Defense against drone threats continues to dominate the agenda of the defense industry. On Monday, TSG IT Advanced Systems, controlled by Israel Aerospace Industries and Formula Systems, announced the acquisition of two companies and an […]
Israeli defense companies are currently publishing their financial reports for 2025, which show a big jump in their order backlogs. An investigation by Globes finds that public companies in the defense sector, together with the […]
The package, reported by the Financial Times, includes Patriot missiles, more NASAMS systems, and two undisclosed weapons, following a record $11.1 billion sale in December 2025. The Trump administration has possibly approved 60 F-35A stealth […]
Elbit Systems UK has completed the full acquisition of UAV Tactical Systems Ltd. (UTACS) after receiving all required regulatory and government approvals. The acquisition marks a further expansion of Elbit Systems’ presence in Europe and […]
Government working on a plan to float 25-30% of arms manufacturers on the Tel Aviv Stock Exchange later this year, as demand for battle-tested systems skyrockets. Israel is preparing plans to privatize state-owned defense giants […]
The Defense Department on Tuesday announced it has agreed to invest $1 billion in L3Harris Technologies’ solid rocket motor production in a first-of-its-kind deal. L3Harris will spin off its Missile Solutions business into a separate […]
Prime Minister Benjamin Netanyahu said that Israel would invest $110 billion over the next decade to develop its own independent arms industry. Much of the military equipment used by the Israeli army comes from the […]
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The negotiations are almost finalised for buying 113 more GE-404 engines from the American firm GE for the 97 LCAs. The deal is expected to help HAL get its complete requirement of 212 GE-404 engines […]
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