AEROSPACE & DEFENSE
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.
Elbit awarded $100m European digital firing deal
The Israeli defense electronics company will provide a Joint National Digital Fire Command Center (JNDFC) to a European country and integrate it with the customer’s strategic and tactical firing platforms.