AEROSPACE & DEFENSE

MDA Space will pay $269 million for the Israeli company, including taking on a $76 million debt and a 75% premium on SatixFy's closing price on Nasdaq yesterday.

The order is for the supply of rockets for Elbit's Precise and Universal Launching System (PULS), which has an effective range of up to 300 kilometers.

In presenting record financial results for 2024, Yoav Turgeman tells "Globes" that the high energy laser weapon system will be operational this year.

Ishay Davidi told the Globes "Going Long on Israel" Conference that investors who pulled out of Israel after October 7 have begun returning in large numbers.

Under the current proposal, the €150 billion loan fund can be used only for procurement within Europe.

Bezhalel Machlis was speaking at an investor conference after the company released 2024 results showing revenue up 14.3%.

A British hedge fund has bought a 2.5% stake in the stabilized cameras company.

In response to the events of October 7, Kela has developed a platform for rapid integration of commercial technologies into military systems.

The minister in charge of the Government Companies Authority, David Amsalem, has approved the payment by the defense company.

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.

The agreement includes the integration of TSG's advanced technologies into sensor-based defense systems, which will be integrated into the operational systems of US defense units.

Israel Aerospace Industries board chose Gabi Seroussi as chair even though he did not to go through the preliminary process of the Government Companies Authority appointments review committee.

"The Sunday Times" has investigated Palestine Action, a radical left-wing group that targets Israeli defense companies, their subsidiaries, and corporations and banks with any connection to Israel.

Critics of the tender say the number being procured is insufficient and thewre are security concerns about Chinese components.

The latest annual report of the Stockholm International Peace Research Institute finds Israel in eighth place for arms exports.

The Israeli company will supply a European integrator with an OceanTRx4 Mil satellite communications system for a naval military platform.

Not only are Israeli systems highly respected, but Israeli companies are well adapted to working in Europe.

The product family includes systems mounted on personal rifles, remotely controlled systems, and systems carried by vehicles, robots, and even drones.

One of the first steps taken by US President Donald Trump was to release the heavy deep-penetration bombs, which former President Joe Biden had halted the supply of.

mSphere's comprehensive monitoring eliminates blind spots, enhances detection capabilities, and enables crews to identify and respond to potential threats swiftly and accurately.

Ministry of Defense demands to supply Israel first has meant overseas deliveries have been delayed, irking the Philippines in particular.

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.

Trophy can now not only thwart anti-tank missiles but also low-flying aerial threats including helicopters and drones, the "Bulgarian Military" website reports.

Rafael chairman Yuval Steinitz told US website "National Defense" that the laser air defense system is continuing to improve its range.

Thirdeye develops electro-optical recognition systems for drones integrated with AI capabilities.

Israel Space Agency director general Brig. Gen. Uri Oron and Italian Space Agency president Prof. Teodoro Velente today signed a memorandum of understanding for collaboration on Space IL's Beresheet 2 mission.

Under the contract, the company will equip the Israeli Air Force with cutting-edge self-protection suites designed to further robust the survivability of the F-16I aircraft.

Former President Joe Biden had paused supply of the heavy weight bombs.

Israeli Prime Minister Benjamin Netanyahu has spoken with French President Emmanuel Macron, who assured him that Israeli companies will be able to participate in the Paris Air Show in July.

The MRSAM systems, produced by Israel Aerospace Industries' Indian partner Bharat Dynamics, will be mounted on most India Navy warships.