country
06.09.23
|
James Spiro
The deal will supply artillery C4I solutions and hostile fire counterattack solutions
Elbit Systems secures $55 Million contract to supply a counter UAS solution to the Netherlands
21.08.23
|
James Spiro
The system can detect, identify, locate, track, and neutralize hostile UAS during day and night, both in urban and rural environments
Sex, lawsuits, and millions down the drain: the secrets behind Aerodrome's value destruction
05.07.23
|
Tomer Ganon
A staggering 95% plunge in value merely scratches the surface of the tumultuous events that have unfolded at this UAV manufacturer in recent years. One instance involved an employee who, while providing training in Kazakhstan, violated security protocols by bringing a local woman to his hotel room, resulting in severe damage to the company's collaboration with Elbit
We'll always have Paris: Geopolitical shakeup means big business for Israel's defense sector
26.06.23
|
Yuval Azulay
Israel Aerospace Industries, Rafael, Elbit and others showed out in full force in the Paris Air Show after a record year in which Israel exported a record $12.5 billion in defense products
Israel defense exports reached record $12.5 billion last year, including a quarter to Arab partners
14.06.23
|
Reuters
The 2022 figures marked a 50% increase over the previous three years and a doubling in volume over the previous decade
Elbit lands $305 million deal to sell artillery rocket systems to the Netherlands
18.05.23
|
CTech
The Israeli company's PULS artillery rocket systems support the firing of both free-flying rockets and precision guided rockets and missiles ranging from 12km and up to 300km
Elbit closing on $1 billion in deals in 2023 with latest contracts
02.03.23
|
CTech
"We are witnessing a trajectory of an increased demand for advanced artillery solutions from militaries around the world, including European countries and NATO members,” said Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems
Elbit reaches $450 million in deals in just two weeks
18.01.23
|
CTech
Since the start of the year, the defense giant has landed deals to supply advanced electro-optical systems, rockets for armed forces, as well as the operating and maintaining of simulation centers for the Israeli Air Force's F-16 fleet and the IDF's Armored Corps
Elbit Systems lands $107 million order to supply night vision systems for the U.S. Army
12.10.22
|
Udi Etsion
The Enhanced Night Vision Goggle – Binocular (ENVG-B) system integrates powerful night vision capabilities and head-up situational awareness
Quantum Machines to establish Israeli quantum computing center in $30 million deal
18.07.22
|
Meir Orbach
The Israel Innovation Authority has chosen the Israeli startup, in collaboration with Classiq, to establish the center which will allow researchers to conduct R&D on a universal quantum computer
Israeli defense exports reach record high of $11.3 billion in 2021
12.04.22
|
Udi Etsion
After a 33% leap in Israeli arms sales over the past year, the Ministry of Defense is expecting an additional rise once Europe takes up arms due to the Russian invasion of Ukraine
Elbit Systems seals $53 million contract with UAE to supply aircraft and self-protection systems
03.01.22
|
James Spiro
The 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
|
CTech
Over 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
Avnon Group strengthens position in drone market with $7.75 million acquisition of ALTI
29.08.21
|
Udi Etsion
Group company iSTAR is acquiring South Africa’s ALTI, a UAV manufacturer specializing in drones that take off and land vertically
Israeli airborne laser system successfully completes first-ever interception tests
21.06.21
|
Udi Etsion
The High-Power Laser system was installed on an aircraft and successfully intercepted and destroyed UAVs
Elbit awarded $16 million project to supply night vision goggles to UK Armed Forces
08.06.21
|
CTech
The new deal comes on the back of $166 million contract from the UK Ministry of Defence for the Royal Navy Future Naval Training Program
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