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. (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,...
Kibbutz Givat Brenner, Israel – Equinom, Ltd., the leading seed breeding startup, announces it has closed its Series B round of funding of $10 million, led by BASF Venture Capital, Germany followed by Roquette, France; and Trendlines Group, Israel. Equinom’s current investor,...
Fortissimo and Kibbutz Afikim announced today the execution of an agreement for the sale of 50% of S.A.E. Afikim ("Afimilk") to Livestock Improvement Corporation ("LIC"), a New Zealand based cooperative. The enterprise value of Afimilk is $140 million. The acquirer, LIC is...
Teva Israel's leading pharmaceutical company released its quarterly and 2019 results today. They showed an improvement from 2018 as losses narrowed. Full-Year 2019 and Q4 2019 Highlights:   FY 2019 Q4 2019 Revenues $16.9 billion $4.5 billion Revenues prior to revision (*) $17.5 billion $4.6 billion Cash flow...
 Elbit Systems announced today that it was selected by the Federal Office for Bundeswehr Equipment, Information Technology, and In-Service Support to support the preliminary design of Airborne Electronic Warfare (EW) self-protection systems for the CH‑53 GS/GE transport helicopters, as part of the platform upgrade program led...
Teva Pharmaceuticals USA, announced that the Food and Drug Administration (FDA) has approved an auto-injector device for AJOVY® (fremanezumab-vfrm) injection for migraines. “The approval of the AJOVY auto-injector is another important step forward for Teva and the migraine community,”...
n In 1965, when I visited Tel Aviv for the first time, it sported the newly completed Shalom Tower. The majestic skyscraper stood 34 floors high and was said to be the tallest building in Israel and the Middle East — a...
Boeing has signed an agreement with Tactical Robotics to jointly develop vertical take-off and landing aircraft. Tactical Robotics has developed Fancroft Rotors, which are rotors that are placed inside ducts. In addition, Tactical Robotics has already developed a prototype called “Cormorant” that...
Elbit Systems completed a successful field demonstration of its patented HyDrop system, an innovative solution enabling high-altitude high-precision aerial firefighting. The field demonstration took place recently as part of an exercise led by the Israel Fire and Rescue Authority. During the exercise...