Elbit Systems Ltd. announced today that its UK subsidiary, Elbit Systems UK Ltd. was awarded an approximately $38 million contract from the UK Ministry of Defense to supply comprehensive JFST systems to the British Army. The JFST systems will be supplied over...
Elbit Systems announced that its BrightNite Degraded Visibility Environments (DVE) was now operational in the helicopters of a NATO country. The BrightNite system, which contains preprogrammed geographical information, combines with realtime sensors to provide pilots with clear images, even in the worst...
Elbit Technologies announced it received a major order from Switzerland. The order tags Elbit to supply the Swiss Armed Forces with a comprehensive tactical communication solution. The contract has to be ratified by the Swiss Parliament. Elbit did not disclose the exact...
The Israel Aerospace Industries reported it had earned $15 million during the first quarter of 2019. This is $1million more than IAI earned during first quarter of 2018. Sales of the company rose by 13.5% to $1 billion. The growth in sales...
Bet Shemesh Engines announced it has signed a new $800 million contract with Pratt and Whitney Canada, to provide parts for P&W’s engines. The new agreement will last until 2039.  P&W Canada is a separate subsidiary of US-based Pratt & Whitney that...
Rafael announced it has received an order from Germany to purchase 1,500 Spike missiles, at a value of 200 million Euro. Germany first ordered Spike missiles in 2012. Spike missiles are primarily anti-tank missiles. Rafael has exported 30,000 Spike missiles, to date.
Today has been a very good day for Israel Aerospace Industry. The Israeli Ministry of Defense announced that Israel and the United States completed three extremely successful tests of the Arrow anti-missile system in Alaska, in which the system directly hit three...
Elbit Gun Israel’s Defense sales dropped to $7.5 billion in 2018. This is down 18% from the record $9.1 billion sale of exports in 2017. The most significant drop was from sales to the Asian Pacific region, which dropped 35%, from $5.3 billion...
The Indian Army is about to make an emergency purchase of 240 Spike anti-tank missiles and 10 launchers from Rafael. The value of this acquisition is expected to be in the tens of millions of dollars. The Army had initially wanted to...
Elbit reported positive results for the first quarter of 2019. It was the first quarter that included the full consolidation of Israel Military Industries and Universal Avionics in its reporting, and as such, sales were clearly up.  However, IMI’s lower margins resulted...