AEROSPACE & DEFENSE
Israel to scale down Paris Air Show presence
Due to President Emmanuel Macron's antagonism, Israel is reducing its presence at the exhibition, Ministry of Defense International Defense Cooperation Directorate (SIBAT) head Yair Kulas tells "Globes."
Defense tech co Kela raises $39m
In response to the events of October 7, Kela has developed a platform for rapid integration of commercial technologies into military systems.
IAI profit jumps 55%
Israel Aerospace Industries posted a net profit of $493 million for 2024, and ended the year with an all-time high orders backlog of $25 billion.