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...
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...
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. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period,...
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,...
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...
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...