Defense

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...

Airbus A 400M Elbit Systems Ltd. announced it has been awarded an approximately $73 million contract from Diehl Defense GmbH & Co. KG (“Diehl Defense”) to provide J-MUSIC™ Directed Infrared Counter Measure (DIRCM) systems for the German Air Forces’ Airbus A400M aircraft. The...

Elbit Systems launched CONDOR™ MS, a new Long Range Oblique Photography (LOROP) system that introduces Multi-Spectral (MS) sensing capability and Artificial Intelligence (AI) analytics to stand-off strategic intelligence gathering missions.     CONDOR MS integrates three high resolution Electro...

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...

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...

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...

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 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...