Elbit Systems announced today that its U.S. subsidiary, Elbit Systems of America, LLC ("Elbit Systems of America"), was awarded an Other Transaction Authority (“OTA”) contract from the U.S. Army for Enhanced Night Vision Goggle – Binocular (“ENVG-B”) systems. The potential contract value...
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 Systems Ltd. announced today that its US subsidiary, Elbit Systems of America, LLC, was awarded an approximately $26 million contract from the United States Customs and Border Protection ("CBP") to install an Integrated Fixed Towers ("IFT") system in the U.S. Border...
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...
Israel Aircraft Industries has signed a new contract with the Indian Navy, to provide service and support for the Barak-8 System it sold to the Navy, jointly with the Indian DRDO. The Barak-8 is the cornerstone of the relationship between IAI and...
Rada Radar Rada reported rapid growth in sales during the first quarter of 2019, during which time, company sales rose 44% to $8.7 million — thanks to a significant growth in its tactical radar systems. Gross profit totaled $3.2 million...
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 REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS   Backlog of orders at $10.0 billion; Revenues of $4.51 billion; Non-GAAP net income of $297.8 million; GAAP net income of $227.9 million; Non-GAAP net EPS...
Elbit Systems Ltd. was awarded an approximately $82 million contract from BAE Systems Hägglunds AB (“BAE Systems Hägglunds”) to supply the Royal Netherlands Army (“RNLA”) with Active Protection Systems (“APS”) and electro-optical commander sights. The contract will be performed over a period of...
Tanks were first used in warfare during World War I, in an attempt to break the stalemate created by the trench warfare in the West. Since their introduction, tanks have evolved in a somewhat linear fashion. The guns have become larger, the armor thicker,...