Aerospace & defense

The Israeli startup is fast expanding after saving the lives of many IDF soldiers during the war with its assault and surveillance drones.

According to Reuters, the joint project will be presented at the International Aerospace Exhibition ILA in Berlin in June.

If a deal is reached, it will represent an interesting change of trend for Rafael; only 1% of its 2023 sales were in Africa.

The new agreement with the Ministry of Defense will more than double Imco's backlog of orders to NIS 725 million.

The contract worth $37 million is to supply Iron Fist Active Protection Systems (APS) to General Dynamics for upgrades to the US Army's Bradley M2A4E1 Infantry Fighting Vehicles.

Rafael's David's Sling is a collaboration that illustrates the combined strength of Israel's defense industry.

The Israel Defense Forces has ordered thousands of drones from two Chinese companies for its land forces, sources inform "Globes."

The $26.4 billion for Israel is part of a $95 billion package that also includes military aid for Ukraine and Taiwan.

The Ghost Soldier system is designed to assist ground forces in monitoring and discovering the enemy during warfare in open terrain.

Microwave and laser systems to down swarms of drones have negligible costs compared with interception systems like Iron Dome.

With 99% of the missiles and drones fired by Iran and its proxies intercepted, "Globes" looks at the companies, which with US cooperation, developed Israel's air defense systems.

The sales, for a total of NIS 100 million, were chiefly to More Investment House and Meitav. Private equity firm FIMI remains the controlling shareholder.

Sigma CEO Yair Shani: Iran has done excellent sales promotion for Israel's defense companies.

The company is adapting its quad cycles and quad boards for remote control military use.

The naval version of Iron Dome shot down “a suspicious aerial target” in the Gulf of Eilat.

Teknel produces mobile command and control cabins ranging in cost from tens to hundreds of thousands of dollars.

According to IWI, the Arbel system enhances both reaction speed and accuracy.

Residents reported disruptions with GPS-based navigation apps like Waze, Moovit and Google Maps, telling users they were in Beirut, likely due to IDF jamming actions.

The Biden administration is soon set to approve the sale of 50 F-15 fighter aircraft to Israel, in a deal worth more than $18 billion, CNN reports.

Aerospace Services India is a collaboration between Israel Aerospace Industries and Indian government agency Defence Research and Development Organization.

ReDrone can locate, identify and intercept several targets simultaneously within a secured area.

With huge returns since its TASE IPO, the stabilized camera company has a higher market cap than veteran Israeli companies like Cellcom, Isracard and Rami Levy.

The Tel Aviv-based company's drone is launched from a unique encapsulated system from tanks, APC's and submarines for assault and surveillance missions.

Defense imports from Canada represent just 0.05% of Israel's total defense imports but there are concerns that other countries might follow suit.

The contract is valid for 20 years and includes Czech companies, which will be responsible for a wide range of processes as local subcontractors.

According to the latest SIPRI report, Israel share of global arms exports declined in 2019-2023, while Italy, Turkey and Iran gained share significantly.

The observation balloon detects aerial threats including cruise missiles and drones.

IAI is offering a firefighting technology product that includes operating two autonomous drones, synchronized with each other.

Whether it's the need to counter hostile drones, or to transport blood between hospitals, or to make airports safe, Israeli companies are working on it.

IAI Systems Missiles and Space (SMS) Group has signed a contract with Israel's Ministry of Defense for the sale of unnamed armament systems.